• Mermaid Cove Marina - 15596 State Road 156, Florence, IN 47020

For Sale

Special Purpose

For Sale

This property is available for sale
1.3
Acres
$1,300,000
Sale Price
  • Year Built
    1991
  • Total Building Size
    2,116 RSF
  • Overview

    Marina located on the Ohio River The Mermaid Cove Marina and Airbnb investment property. Personal home, 7 Airbnb units of which 4 are houseboats, 1 sailboat, 1 tiny house and a 23' camper with attached covered deck. 2 bedroom 1 full bath 2 story home with a crows nest on top. Each Airbnb unit is fully appointed with furniture, extra bedding, cooking and eating utensils. Marina and Airbnb operate from April 1 through late October with potential to operate later in the season. 10 plus dock spaces with water and electric to 6 of them. Additional spaces could be added with dredging along the front side of dock. Airbnb records available showing each unit heavily booked all season. 2 boats are currently docked and are charged by the foot for each boat. Additional income potential through dock storage fees is possible. The home on the property is very well appointed with much character. Updated bath on first floor in 2021, deck rebuilt 2021.

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Property Details

Marina located on the Ohio River The Mermaid Cove Marina and Airbnb investment property. Personal home, 7 Airbnb units of which 4 are houseboats, 1 sailboat, 1 tiny house and a 23' camper with attached covered deck. 2 bedroom 1 full bath 2 story home with a crows nest on top. Each Airbnb unit is fully appointed with furniture, extra bedding, cooking and eating utensils. Marina and Airbnb operate from April 1 through late October with potential to operate later in the season. 10 plus dock spaces with water and electric to 6 of them. Additional spaces could be added with dredging along the front side of dock. Airbnb records available showing each unit heavily booked all season. 2 boats are currently docked and are charged by the foot for each boat. Additional income potential through dock storage fees is possible. The home on the property is very well appointed with much character. Updated bath on first floor in 2021, deck rebuilt 2021.

  • Property Type
    Special Purpose
  • Year Built
    1991
  • Sale Price
    $1,300,000
  • Total Building Size
    2,116RSF
  • Total Acres
    1.3
  • Sale Status
    Available
  • Property ID
    2205656

Landlord's Sales Representative

  • T.J. Schutte Jr
    Tru Agent Real Estate