Post on 22-Jan-2018
For more information contact:
Kim Rabito-Show
305-304-8591
kim@acresales.com
www.2000SombreroBeach.com
An Ocean Front Lifestyle Community in the “Heart of the Florida Keys” 2000 Sombrero Beach Road ~ Marathon, Florida
Inspired by the unique location and the ocean, Developer: Sombrero Homes, LLC presents a one-of-a-kind casual yet elegant seaside escape for the discriminating home buyer. Intentionally designed for island style living in the Florida Keys, this newly constructed development will have only three (3) exclusive single family detached residences. Each home will integrate the quaint island fashions of the Keys combined with a luxury style refinement. With timeless components, open floor living areas, expansive open water views and uncompromised construction, Treasure on the Beach is an exceptional waterfront development. The information in this package includes architectural designs for the development, amenities and fea-tures of these uniquely positioned treasures.
Project Overview Information Sheet
Construction Features
CBS Construction 8’ Column Height Metal 5 V-Crimp Roof and Concrete Poured Slab on Roof Top Deck Impact Resistance Single Hung Windows & Sliding Glass Doors Wind Velocity 180 MPH Smooth Stucco Finish 2 - Trane 4 ton A/C units Poured Concrete Slab under Home for Parking
Interior Features 4 Bedroom / 4 Bathroom 3,566 Sq Ft under A/C Elevator Stainless Steel Appliances Granite Counter Tops Wood Cabinets Porcelain Tile 6” Base Boards
Exterior Features Covered Balconies off Master Bedroom & Livingroom Spiral Staircase to Roof Top Deck 50 Ft Concrete Seawall Dockage 30x20 Concrete pool with heater 10x10 Attached Spa 15,116 +/- Lot Sq Ft
Site Plan
Corner Lot 3 has:
15,116 +/- Sq. Ft. of Upland
3,545 Sq. Ft. of Bay Bottom
50’ Concrete Seawall
Access via Treasure Road
The Foundation of Excellence
As in every endeavor the foundation is key to the quality and stability of any plan. Solid concrete pilings will
be driven down through cap rock to provide a sound and secure foundation for the living quarters above.
Ground Level Features
Ground Level Storage
Elevator Access
Covered parking
Covered Entertainment Area
Solid Cap Rock Secure Pilings
Custom Concrete Pool
Built-in Spa
Direct Ocean Frontage
50’ Concrete Dock
A Living Space for the Whole Family
Two aspects were primary in the design of the living space: Providing an inviting, open and comfortable
setting for family activities and maximizing the priceless Atlantic Ocean views.
Main Level Features
Open Living Area
Custom Kitchen
High-end appliances
Open Dining Area
Open Living Area
Living Area Ocean Views
Ocean Front Balcony
Laundry
Elevator Access
Two (2) guest rooms
Two (2) Full Bathrooms
Den/Lounge Area
Ample Storage
A Suite for the Master of the Ocean
The lions share of the upper level is dedicated to making the Master of the house feel like the Master of the
ocean. This suite offers spacious surroundings, huge ensuite bath, large walk-in closet, and private ocean
front balcony with a special
spiral staircase leading to and
exclusive rooftop observation
deck.
Upper Level Features
Master Suite
- Extra Large Bedroom
- Direct Ocean Views
- 4 Fixture bath
- Walk-in Closet
- Private Balcony
- Spiral Access Rooftop
Observation Deck
Elevator Access
Additional Storage
Guest Suite
- 3 Fixture bath
- Walk-in Closet
A Property that brings the Best of the Outdoors to You
Roof Top Sun Deck The sun, ocean views and stars are the features of the common area balcony and the private master balcony, but the rooftop observation deck will offer you unparralled 360 degree views of the island and ocean as well as the full expanse of all of the constellations. From sunset cocktails and afternoon tanning to romantic star gazing, these are all natural for these added living spaces.
The Pool Reflective of a passion for island living, each Treasure on the Beach home has a custom in-ground heated pool complete with relaxing spa. An ample splash deck makes the pool itself a place to sit and read a book refreshed by the cool water in the summer and warm water in the winter and also a perfect setting for a cocktail party.
