Skip To Content

99202 Overseas Highway

Key Largo, FL 33037
  • $16,000,000
  • STATUS: Active
  • ON SITE: 99 Days
  • MLS #: 608789
$16,000,000
  • 50
    BEDS
  • 0.8
    ACRES
  • 50
    BATHS
  • 0
    1/2 BATHS
  • 26,342
    SQFT
  • $607
    $/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 5COPS 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. Contact me to explore the endless possibilities that await in this unique investment opportunity!The owner-managed properties ensure cohesive and efficient operations. You can find more in-depth information upon execution of a signed Confidentiality Agreement. Contact me to explore the endless possibilities that await in this unique investment opportunity!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.

Monthly Payment Calculator



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
Print Image

99202 Overseas Highway Key Largo, FL 33037

  • Price: $16,000,000
  • Status: Active
  • On Site: 99 Days
  • MLS #: 608789
50
Beds
50
Baths
0
½ Baths
0.8
Acres
26,342
SQFT
$607
$/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 5COPS 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. Contact me to explore the endless possibilities that await in this unique investment opportunity!The owner-managed properties ensure cohesive and efficient operations. You can find more in-depth information upon execution of a signed Confidentiality Agreement. Contact me to explore the endless possibilities that await in this unique investment opportunity!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.
Exterior Features

Construction CBSConcrete Dockage None Land Size 1/2 - Less Than 1 AC Lot Size 0 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 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 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 KeyIsle Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_608789-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_608789-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_608789-2.jpg
Logo
KeyIsle Realty
30971 Avenue A Suite A
Big Pine Key FL, 33043