$6,900,000

27340 Overseas Highway

Ramrod Key FL, 33042

Description

Unique opportunity to purchase an operating, money making Resort in the Lower Keys. Profitable return with Absentee Owner and Active Management. Appraised value completed March 2020 of $6.7 Million. Looe Key Reef Resort & Dive Center sits on 1.67 Acres & located Oceanside at Mile Marker 27.3. Includes 24 unit canalfront Hotel. CBS building two stories & 150 Seat Tiki Hut Restaurant & Bar with brand new Food Trailer Kitchen plus one of the most established Dive Shop's in the Keys. 3 Buildings total. Plus Two 5 COP Liquor licenses, 35' Custom Dive/ Snorkel boat. all dive shop rental gear, name, numbers, website & domain name LooeKeyReefResort.com. Ample customer parking. Two COM lots on Indies Dr. available for extra $175,000 each. Limited competition in the Lower Keys.

Details

MLS#593971
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1958
Days On Site18

Features

SQ Feet3,969
Story(s)2
ZoningSC - Sub Urban Commercial Distri

Market Activity 33042

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Area Information
StateFL
CountyMonroe
CityRamrod Key
Zip Code33042
AreaLower Keys
Listing VS Median (in 33042)
Price:
$6,900,000
low | high
Med:
$625,000
100% of Average
SqFt:
3,969
low | high
Med:
1,745
100% of Average
$ / SqFt:
$1,738
low | high
Med:
$390
100% of Average
On Site:
18
low | high
Med:
173.5
10.374639769452% of Average
Listing Updated: January 21, 2021 8:09:28 PM PST
Curtis A Skomp, CCIM LogoMLS Number: 593971
Listing Provided By:
Curtis A Skomp, CCIM  of  RE MAX Keys Connection (KW)
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.