Area Information
Major Points of interest
Sombrero Beach Next Door
Shopping <3 minutes
Crain Point Nature Ctr. <3 minutes
7 Mile Bridge 5 minutes
Dolphin Research Center 12 minutes
Hawk’s Cay Resort 15 minutes
Long Key State Park 20 minutes
Bahia Honda State Park 20 minutes
Islamorada 25-30 minutes
Key Deer Refuge 30 minutes
Key Largo 35-40 minutes
Key West 45 miles, 1 hour
Miami International Airport 90 miles, 2.25 hours
Downtown Miami 95 miles, 2.5 hours
Sombrero Beach
Marathon Area Information:
The City of Marathon incorporated in 1999, which set its boundaries, “from the East end of the Seven Mile
Bridge approximately Mile Marker (MM) 47 to the West end of Toms Harbors Bridge, approximately MM 60.
Being about 1 hour from Key West and Key Largo, Marathon is the Heart of the Florida Keys. The Marathon
area is an island community made up of some 60 islands. The islands of Marathon are Boot Key, Knights
Key, Hog Key, Vaca Key, Stirrup Key, Crawl and Little Crawl Key, East and West Sister’s Island, Deer Key
and Fat Deer Key, Long Pine Key and Grassy Key. Marathon is located directly in the middle of the Florida
Keys and is a world renowned fishing and diving resort destination. It is approximately 110 miles south of Mi-
ami.
Residents of this island chain recently incorporated their community into the City of Marathon. This is largely
due to local citizens wanting more local control of their government in an area largely regulated by federal,
state and county governments. Most recently the Islands of Islamorada incorporated for the same reasons
and there is movement in neighboring islands to also incorporate. Prior to the incorporation of Marathon and
Islamorada the only cities within the county were Key West, Layton, and Key Colony Beach.
The New York Times recently recognized us as the Family Destination of the Year due to the abundance of
family friendly activities and amenities the Islands of Marathon have to offer you and your family. Sherman’s
Travel named the Florida Keys in the Top 10 destinations for the Leaders of the Western World.
Marathon is a family oriented destination with many attractions for the entire family to enjoy such as the Dol-
phin Research Center, Pigeon Key Island, The Turtle Hospital, and Crane Point Hammock. Marathon’s own
Crane Point Museum & Nature Center announced this month plans for a zip-line canopy tour installation,
helping to further advance Marathon’s reputation as an outstanding eco-friendly family destination.
The Florida Keys, each month, host a myriad of activities including: numerous fishing tournaments of all
scales, annual art festivals with artists that attend from around the country, Marathon’s annual seafood festi-
val every year in March, Key West’s Fantasy Fest which is hel every year in October, award winning play-
houses, and monthly concert venues by the the Florida Keys orchestra and world renowned guest stars.
Development: The Marathon area is comprised of primarily residential properties, with many com-
mercial properties scattered along US #1, and a few Marinas along the shore line. On the Atlantic Ocean or
Florida Straits side of the Florida Keys is a string of barrier reefs four to six miles off-shore with the axis of the
Gulf stream two to four miles beyond, flowing northward. This band of turquoise and blue water contains
some of the finest sport fishing in the world. Snorkeling and scuba diving are very popular, especially at John
Pennekamp and Looe Key State Underwater Parks. Several motels and hotels are located in this region, as
well as numerous marinas and marine related commercial ventures. The economy is primarily supported by
the tourism industry from these natural features. Current commercial tourism development includes a new
Hyat and new Marriott in the final stages of construction. Proposed tourism developments include the addi-
tion of 27 units to the newer Holiday Inn and redevelopment of the Sombrero Country Club to included transi-
ent and/or vacation rental facilities.
Airport: Marathon also hosts the largest airport in the Florida Keys with a runway of 5008’ x 100’ of
grooved asphalt. The airport services private aircraft only with no commercial flights handled. The facilities
offer full service to private planes including: fuel, cleaning, maintenance, tie down & storage, and car rental.
Full detailed airport information can be reviewed at: http://www.ci.marathon.fl.us/index.aspx?NID=31.
There are also exciting water sports to try like kite-boarding, paddle-boarding, snorkeling, deep sea or reef
fishing trips, boating, jet skis, or maybe finding your very own private, secluded island or stretch of beach to
relax and kick-back!
