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97340-360 Overseas Highway

Key Largo, FL 33037
  • $29,800,000
  • STATUS: Active
  • ON SITE: 301 Days
  • MLS #: 608573
UPDATED: 55 min ago
$29,800,000
  • 70
    BEDS
  • 2.57
    ACRES
  • 72
    BATHS
  • 2
    1/2 BATHS
  • 46,426
    SQFT
  • $642
    $/SQFT
Type:
Commercial
Built:
1994
County:

School Ratings & Info

Description

Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. and Sub Resorts Two LLC 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 5COP 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, two common areas with kitchens, offering stunning sunset views, dockage, an inviting swimming pool and so much more.Seize the opportunity to own both hospitalities 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 and is 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.Contact me to explore the endless possibilities that await in this unique investment opportunity!See MLS#608789 and #610935 for each hospitality sold separately.

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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/147301339
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97340-360 Overseas Highway Key Largo, FL 33037

  • Price: $29,800,000
  • Status: Active
  • On Site: 301 Days
  • Updated: 55 min ago
  • MLS #: 608573
70
Beds
72
Baths
2
½ Baths
2.57
Acres
46,426
SQFT
$642
$/SQFT
1994
Built
Neighborhood:
Mandalay Key Amt Plat (98.0)
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. and Sub Resorts Two LLC 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 5COP 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, two common areas with kitchens, offering stunning sunset views, dockage, an inviting swimming pool and so much more.Seize the opportunity to own both hospitalities 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 and is 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.Contact me to explore the endless possibilities that await in this unique investment opportunity!See MLS#608789 and #610935 for each hospitality sold separately.
Exterior Features

Construction CBSConcrete Dockage None Dockage Dock Wood Land Size 2 Less Than 5 Acres Lot Size 0 Miscellaneous LobbyPoolOpen Water ViewHighway FrontageHigh VisibilityHigh Traffc Location Side Bay/Gulf Style Commercial Vehicle Storage Common ParkingGuest Parking Waterfront Bay FrontNoneOpen Water Waterfront YN Yes Waterview Open Water ViewBay/Gulf ViewNo Waterview

Interior Features

Appliances RefrigeratorDryerWasherRange 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 4 Fee Includes None Flood Zone AE0.2 PCT ANNUAL CH Legal AMD PLAT OF MANDALAY PB2-25 KEY LARGO PORTION TRACT 3-B (NE) OR577-629 OR573-479 OR784-749 OR784-750 OR808-339 OR903-10 License Info 5-Cop (Transferable) Listing Board Florida Keys Mile Marker 98.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Sq Ft Source Tax Records Tax Year 2023 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 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