92530 Overseas Highway

    Key Largo, FL 33070
    • $5,200,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 581498
    UPDATED: 7 min ago
    $5,200,000
    • 10
      BEDS
    • 1.01
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Incredible opportunity to own one of the 25 Best Small Hotels in the USA according to Trip Advisor for 2012-2017. The property is located in Tavernier FL in the Florida Keys! The 10 unit hotel has had 18 years of successful operation by current owner. This is a ''turn key'' property with great cash flow to ensure a smooth transition with no closing of business. Best of all there are many opportunities for additional revenue making this an ideal purchase. Great pluses for purchase 10 units plus manager's quarters provides for ease of operation with small staff (5) needed, alleviating the problem of staff support. This hotel has received many awards most notably The 25 Most Romantic Hotels in the USA from 2012 -2017 and the #1 booking hotel in Key Largo (Trip Advisor, Booking.com)The attention to detail is seen throughout. The property is meticulously groomed, exceptionally clean with a private swimming beach, boat dockage and boat lift. Every room is decorated with a Keys motif, your own unique piece of paradise. New hotel management software, updated website with online booking, High definition cameras throughout property, Sonos music system throughout rooms, automated sprinklersand lighting, instant hot water system for all rooms. The location is perfect at mm 92.5 on the bayside right between Key Largo "The Diving Capital of the World" and Islamorada "The Sport Fishing Capital of the World" Showings are "By Appointment Only" and Proof of Funds for purchase are required.

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.dougmayberry.com/homes/86583528

    92530 Overseas Highway Key Largo, FL 33070

    • Price: $5,200,000
    • Status: Active
    • Updated: 7 min ago
    • MLS #: 581498
    10
    Beds
    10
    Baths
    0
    ½ Baths
    1.01
    Acres
    1955
    Built
    Neighborhood:
    Unplatted Lower K.L. (92.0)
    County:
    Monroe
    Area:
    26 - Key Largo S Of Mm 96.9
    Property Description
    Incredible opportunity to own one of the 25 Best Small Hotels in the USA according to Trip Advisor for 2012-2017. The property is located in Tavernier FL in the Florida Keys! The 10 unit hotel has had 18 years of successful operation by current owner. This is a ''turn key'' property with great cash flow to ensure a smooth transition with no closing of business. Best of all there are many opportunities for additional revenue making this an ideal purchase. Great pluses for purchase 10 units plus manager's quarters provides for ease of operation with small staff (5) needed, alleviating the problem of staff support. This hotel has received many awards most notably The 25 Most Romantic Hotels in the USA from 2012 -2017 and the #1 booking hotel in Key Largo (Trip Advisor, Booking.com)The attention to detail is seen throughout. The property is meticulously groomed, exceptionally clean with a private swimming beach, boat dockage and boat lift. Every room is decorated with a Keys motif, your own unique piece of paradise. New hotel management software, updated website with online booking, High definition cameras throughout property, Sonos music system throughout rooms, automated sprinklersand lighting, instant hot water system for all rooms. The location is perfect at mm 92.5 on the bayside right between Key Largo "The Diving Capital of the World" and Islamorada "The Sport Fishing Capital of the World" Showings are "By Appointment Only" and Proof of Funds for purchase are required.
    Exterior Features

    Construction CbsOther Construction Dockage Boat LiftDock Privileges Dockage Dock Other Land Size 1 Less Than 2 Acres Miscellaneous Chickee HutHandicap AccessHighway FrontageHot TubLobbyOpen Water ViewOther MiscellaneousPatioResidence On PremiseSprinkler SystemUtility Building Parking Spaces 12 Roof Metal Roof Shutters AccordionPanel Side Bay/Gulf Style Commercial Vehicle Storage Common ParkingOff Street Parking Waterfront Bay Front Waterfront YN Yes Waterview Bay/Gulf View

    Interior Features

    Appliances Refrigerator Appliances Other MicrowaveStove Top Cooling Heating Ceiling FansCombination A/C Floor Tile Floor Interior Features Drapes/Blinds InclFurnished Kitchens 10 Refrigerators 10 Washers 3

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Tavernier Commercial Type Hotel/Motel Control Depth 3 Deed Restrictions Unknown Efficiencies 6 Electric Circuit Breakers Electric Meters 2 Fee Includes None Flood Zone AeAeVe License Info Other/See Remarks Listing Board Florida Keys Mile Marker 92.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transient License Property Type Commercial Recorded Plat Yes Tax Year 2017 Taxes 21781.29 Terms Buyer Obtain FinanceNo Seller Finance Title Title Ins - Buyer Total Units 10.00 Utilities Buyer To VerifyFkaaMunicipal SewerPropane Gas Water Meters 2 Year Established 2000-12-18 Zoning Sc - Sub Urban Commercial District

    Listing courtesy of Susan K Recarey of American Caribbean Real Estate - Key Largo.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Doug Mayberry Real Estate
    1075 Duval Street, Suite C23
    Key West FL, 33040