The neighborhood is primarily suburban and approximately 75% built-up. Marathon is the primary shopping
area for the most of the Middle Keys. Within Marathon there are also major grocery, banking and retail out-
Area Tourism Stats
MARATHON & MIDDLE KEYS
TOURISM TRENDS AND PROSPECTUS
Visitor Data: 2013 >2.85 Million Total FL Keys Visitors Annually Marathon & Middle Keys District:
719,916 total annual visitors 529,207 stayed in overnight in hotel/motel/resort
17,853 in vacation rentals 64,593 in campgrounds __________________________________ = 611,653 total visitors staying overnight +108,263 day-trippers ____________________ = 719,916 total visitors in 2013
Visitor Spending: -Average Keys visitor spends $180.00+/day (includes accommodations)
-Average visitor arriving from Marathon Airport spends $1,000.00/day (includes accommodations)
Visitor Demographics: -Traveler Makeup for Marathon/Middle Keys: -2 adults & 2 children (minimum/conservative) -Minimum HHI (House-Hold Income) = $80,000+ (many higher-end properties only
market/cater to HHI of $150,000+)
Min HHI of travelers arriving into Marathon Airport = $500,000.00+ -Average length of stay = +/- 4.5 days (longest in keys due to large vacation rental
inventory) -Interests: Boating Dining/Entertainment Fishing Attractions Cultural/Arts Rest & Relaxation
Overall Market Share %
Keys
District
FY
2010
FY
2011
FY
2012
FY
2013
FY
2014
2014 Bed Tax
Collections $ Amount
Key Largo 12.37% 11.74% 11.69% 11.78% 12.01% Islamorada 10.46 10.79% 11.02% 11.27% 10.99% Marathon 14.05% 14.30% 14.08% 13.89% 14.27% Up 14.9% from 2013
Lower Keys 5.29% 4.98% 4.80% 4.92% 5.89% Key West 57.93% 58.20% 58.16% 58.15% 56.85% *Marathon consistently ranks #2 in County for % of bed tax market share See other handouts for additional bed tax statistics as well as occupancy, ADR’s, and such comparisons to other Florida and tourist destinations * Average traffic-count in Marathon on Hwy US1 is about 10,000-
20,000/day total (includes both North & South-bound traffic/vehicles)
SWOT ANALYSIS for Marathon
Strengths
Unique destination (high demand) Accessible via drive, fly (Marathon Airport; longest
runway in Monroe Cty), and boat Caribbean feel within USA (paradise without the
passport) Affordable (better prices than Key West) Family-Orientated Destination
Quality activities (fishing, diving, boating, attractions)
Geographically positioned well within Keys (1 hour drive to Key West, 1.8 hour drive to MIA Airport)
Same distance to Havana, Cuba as Key West Largest inventory of waterways and dockage in Keys Competitive dockage & commercial rates Low tax rate (one of the lowest in the State) Infrastructure in-place (sewers, healthcare,
shopping/retail, other support industries) Marathon as a City is poised for growth
Keys as a whole have highest Occupancy-rate and ADR’s in state/region
18 Hole Championship Golf Course/Country Club
Recognized Marathon Yacht Club
Weaknesses
Tourism is seasonal (although this is slowly changing with stronger Spring & Summer seasons)
Economy still recovering Current lack of commercial air service (will change
as more hotel rooms come back online, are built as well as marina slips)
Opportunities Cuba opening up, loosening travel restrictions Marathon has Room to Grow (hotels, attractions,
etc) New developments in progress and others on
horizon (hotels: Hyatt & Marriott, high-end developments, Knight’s key, new businesses, etc.)
Land/space for accommodation properties available Additional boat slips/Marinas back on-line (ie: Faro
Blanco Marinas and 125 room Hyatt Place) Marriot Courtyard will be open Q4 2015; 95 rooms *Commercial Air Service (potential to add 50,000+
visitors annually) Name Brand recognition (flag properties,
restaurants, retail, etc) All-Inclusive (hotel, restaurant, marina) Resort
Model appears to be successful in Keys (ie: Hawks Cay, Tranquility Bay, Holiday Inn Express)
Costs of building/construction less than international island destinations
Premier destination properties in Marathon for visitors and locals using restaurant, shopping, etc.
Finding potential investors, partners, etc: favorable exchange rate for US dollar; US still safe place to invest-in (European Union, China, Brazil investors should be targeted)
Property valuations on the rise Point of Entry/Customs/Immigration (POE) (on-
track to attain POE by Q4 2015)
Threats Competition of other keys areas developing Key West (as always) Economy weakening again (price of gas/oil,
international economies & currencies) Consumer faith in economy (resulting from
economy)