95320 Overseas Highway, Key Largo, FL 33037

$3,500,000

Property Type: Commercial Sale Bedrooms: 23 Baths: 22.1 Square Footage: 8,887 Lot Size (sq. ft.): 68,825 Status: Closed

Current Price: $3,500,000 List Date: 11/04/2016 Last Modified: 3/10/2025

Overview

Description

Stoneledge Paradise Inn represents true ''Old Florida Keys Charm''. This active, bay-front, 21 unit Motel, has a direct water-front, 3 bedroom/2 bath unit with outside patio area. At 1.53 acres, the property has a developed beach front area with steps leading into the designated swimming area, boat ramp, 110 ft dock with 50 ft T-head, Kayak storage/launch, sanctuary (meditation area), plenty of

Supplements: parking, trailer storage area, property manager work shed, manager's apartment, room for a pool, barbecue areas, 2 covered picnic areas, and much more. The 2 over-water huts provide a great place to relax and watch the sunset year round. With the highest ADRs (Average Daily Rates) in the State of Florida, this charming Keys commercial property is a ... (Read more)

Listing Details MLS# 572614

Location, Tax & Legal

Street #: 95320
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Southcliff Ests (95.0)
County: Monroe
Area: 26 - Key Largo S of MM 96.9
City: KEY LARGO
Off Shore Island: No
Mile Marker: 95
Side: Bay/Gulf
Flood Zone: AE,AE,VE,AE,AE
Alternate Key #: 1100498
Parcel #: 00088640-000000
Zoning: SC - Sub Urban Commercial District
Legal: 13 62 38 ISLAND OF KEY LARGO PART OF GOV LOT 2 & PART TR 4 SOUTHCLIFF ESTS PB2-45 OR533-81 OR780-744D/C (RE 483330 COMBI
Taxes: 12546.45
Tax Year: 2015

Contract Information

Listing Board: Florida Keys
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 68825
Waterfront: Yes
Control Depth: 3
Business Name: Stone Ledge Paradise
# Stories: Yes
Building SqFt: 8887
SqFt Source: Tax Records
Living Apx SqFt: 8887
Year Built: 1956
Total Bedrooms: 23
Full Baths: 22
Half Baths: Yes
Total Baths: 22.1
Total Units: 0

Status Change Info

Under Contract Date: 2017-01-02
Sold Date: 2017-02-02

License Info

# of Transient Licns: 20

Association Info

Mandatory Home Owners Asc: No

More Information

Dockage

Dock: Wood
Dock Length: 100
Boat Ramp: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Stoneledge Paradise Inn represents true ''Old Florida Keys Charm''. This active, bay-front, 21 unit Motel, has a direct water-front, 3 bedroom/2 bath unit with outside patio area. At 1.53 acres, the property has a developed beach front area with steps leading into the designated swimming area, boat ramp, 110 ft dock with 50 ft T-head, Kayak storage/launch, sanctuary (meditation area), plenty of
Directions: mm95, bay-side

Deed Restrictions

Unknown: Yes

Type

Hotel/Motel: Yes

Fee Includes

None: Yes

Appliances

Range: Yes
Refrigerator: Yes

Cooling

Heat Pump: Yes

Waterfront

Bay Front: Yes

Waterview

Bay/Gulf View: Yes
Open Water View: Yes

Vehicle Storage

Common Parking: Yes
Trailer Storage: Yes

Construction

CBS: Yes
Combo Construction: Yes

Land Size

1 Less Than 2 Acres: Yes

Terms

Buyer Obtain Finance: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes

Title

Title Ins - Buyer: Yes

Property Rights

Tranfrble Dev Right: Yes

Miscellaneous

Chickee Hut: Yes
Fencing: Yes
Handicap Access: Yes
High Traffc Location: Yes
High Visibility: Yes
Highway Frontage: Yes
Open Water View: Yes
Residence on Premise: Yes
Shuffleboard Court: Yes
Utility Building: Yes

Property Features

Deed Restrictions: Unknown Type: Hotel/Motel Waterfront: Bay Front Waterview: Bay/Gulf View; Open Water View Dockage: Boat Ramp Vehicle Storage: Common Parking; Trailer Storage Cooling: Heat Pump Utilities: Buyer to Verify; FKAA Appliances: Range; Refrigerator Miscellaneous: Chickee Hut; Fencing; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Open Water View; Residence on Premise; Shuffleboard Court; Utility Building Construction: CBS; Combo Construction Land Size: 1 Less Than 2 Acres Fee Includes: None Terms: Buyer Obtain Finance Title: Title Ins - Buyer Property Rights: Tranfrble Dev Right

Listing Office: The Firm Realty Group

Last Updated: March - 10 - 2025

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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