212 CASEY KEY ROAD

NOKOMIS, FL, 34275

$15,750,000

$1,045 per ft²
$15,750,000
$1,045 per ft²
Active
Active
 - For Sale
carpenters-square
15,069 ft²
property_type
Commercial
calendar
Built 1965
Escape Resort and Marina is a rare opportunity to purchase a profitable boutique resort that exudes a tropical sophistication that is rarely found. This tropical oasis is comprised of seven buildings with 29 bedrooms and 31 bathrooms that have very recently been thoughtfully reconstructed. This Casey Key resort is located on over one acre of lushly landscaped waterfront paradise that is only steps from the pristine sand and welcoming waves of the Gulf of Mexico and located near delicious waterfront restaurants and world class shopping. The lushly landscaped paver walkways lead to 14 expansive rooms each open onto the outdoor patios & balconies with many rooms having a waterfront view. All recently reconstructed rooms have been extensively renovated with features that include all new roofs, electrical and plumbing, HVAC and mechanical systems, new drywall with wall to ceiling finishes, new flooring throughout, new category 4 windows and doors and light fixtures. Each room offers new full-sized kitchens with high quality cabinetry, countertops and stainless-steel appliances, flat top stoves, microwaves, and dishwashers. Rooms range from 3 bedroom 3 baths to large one-bedroom suites with many rooms that have adjoining doors providing multiple ways to increase resort revenue income. Onsite, guests enjoy a large pool and sundeck, hip, fun common areas including a beautiful waterfront clubhouse with full kitchen, a waterfront amphitheater with firepit, BBQ grilling areas, bicycle and kayak rentals, and workout facilities. The enormous modern rooms are styled to perfection and adorned with flat-screen TV’s, free Wi-Fi, and high-end furnishings. The attention to detail is awe inspiring as represented by the high guest review ratings and return clientele. This is a very profitable resort that has consistently experienced year after year increases in occupancy/ADR with very strong projections for the remainder of 2022. The recently reconstructed 15 dock marina provides an additional generous steady stream of income. The marina is located on sailboat water and can accommodate boats up to 50 feet, contains up to 50-amp electric, water, nine 20-foot finger pipers as well as one covered boat slip with lift. Escape Resort is truly a premier year-round waterfront resort and marina. The demand for waterfront island Vacation Rentals is extraordinary and this resort stays consistently full. Escape Resort and Marina is located on coveted Casey Key Island nestled just south of world-renowned Siesta Key and quaint Venice Island and is a short drive into Sarasota, the cultural capital of the south. This island has very little accommodation competition and rooms can be rented nightly, weekly, or monthly. This Florida island beach lifestyle includes awe-inspiring sunsets and guests enjoy this amazing experience. With all of the upgrades recently completed, this is a turn-key investment for any entrepreneur or experienced hotelier that will bring tremendous cash flow while enjoying a true Island beach experience. Please DO NOT walk the property without permission and DO NOT disturb Seller or Employees.
MLS® ID:
A4534644
Listed:
5/9/22
Updated:
10/7/22

Interior Features

Kitchen Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet, Ceramic Tile, Hardwood
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
1.11 acres lot
Exterior Features
Other
Lot Details
Waterfront
Sewer
Septic Tank

Other Property Details

Area Name
34275 - Nokomis/North Venice
Taxes
$45510.72
Tax Frequency
per YEAR
HOA Amenities
Beach Area
Garage
No
Parking
Parking Spaces - 19 to 30
View
N
County
Sarasota
Utilities
Water Connected
Water Source
Public
Pool
No
Zoning
RSF1

Courtesy of A YOUNG REALTY GROUP INC, Angelia Young,
Listing Contact:  

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Roger Pettingell Group participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

©2022 Stellar MLS. All rights reserved. 

Data last updated 10/7/22, 2:47 PM UTC

Contact