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$10,450,000
165 Days On Site

212 CASEY KEY ROAD
NOKOMIS, FL 34275

For Sale|Hotel/Motel|Active
0
Beds
0
Full Baths
0
Partial Baths
15,069
SqFt
$693
/SqFt
1965
Built
Subdivision:
ACREAGE & UNREC
County:
Sarasota

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212 CASEY KEY ROAD212 CASEY KEY ROAD212 CASEY KEY ROAD212 CASEY KEY ROAD
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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 enormous suites 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 2 bedroom with den/3 baths to large one-bedroom suites. 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 2024. 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.

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Listing Snapshot
Price 
$10,450,000
Days On Site 
165 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,069 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.11 Acres
Year Built 
1965
MLS® Number 
A4614766
Status 
Active
Property Tax 
$58,398.8
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $10,450,000
5 months agoStatus changed to Active
5 months agoListing first seen on site
General Features
Acres 
1.11
Foundation 
Slab
Number Of Stories 
1
Property Sub Type 
Hotel/Motel
Sewer 
Septic Tank
SqFt Total 
17196
Utilities 
Water Connected
Water Source 
Public
Zoning 
RSF1
Interior Features
Cooling 
Central Air
Furnished 
Furnished
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Exterior Features
Construction Details 
BlockStucco
Lot Features 
Waterfront
Other Structures 
Boat House
Road Frontage 
County Road
View 
MarinaWater
Waterfront 
Yes
Waterfront Features 
Beach Access
Waterview 
MarinaWater
Community Features
MLS Area 
34275 - Nokomis/North Venice
Roads 
Asphalt
Township 
38S
Listing courtesy of A YOUNG REALTY GROUP INC 9415863999



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
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