97684 Overseas Hwy, Key Largo, FL 33037

$1,000,000

Property Type: Commercial Bedrooms: 18 Baths: 18 Square Footage: 6,339 Lot Size (sq. ft.): 46,174 Status: Closed

Current Price: $1,000,000 List Date: 12/19/2012 Last Modified: 9/10/2024

Description

BEST PRICED WATERFRONT MOTEL IN THE FLORIDA KEYS This one acre small bayfront motel has a 100' sandy beach, ramp and dock. Licensed for 15 units but currently renting 18 units. The resort was purchased for $2,725,000 and currently has a $2,500,000 first mortgage. Current Environmental Phase 1 survey and appraisal of $1,050,000 are available.

More Information MLS# 554084

Contract Information

Listing Board: Florida Keys Range Pricing: No Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: Yes Bank Owned: No Current Price: $1,000,000 Listing Date: 2011-01-21 Sold Price: $1,000,000

Location, Tax & Legal

City: KEY LARGO Off Shore Island: No Mile Marker: 97 Side: Bay/Gulf Alternate Key #: 1104884 Parcel #: 00091010-000000 Zoning: MU - Mixed Use Commercial Mixed Use Legal: 6 62 39 ISLAND OF KEY LARGO PT LOT 10 OR10-165 OR658-35 OR736-621 OR833-592 OR888-749 OR1087-1743 OR1284-646 OR1877-2447 Taxes: 8277.14 Tax Year: 2010 Street #: 97684 Street Name: Overseas Hwy Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Misc Sub MM 97-107 (98.0) County: Monroe Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 4 Lot Size: 100 x 400 Lot SqFt: 46174 Business Name: Seafarer Resort Off Street Parking: yes # Stories: 1 Building Ht. Ft.: 15 SqFt Source: Seller Total # Buildings: 8 Building SqFt: 6049 Style: Commercial Living Apx SqFt: 6339 Year Built: 1953 Total Bedrooms: 18 Full Baths: 18 Total Baths: 18

Remarks & Misc

Remarks – Consumer: BEST PRICED WATERFRONT MOTEL IN THE FLORIDA KEYS This one acre small bayfront motel has a 100' sandy beach, ramp and dock. Licensed for 15 units but currently renting 18 units. The resort was purchased for $2,725,000 and currently has a $2,500,000 first mortgage. Current Environmental Phase 1 survey and appraisal of $1,050,000 are available. Directions: Located bayside across from Ballyhoos Restaurant, Mariners Club and Mandalay Marina Bar and Grill. One hour south of Miami. 4 Miles south of John Pennekamp Coral Reef State Park.

Status Change Info

Sold Comments: SHORT SALE Sold Date: 2012-12-14 Sold Price: $1,000,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No

License Info

# of County License: 3

Type

Hotel/Motel: 1 Other Services: 1

Fee Includes

None: 1

Misc Property Info

Recorded Plat: Yes

Dockage

Boat Ramp: 1

Accounts & Meters

# Water Meters: 1 # Electric Meters: 3

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Property Info

# Washers: 3 # Dryers: 3 License Included: 1

Cooling

Wall/Window Unit(s): 1

Waterfront

Bay Front: 1

Electric

Circuit Breakers: 1 Three Phase: 1

Waterview

Bay/Gulf View: 1

Floor

Combo: 1 Tile: 1

Interior Features

Furnished: 1

Windows/Doors

Aluminum Windows: 1

Vehicle Storage

Off Street Parking: 1

Construction

CBS: 1 Combo Construction: 1

Land Size

1 Less Than 2 Acres: 1

Terms

Assumable-Qualify: 1 Other Financing: 1

Utilities

FKAA: 1 Septic Tank: 1

Title

Title Ins - Buyer: 1

Miscellaneous

Chickee Hut: 1 Fencing: 1 Highway Frontage: 1 Hot Tub: 1 Open Water View: 1 Patio: 1

Roof

Tar/Gravel Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: Yes

Property Features

Property Info: License Included Type: Hotel/Motel; Other Services Waterfront: Bay Front Waterview: Bay/Gulf View Dockage: Boat Ramp Vehicle Storage: Off Street Parking Cooling: Wall/Window Unit(s) Utilities: FKAA; Septic Tank Interior Features: Furnished Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Miscellaneous: Chickee Hut; Fencing; Highway Frontage; Hot Tub; Open Water View; Patio Construction: CBS; Combo Construction Electric: Circuit Breakers; Three Phase Floor: Combo; Tile Roof: Tar/Gravel Roof Land Size: 1 Less Than 2 Acres Fee Includes: None Terms: Assumable-Qualify; Other Financing Title: Title Ins - Buyer

Listing Office: Freewheeler Realty, Inc.

Last Updated: September - 10 - 2024

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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