98480 Overseas Highway 1-9, Key Largo, FL 33037

$850,000

Property Type: Commercial Bedrooms: 9 Baths: 9 Square Footage: 4,738 Lot Size (sq. ft.): 11,281 Status: Closed

Current Price: $850,000 List Date: 2/20/2015 Last Modified: 9/10/2024

Description

INVESTORS ALERT! RESIDENTIAL INCOME. Seller Financing may be possible Commercial property, 9 apartments , 8 leased plus a managers apartment. 3-1 bedroom & 6 efficiencies, on-site laundry facilities, close to central Key Largo w/shops, restaurants, hotels and tourist attractions. Urban Commercial(UC) zoning allows for many uses of this property, see Documents tab for muni code info. 1 hr to MIA.

Supplements: SEE DOCUMENTS TAB FOR APARTMENT DESCRIPTIONS AND RENTS

More Information MLS# 566757

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Species List: No Current Price: $850,000 Listing Date: 2015-02-20 Sold Price: $850,000

Location, Tax & Legal

Unit #: 1-9 City: KEY LARGO Off Shore Island: No Mile Marker: 98.5 Side: Bay/Gulf Flood Zone: X Alternate Key #: 1609226 Parcel #: 00493060-000000 Zoning: UC - Urban Commercial District Legal: BK 1 LTS 6 & 7 PIRATES COVE-KEY LARGO PB3-18 OR421-577 OR477-751-752 OR488-724 CASE NO 80-130-CP-23 OR821-275Q/C OR821-2 Taxes: 10036.32 Tax Year: 2013 Street #: 98480 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Pirates Cove (Key Largo) (98.5) County: Monroe Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot SqFt: 11281 Total Units: 9 # Stories: 2 Building Ht. Ft.: 1 SqFt Source: Property Data Card Building SqFt: 4738 Style: Residential Income Living Apx SqFt: 4738 Year Built: 1972 Total Bedrooms: 9 Full Baths: 9 Total Baths: 9

Remarks & Misc

Remarks – Consumer: INVESTORS ALERT! RESIDENTIAL INCOME. Seller Financing may be possible Commercial property, 9 apartments , 8 leased plus a managers apartment. 3-1 bedroom & 6 efficiencies, on-site laundry facilities, close to central Key Largo w/shops, restaurants, hotels and tourist attractions. Urban Commercial(UC) zoning allows for many uses of this property, see Documents tab for muni code info. 1 hr to MIA. Directions: US-1 to mile marker 98.5 , Bay Side . There is a back entry from Tortuga Drive, west and parallel to US-1.

Association Info

Mandatory Home Owners Asc: No

Type

Apartment 3 or more: 1 Other Comrcl Style: 1 Retail: 1 Other Services: 1

Fee Includes

None: 1

Dockage

Other Dockage: 1

Appliances

Range: 1 Refrigerator: 1

Property Info

# Kitchens: 9 # Efficiencies: 6 # Refrigerators: 9 # Range/Ovens: 9 # Washers: 1 # Dryers: 1 1 Bed/Bath: 3

Cooling

Wall/Window Unit(s): 1

Waterfront

None: 1

Electric

220 Volt: 1

Waterview

No Waterview: 1

Vehicle Storage

Guest Parking: 1 Assigned Parking: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Terms

Seller Finance Psble: 1

Utilities

FKAA: 1 Separate Meters: 1

Miscellaneous

High Visibility: 1 Highway Frontage: 1 Residence on Premise: 1

Roof

Concrete Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Electric: 1 Water: 1

Status Change Info

Sold Date: 2015-10-22 Sold Price: $850,000 Status: Closed

Property Features

Type: Apartment 3 or more; Other Comrcl Style; Retail; Other Services Waterfront: None Waterview: No Waterview Dockage: Other Dockage Vehicle Storage: Assigned Parking; Guest Parking Cooling: Wall/Window Unit(s) Utilities: FKAA; Separate Meters Appliances: Range; Refrigerator Miscellaneous: High Visibility; Highway Frontage; Residence on Premise Construction: CBS Electric: 220 Volt Roof: Concrete Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Seller Finance Psble Tenant Paid: Electric; Water

Documents

Municiple Code -Urban Commercial ›

Apartment Description and Rents ›

Listing Office: Coldwell Banker Schmitt Key Largo

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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