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99202 Overseas Highway

Key Largo, FL 33037
  • $15,900,000
  • STATUS: Active
  • ON SITE: 205 Days
  • MLS #: 608789
UPDATED: 28 min ago
$15,900,000
  • 50
    BEDS
  • 0.8
    ACRES
  • 50
    BATHS
  • 0
    1/2 BATHS
  • 26,342
    SQFT
  • $604
    $/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 prime commercial property, strategically located in a highly coveted area. This exclusive offering combines 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).The owner-managed property ensures cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement.Unlock the potential of this prime property by converting it into a rehabilitative haven or assisted living facility. With its inviting ambiance this property offers an ideal canvas for a nurturing environment.Contact me to explore the endless possibilities that await in this unique investment opportunity!See MLS#608573 and MLS#608932 for both hospitalities combined.

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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/147710684
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99202 Overseas Highway Key Largo, FL 33037

  • Price: $15,900,000
  • Status: Active
  • On Site: 205 Days
  • Updated: 28 min ago
  • MLS #: 608789
50
Beds
50
Baths
0
½ Baths
0.8
Acres
26,342
SQFT
$604
$/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 prime commercial property, strategically located in a highly coveted area. This exclusive offering combines 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).The owner-managed property ensures cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement.Unlock the potential of this prime property by converting it into a rehabilitative haven or assisted living facility. With its inviting ambiance this property offers an ideal canvas for a nurturing environment.Contact me to explore the endless possibilities that await in this unique investment opportunity!See MLS#608573 and MLS#608932 for both hospitalities combined.
Exterior Features

Construction CBSConcrete Dockage None Land Size 1/2 - Less Than 1 AC Lot Size 0 Miscellaneous LobbyPoolHighway FrontageHigh VisibilityHigh Traffc Location Side Ocean Style Commercial Vehicle Storage Common ParkingGuest Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances Refrigerator Appliances Other more appliances Net Leasable Area 26342.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Key Largo Inn City KEY LARGO Commercial Type Hotel/Motel Control Depth 0 Fee Includes None Flood Zone X Legal LOTS 2 THROUGH 19 PB1-165 SUNSET COVE KEY LARGO OR567-901 OR648-629 OR665-63 OR650-156CT OR767-102 OR796-1221 OR847-13 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 Tranfrble Dev RightBeverage License 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 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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