# 243 61st Street, Marathon, FL 33050

> **TL;DR:** 13bd/13ba commercial, $5,900,000 ($1295/sqft), built 1954, 4,557 sqft.
> View, A/C. Est. $31,555/mo. Listed 35 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,900,000 |
| Price/sqft | $1295 |
| Bedrooms | 13 |
| Bathrooms | 13 full |
| Square Feet | 4,557 |
| Year Built | 1954 |
| Lot Size | 24,394 sqft (0.56 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 35 |

## Why This Home Stands Out

- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $29,834 |
| Estimated Insurance | $1,721 |
| **Total** | **$31,555** |

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 1954
- 0.56 acre lot

## Description

### Agent Description
A rare and unique income producing Hotel in Marathon. Tropical Cottages is a boutique & profitable Mom and Pop Motel. Total of 11 valuable Transient Licenses, 13 Rooms plus office with kitchen & check in room. 9 buildings on the property, 8 adorable free standing cottages with new Victorian shingle roofs & the main building with 3 rooms in good condition. Each room has been tastefully and tropically renovated inside and out. Each room is unique & comes fully furnished. Most of the units have small kitchenettes including sink with microwave and refrigerator. All units have refrigerator & microwave. Additionally, there is a large Tiki Hut & Bar along with Food Truck with seating area. The Food Truck and Tiki Bar are leased for $6,375 per mos on a short term agreement. The Motel is managed by Owners . The hotel runs on auto-pilot. Online check-in available with a good housekeeping staff as back up. Most of the business is from repeat customers, plus online booking sites are all utilized. On site is a full laundry room with Commercial grade washers/dryers and storage rooms throughout. All housekeeping is done on site. Small, friendly & efficient staff has been there long term and willing to stay on with new owners. There are a total of 6 lots encompassing over 1/2 acre of land, total .56 Ac or 24,384 sf. Ample off street parking for guests. Zoning is GC and land use is recognized as Hotel/Motel. Bonus of Deeded waterfront access at the end of 61st St. which has a boat ramp and staging area for all types of watercrafts and sports. Same family ownership since 2010. Tropical Cottages was started back in the mid 1950's as a Fish camp and is one of the few remaining Mom & Pop Motels throughout the Florida Keys. Motel generates substantial Net income year after year to current owners. Sellers may consider Seller Financing may be available to a qualified buyer. Terms to be negotiated.

## Location

- **Address:** 243 61st Street, Marathon, FL 33050
- **County:** Monroe
- **Neighborhood:** Marathon Heights (50.5)
- **Coordinates:** 24.718515, -81.070861
- **Google Maps:** https://www.google.com/maps?q=24.718515,-81.070861

## Listing Agent

- **Name:** Curtis A Skomp, CCIM
- **Brokerage:** Internet Realty/Florida Keys Inc (KW)
- **Phone:** (305) 745-9088
- **Broker Phone:** (305) 745-9088

## Photos

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---

**MLS#:** 621147 | **Updated:** 2026-10-02
**Source:** listhub

*Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/243-61st-street-marathon-fl-33050-l621147)

---

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  "url": "https://www.propertysimple.ai/listing/243-61st-street-marathon-fl-33050-l621147",
  "name": "243 61st Street, Marathon, FL 33050",
  "description": "A rare and unique income producing Hotel in Marathon. Tropical Cottages is a boutique & profitable Mom and Pop Motel. Total of 11 valuable Transient Licenses, 13 Rooms plus office with kitchen & check in room. 9 buildings on the property, 8 adorable free standing cottages with new Victorian shingle roofs & the main building with 3 rooms in good condition. Each room has been tastefully and tropically renovated inside and out. Each room is unique & comes fully furnished. Most of the units have small kitchenettes including sink with microwave and refrigerator. All units have refrigerator & microwave. Additionally, there is a large Tiki Hut & Bar along with Food Truck with seating area. The Food Truck and Tiki Bar are leased for $6,375 per mos on a short term agreement. The Motel is managed by Owners . The hotel runs on auto-pilot. Online check-in available with a good housekeeping staff as back up. Most of the business is from repeat customers, plus online booking sites are all utilized. On site is a full laundry room with Commercial grade washers/dryers and storage rooms throughout. All housekeeping is done on site. Small, friendly & efficient staff has been there long term and willing to stay on with new owners. There are a total of 6 lots encompassing over 1/2 acre of land, total .56 Ac or 24,384 sf. Ample off street parking for guests. Zoning is GC and land use is recognized as Hotel/Motel. Bonus of Deeded waterfront access at the end of 61st St. which has a boat ramp and staging area for all types of watercrafts and sports. Same family ownership since 2010. Tropical Cottages was started back in the mid 1950's as a Fish camp and is one of the few remaining Mom & Pop Motels throughout the Florida Keys. Motel generates substantial Net income year after year to current owners. Sellers may consider Seller Financing may be available to a qualified buyer. Terms to be negotiated.",
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