Unique Hotel-Zoned Florida Keys Site Hits Market

MIAMI—A rare oceanfront development site in the Florida Keys is up for grabs. CBRE is marketing Knights Key RV Resort & Marina, a 24-acre oceanfront redevelopment opportunity at 1 Knights Key Blvd. in Marathon, FL.

Knights Key is entitled for development of 199 transient resort units, 48 marina slips and 5,700-square-feet of commercial real estate space. Developers could choose to build a hotel, hotel-condominium, or fractional-ownership units. Lisa Zaranek, a senior associate at CBRE Hotels, says the “magnitude and density” and the location the Florida Keys makes the opportunity “very rare.”