March 05, 2008 07:00 PM Eastern Time 

Florida Real Estate Investment News: Marlin Bay Yacht Club Markets to Foreign Investors

MARATHON, Fla.--(BUSINESS WIRE)--International buyers looking for Florida investment property now have a luxury marina community as an option when looking for a Florida real estate investment. Marlin Bay Yacht Club, one of the Florida Keys real estate’s newest marina communities announced the launch of a sales and marketing campaign catering to the international investor looking to capitalize on the attractive foreign currency exchange rate. Luxury single-family homes in Marlin Bay Yacht Club’s private resort marina community are available starting at $1.6 million and will soon be ready for immediate occupancy.

For buyers looking for a Florida real estate investment as a vacation home in the United States, Marlin Bay Yacht Club offers a convenient location and turnkey luxury living. Located in Marathon, Florida, just a two-hour drive south of Miami International Airport, Marlin Bay Yacht Club includes 84 single-family residences and 99 deepwater boat slips. Just completing Phase One of the island community, including a model home, clubhouse, beach entry pool with pool pavilion, first 13 homes, 25 boat slips, dock master building, and sunset point observation tower, Marlin Bay Yacht Club is ready for occupancy this spring.

In a 2007 study of international buyers considering Florida investment property, the National Association of Realtors estimated that about 3 percent of all residential real estate transactions in the U.S. involved international investment property buyers from markets such as the United Kingdom, Europe and Canada. The study also concluded that Florida tops the list of U.S. states favored by international investors looking for Florida real estate investment properties.

“The favorable foreign currency exchange rate in addition to Marlin Bay Yacht Club’s attractive amenities has made Florida Key’s real estate investment properties popular among international buyers,” said Rutherford. “With Miami being an international hub and Florida ranking high in destination travel and foreign investor interest; Marlin Bay Yacht Club is a unique opportunity for investors interested in a luxury marina community that offers a virtually maintenance free lifestyle in an tropical island setting.”

About Marlin Bay Yacht Club

Situated on eight tropical acres in Marathon, FL, Marlin Bay Yacht Club is one of the Florida Keys real estate’s newest luxury waterfront marina community with three and four-bedroom single-family homes boasting up to 6,432 square feet of living space. The residences possess luxurious architectural detail, roof top terraces with panoramic views, two-car garages, private residence elevators, and designer amenities and finishes. For more information on Marlin Bay Yacht Club visit http://discovermarlinbay.com/international/index.html or call 877.878.2762.