BAYSIDE INN

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 56-room Bayside Inn Key Largo, a waterfront boutique resort situated in Key Largo, Florida, the keys island community closest to Miami and considered the renowned "Gateway to the Florida Keys." Originally constructed in 1990, the property is comprised of one, two- and three-story structures offering guests direct waterfront exposure in one of the nation's premier leisure destinations.
Bayside Inn Key Largo also features the on-site, independently operated and leased Key Largo Dive Center, which not only provides stability through ancillary income but also an amenity for guests and an opportunity for a new owner to implement creative joint marketing strategies in the form of dive packages coordinated with dive store ownership.
Additional upside exists through the property's proximity to Snook's Bayside Restaurant & Grand Tiki Bar, one of the most popular dining establishments in the Keys, located immediately adjacent to Bayside Inn. A new owner would be well-positioned to explore formal or informal partnership arrangements and expanded vacation package offerings that leverage this neighboring attraction to broaden the hotel's market appeal and capture a wider guest demographic.
Bayside Inn Key Largo provides the opportunity for a new owner to acquire a waterfront boutique resort within one of the top leisure destinations in the country that offers a new owner meaningful value-add potential in a high-demand, supply-constrained leisure market.

INVESTMENT HIGHLIGHTS

• Cash-Flowing, Independent Resort with Multiple Layers of Upside
• Located in World Famous Key Largo, the "Dive Capital of the World"
• Unmatched Barriers to Entry Due to Rate of Growth Ordinance System
• Located Directly Next Door to Snook's Bayside Restaurant & Grand Tiki Bar
• Leased On-Site PADI 5-Star Resort Dive Center
• One of the Largest Non-Institutionally-Owned Properties in Key Largo
• Prime Location with World-Class Sunset and Waterfront Views
• Gaining Market Share - YTD Occupancy Index Up +6.0%