92530 Overseas Highway

Key Largo, FL 33070
  • $4,500,000
  • STATUS: Active
  • ON SITE: 374 days
  • MLS #: 581498
UPDATED: 54 min ago
$4,500,000
  • 10
    BEDS
  • 1.01
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Description

Incredible opportunity to own one of the 25 Best Small Hotels in the USA according to Trip Advisor for 2012-2017. The property is located in much desired Florida Keys! The 10 unit hotel has had 18 years of successful operation by current owner. This is a ''turn key'' property with great cash flow to ensure a smooth transition with no closing of business. Best of all there are many opportunities for additional revenue making this an ideal purchase. Great pluses for purchase 10 units plus manager's quarters provides for ease of operation with small staff (5) needed, alleviating the problem of staff support. This hotel has received many awards most notably The 25 Most Romantic Hotels in the USA from 2012 -2017 and the #1 booking hotel in Key Largo (Trip Advisor, Booking.com) Watch video!The attention to detail is seen throughout. The property is meticulously groomed, exceptionally clean with a private swimming beach, boat dockage and boat lift. Every room is decorated with a Keys motif, your own unique piece of paradise. New hotel management software, updated website with online booking, High definition cameras throughout property, Sonos music system throughout rooms, automated sprinklersand lighting, instant hot water system for all rooms. The location is perfect at mm 92.5 on the bayside right between Key Largo "The Diving Capital of the World" and Islamorada "The Sport Fishing Capital of the World" Showings are "By Appointment Only" and Proof of Funds for purchase are required.

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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 Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.islandhomeskeywest.com/homes/86583528

92530 Overseas Highway Key Largo, FL 33070

  • Price: $4,500,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: 581498
10
Beds
10
Baths
0
½ Baths
1.01
Acres
1955
Built
Neighborhood:
Unplatted Lower K.L. (92.0)
County:
Monroe
Area:
26 - Key Largo S Of Mm 96.9
Property Description
Incredible opportunity to own one of the 25 Best Small Hotels in the USA according to Trip Advisor for 2012-2017. The property is located in much desired Florida Keys! The 10 unit hotel has had 18 years of successful operation by current owner. This is a ''turn key'' property with great cash flow to ensure a smooth transition with no closing of business. Best of all there are many opportunities for additional revenue making this an ideal purchase. Great pluses for purchase 10 units plus manager's quarters provides for ease of operation with small staff (5) needed, alleviating the problem of staff support. This hotel has received many awards most notably The 25 Most Romantic Hotels in the USA from 2012 -2017 and the #1 booking hotel in Key Largo (Trip Advisor, Booking.com) Watch video!The attention to detail is seen throughout. The property is meticulously groomed, exceptionally clean with a private swimming beach, boat dockage and boat lift. Every room is decorated with a Keys motif, your own unique piece of paradise. New hotel management software, updated website with online booking, High definition cameras throughout property, Sonos music system throughout rooms, automated sprinklersand lighting, instant hot water system for all rooms. The location is perfect at mm 92.5 on the bayside right between Key Largo "The Diving Capital of the World" and Islamorada "The Sport Fishing Capital of the World" Showings are "By Appointment Only" and Proof of Funds for purchase are required.
Exterior Features

Construction CbsOther Construction Dockage Boat LiftDock Privileges Dockage Dock Other Land Size 1 Less Than 2 Acres Miscellaneous Chickee HutHandicap AccessHighway FrontageHot TubLobbyOpen Water ViewOther MiscellaneousPatioResidence On PremiseSprinkler SystemUtility Building Parking Spaces 12 Roof Metal Roof Shutters AccordionPanel Side Bay/Gulf Style Commercial Vehicle Storage Common ParkingOff Street Parking Waterfront Bay Front Waterfront YN Yes Waterview Bay/Gulf View

Interior Features

Appliances Refrigerator Appliances Other MicrowaveStove Top Cooling Heating Ceiling FansCombination A/C Floor Tile Floor Interior Features Drapes/Blinds InclFurnished Kitchens 10 Refrigerators 10 Washers 3

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Tavernier Commercial Type Hotel/Motel Control Depth 3 Deed Restrictions Unknown Efficiencies 6 Electric Circuit Breakers Electric Meters 2 Fee Includes None Flood Zone AeAeVe License Info Other/See Remarks Listing Board Florida Keys Mile Marker 92.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transient License Property Type Commercial Recorded Plat Yes Tax Year 2017 Taxes 21781.29 Terms Buyer Obtain FinanceNo Seller Finance Title Title Ins - Buyer Total Units 10.00 Utilities Buyer To VerifyFkaaMunicipal SewerPropane Gas Water Meters 2 Year Established 2000-12-18 Zoning Sc - Sub Urban Commercial District

Listing courtesy of Susan K Recarey of American Caribbean Real Estate - Key Largo.


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 Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty
336 Duval Street
Key West FL, 33040