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101600 Overseas Highway

Key Largo, FL 33037
  • $20,000,000
  • STATUS: Active Under Contract
  • ON SITE: 786 Days
  • MLS #: 602462
Under Contract
UPDATED: 65 min ago
$20,000,000
  • 3
    BEDS
  • 6.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,717
    SQFT
  • $5,381
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Rarely available anywhere in the Florida Keys. Waterfront 103 Unit RV/ Mobile Home Park in Key Largo. 6.15 Acres Uplands Bayside with 29 wet boat slips. All but one RV/MH are tenant owned. County recognizes 53 Residential Dwelling Units (48 MH & 5 Attached), plus 50 Transient Residential Dwelling Units from 50 RV lots. 98 Units currently online. Priced at 3% cap rate with room to grow as is. URM Zoning allows possible commercial redevelopment incl. Vacation Rentals & Marinas or remain affordable & transfer entitlements. Baybottom lease with State of FL. Same family ownership since 1996

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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 KeyIsle Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyislerealty.com/homes/132945220
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101600 Overseas Highway Key Largo, FL 33037

  • Price: $20,000,000
  • Status: Active Under Contract
  • On Site: 786 Days
  • Updated: 65 min ago
  • MLS #: 602462
3
Beds
3
Baths
0
½ Baths
6.15
Acres
3,717
SQFT
$5,381
$/SQFT
1950
Built
Neighborhood:
Tarpon Acres (102.0)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
Rarely available anywhere in the Florida Keys. Waterfront 103 Unit RV/ Mobile Home Park in Key Largo. 6.15 Acres Uplands Bayside with 29 wet boat slips. All but one RV/MH are tenant owned. County recognizes 53 Residential Dwelling Units (48 MH & 5 Attached), plus 50 Transient Residential Dwelling Units from 50 RV lots. 98 Units currently online. Priced at 3% cap rate with room to grow as is. URM Zoning allows possible commercial redevelopment incl. Vacation Rentals & Marinas or remain affordable & transfer entitlements. Baybottom lease with State of FL. Same family ownership since 1996
Exterior Features

Boat Slips 29 Construction CBSManufactured Dockage Basin Dockage Dock Wood Dockage Seawall Concrete Land Size 5 Less Than 10 Acres Lot Size 6.15 AC Miscellaneous Chickee HutFencing Off Street Parking yes Parking Spaces ample Side Bay/Gulf Style Commercial Vehicle Storage Off Street Parking Waterfront Bay Front Waterfront YN Yes Waterview Bay/Gulf View

Interior Features

Appliances Other YES Net Leasable Area 3717.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Keys Ventures @ 101 City KEY LARGO Commercial Type Mobile Home Park Control Depth 5 Efficiencies 5 Fee Includes Other Flood Zone AEX0.2 PCT ANNUAL Legal TARPON ACRES-KEY LARGO PB2-109 PT LOT 11 AND ADJ PT OF OVERSEAS HWY OR484-744/745 OR608-538E OR624-350 OR673-741 OR699-4 Listing Board Key West Association Mile Marker 102.00 Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transient LicenseTransfer Bldg RightsOther/See Remarks Property Type Commercial Tax Year 2021 Taxes 65072.96 Tenant Paid WaterElectricCableSewer Terms Buyer Obtain Finance Title Negotiable Total Units 0.00 Utilities FKAAMunicipal Sewer Zoning URM - Urban Res Mobile Home District

Listing courtesy of Curtis Skomp, Ccim of RE/MAX Keys Connection (KW): (305) 296-1400.


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 KeyIsle Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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KeyIsle Realty
30971 Avenue A Suite A
Big Pine Key FL, 33043