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99202 Overseas Highway

Key Largo, FL 33037
  • $30,000,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 608932
$30,000,000
  • 70
    BEDS
  • 2.57
    ACRES
  • 72
    BATHS
  • 2
    1/2 BATHS
  • 46,426
    SQFT
  • $646
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. proudly presents a diverse portfolio of prime commercial properties, strategically located in highly coveted areas. This exclusive offering combines a luxurious bayfront resort and a hotel with potential for TRE conversion, promising an exceptional return on investment. Key Largo Inn - A 50-key, 62-room hotel boasts a 5COPS full liquor license. Perfectly situated for a developer's dream conversion to sell 50 Transferable ROGO Exemption (TREs). Bahia Bay Resort - Over 2 acres of exclusive bayfront paradise features 20 vacation rental rooms offering stunning sunset views, dockage, an inviting swimming pool and so much more. Seize the opportunity to own the entire portfolio and diversify your investment. The owner-managed properties ensure cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement. There is nothing comparable that is offered in all of the Florida Keys! This offering is unparalleled and promises substantial returns in one of the most sought-after destinations. Unlock the potential of these prime properties by converting them into a rehabilitative haven or assisted living facility. With their inviting ambiance these properties offer an ideal canvas for a nurturing environment. See MLS#608560 for a diverse portfolio of prime commercial properties offered.

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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 MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.saltwaterkeys.com/homes/148070199
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99202 Overseas Highway Key Largo, FL 33037

  • Price: $30,000,000
  • Status: Active
  • On Site: 53 Days
  • MLS #: 608932
70
Beds
72
Baths
2
½ Baths
2.57
Acres
46,426
SQFT
$646
$/SQFT
1953
Built
Neighborhood:
Sunset Cove (99.5)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. proudly presents a diverse portfolio of prime commercial properties, strategically located in highly coveted areas. This exclusive offering combines a luxurious bayfront resort and a hotel with potential for TRE conversion, promising an exceptional return on investment. Key Largo Inn - A 50-key, 62-room hotel boasts a 5COPS full liquor license. Perfectly situated for a developer's dream conversion to sell 50 Transferable ROGO Exemption (TREs). Bahia Bay Resort - Over 2 acres of exclusive bayfront paradise features 20 vacation rental rooms offering stunning sunset views, dockage, an inviting swimming pool and so much more. Seize the opportunity to own the entire portfolio and diversify your investment. The owner-managed properties ensure cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement. There is nothing comparable that is offered in all of the Florida Keys! This offering is unparalleled and promises substantial returns in one of the most sought-after destinations. Unlock the potential of these prime properties by converting them into a rehabilitative haven or assisted living facility. With their inviting ambiance these properties offer an ideal canvas for a nurturing environment. See MLS#608560 for a diverse portfolio of prime commercial properties offered.
Exterior Features

Construction CBSConcrete Dockage None Land Size 2 Less Than 5 Acres Lot Size 111775 Miscellaneous High Traffc LocationPoolLobbyHighway FrontageHigh Visibility Side Ocean Style Commercial Vehicle Storage Common ParkingGuest Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DryerWasherRefrigeratorRange Appliances Other more appliances Net Leasable Area 46426.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY LARGO Commercial Type Hotel/Motel Control Depth 0 Fee Includes None Flood Zone X Legal LOTS 2 THROUGH 11 PB1-165 SUNSET COVE KEY LARGO OR567-901 OR648-629 OR665-63 OR650-156CT OR767-102 OR796-1221 OR847-135 License Info 5-Cop (Transferable) 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 LicenseTranfrble Dev Right Property Type Commercial Sq Ft Source Tax Records Tax Year 0 Taxes 0.00 Title Title Ins - Buyer Total Units 0.00 Utilities FKAA Zoning SC - Sub Urban Commercial District

Listing courtesy of Lisa Frins P.A. of Berkshire Hathaway HomeServices Keys Real Estate - Islamorada: (305) 664-4444.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Saltwater Real Estate Florida Keys Inc
3718 N Roosevelt Blvd
Key West FL, 33040