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 Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 56 |
Features
| SQ Feet | 3,969 |
|---|---|
| Story(s) | 2 |
| Zoning | SC - Sub Urban Commercial Distri |
Market Activity 33042
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| Area Information | |
|---|---|
| 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 | |
MLS Number: 593971Listing Provided By:
Curtis A Skomp, CCIM of RE MAX Keys Connection (KW)