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.
MLS# | 593971 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active |
Year | 1958 |
Days On Site | 56 |
SQ Feet | 3,969 |
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Story(s) | 2 |
Zoning | SC - Sub Urban Commercial Distri |
Area Information | |
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State | FL |
County | Monroe |
City | Ramrod Key |
Zip Code | 33042 |
Area | Lower Keys |
Listing VS Median (in 33042) | |
Price: $6,900,000 low | high Med: $633,000 SqFt: 3,969 low | high Med: 1,552 $ / SqFt: $1,738 low | high Med: $463 On Site: 56 low | high Med: 347.5 Sourced by Back At You |