99490 Overseas Highway

    Key Largo, FL 33037
    • $13,900,000
    • STATUS: Active
    • ON SITE: 109 days
    • MLS #: 579966
    UPDATED: 57 min ago
    $13,900,000
    • 56
      BEDS
    • 2.41
      ACRES
    • 60
      BATHS
    • 0
      1/2 BATHS
    • 22,502
      SQFT
    • $618
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2000
    County:

    School Ratings & Info

    Description

    Florida Keys Bayfront 56 unit hotel featuring magnificent sunsets, a sandy beach, pool, fitness center, and dockage and jettys. The resort is of CBS and twin ''T'' construction with tin roofs, accordian shutters, elevator and fire hydrants on each floor. There is a Sushi Thai leased mo. to mo. for $3,952. Centrally located in Key Largo, the dive capital of the world. Walking distance to numerous restaurants & Tiki bars as well as fishing charter/dive boats going to John Pennekamp Coral Reef State Park. Possible expansion of 54 hotel units to 54 one bedroom suites subject to Monroe County approval. All prospects must sign and strictly respect the confidentiality/non-disclosure agreement. Site visits will only be allowed upon buyer qualification and require the listing agent's presence.The concrete construction, X flood zone, and solid rock foundation stood strong during last years hurricane Irma. The motel stayed open continually housing FEMA employees and many residents.

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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/83107143

    99490 Overseas Highway Key Largo, FL 33037

    • Price: $13,900,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 579966
    56
    Beds
    60
    Baths
    0
    ½ Baths
    2.41
    Acres
    22,502
    SQFT
    $618
    $/SQFT
    2000
    Built
    Neighborhood:
    Sunset Cove (99.5)
    County:
    Monroe
    Area:
    27 - Key Largo Mm 97-107
    Property Description
    Florida Keys Bayfront 56 unit hotel featuring magnificent sunsets, a sandy beach, pool, fitness center, and dockage and jettys. The resort is of CBS and twin ''T'' construction with tin roofs, accordian shutters, elevator and fire hydrants on each floor. There is a Sushi Thai leased mo. to mo. for $3,952. Centrally located in Key Largo, the dive capital of the world. Walking distance to numerous restaurants & Tiki bars as well as fishing charter/dive boats going to John Pennekamp Coral Reef State Park. Possible expansion of 54 hotel units to 54 one bedroom suites subject to Monroe County approval. All prospects must sign and strictly respect the confidentiality/non-disclosure agreement. Site visits will only be allowed upon buyer qualification and require the listing agent's presence.The concrete construction, X flood zone, and solid rock foundation stood strong during last years hurricane Irma. The motel stayed open continually housing FEMA employees and many residents.
    Exterior Features

    Construction Cbs Dockage Dock Concrete Dockage Seawall Concrete Land Size 2 Less Than 5 Acres Miscellaneous ElevatorFencingHandicap AccessHigh Traffc LocationHigh VisibilityHighway FrontageLobbyOpen Water ViewPoolSecurity System Off Street Parking Yes Roof Tin Roof Shutters Accordion Side Bay/Gulf Style Commercial Vehicle Storage Off Street Parking Waterfront Bay Front Waterfront YN Yes Waterview Bay/Gulf View

    Interior Features

    Appliances RangeRefrigerator Cooling Heating Central A/CCombination A/C Floor Concrete Interior Features Furnished Net Leasable Area 2000.00

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Bayside Resort City Key Largo Commercial Type Hotel/MotelRestaurant Control Depth 4 Deed Restrictions No Electric 220 Volt Fee Includes None Flood Zone XAeVeVe License Info 2-Cop (Beer & Wine) Listing Board Florida Keys Mile Marker 99.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Beverage LicenseBoat Slip LeaseTransient License Property Type Commercial Recorded Plat Yes Sq Ft Source Tax Records Tax Year 2017 Taxes 46276.26 Terms Buyer Obtain FinanceNo Seller Finance Title Title Ins - Buyer Total Units 0.00 Utilities Community Swr PlantFkaa Year Established 2001-01-01 Zoning Sc - Sub Urban Commercial District

    Listing courtesy of Bud Cornell of Cornell Commercial Real Estate, Inc..


    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