$13,850,000

90611 Old Highway

Plantation Key FL, 33070

Description

Fl. Keys, Islamorada, boutique 47 transient development rights. 42 all concrete existing canal front motel units, 2 pools and restaurant on 650 ft of canal front dockage. The entire resort has been luxuriously remodeled. Silent A/Cs in every room. Private balconies and room side dockage. Ideal for additional revenue sources: Dive/Snorkel boats, Fishing charters, Boat rentals or House Boats. Keys motels have the highest occupancy rates and ADR's in the country. Since the Covid reopening business has been even better than in 2019. Reference the document section of the listing for a CA in order to receive their financials Creekside Inn is 1 hour south of Miami just south of Tavernier Creek which provides immediate ocean or bay access to the Sports Fishing and Dive Capitol of the World.

Details

MLS#587284
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1973
Days On Site499

Features

SQ Feet25,825
Story(s)2
Units47
ZoningHC - Highway Commercial

Market Activity 33070

Loading Form
Loading Form
Area Information
StateFL
CountyMonroe
CityPlantation Key
Zip Code33070
AreaIslamorada
Listing VS Median (in 33070)
Price:
$13,850,000
low | high
Med:
$550,000
100% of Average
SqFt:
25,825
low | high
Med:
0
100% of Average
$ / SqFt:
$536
low | high
Med:
$0
100% of Average
On Site:
499
low | high
Med:
611
81.669394435352% of Average
Listing Updated: January 21, 2021 8:09:28 PM PST
Bud Cornell LogoMLS Number: 587284
Listing Provided By:
Bud Cornell  of  Cornell Commercial Real Estate Inc.
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.