RARE OCEANFRONT DEVELOPMENT SITE IN

FLORIDA KEYS FOR SALE

CBRE Selected to Market 24-acre site on Atlantic Ocean in Marathon

Orlando, FL – August 9, 2013 – CBRE has been retained to market for sale Knights Key RV Resort & Marina, a 24-acre oceanfront redevelopment opportunity located at 1 Knights Key Blvd. in Marathon, Florida. 

Knights Key is entitled for development of 199 transient resort units, 48 marina slips and 5,700-square-feet of commercial space. Development may include hotel, hotel-condominium or fractional-ownership units.

"Resort development sites of this magnitude and density are very rare in the Florida Keys," said Lisa Zaranek, Senior Associate, CBRE Hotels.

"The inherent high barriers to entry in the Florida Keys are very appealing to hoteliers, developers, high-net-worth individuals, as well as institutional and regional investors," added Calum Weaver, First Vice President, Multi-Housing Group.

Knights Key is located at the entrance to the famous Seven Mile Bridge, which facilitates easy access to the Florida Bay for boating, fishing and other water sports enthusiasts.  The site is a peninsula surrounded by approximately 2,500 feet of shoreline, offering sweeping views of the Atlantic Ocean. It is also located in close proximity to restaurants, shopping, dive shops, charter boats, boat rentals and other local amenities.

CBRE has extensive experience marketing resort properties throughout the Florida Keys. The CBRE team representing the seller includes Lisa Zaranek, Christian Charre, Paul Weimer and Natalie Castillo with CBRE Hotels, as well as Calum Weaver, Gerard Yetming and Robert Given with CBRE’s South Florida Multi-Housing Group.

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