$29,800,000
( $641.88Per Sq Foot )
 $159,973 est/mo Sourced by Back At You

99202 Overseas Highway , KEY LARGO, FL 33037

KEY LARGO, FL 33037

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Description

Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. and Sub Resorts Two LLC proudly presents a diverse portfolio of prime commercial properties, strategically located in highly coveted areas. This exclusive offering combines a luxurious bayfront resort and a hotel with potential for TRE conversion, promising an exceptional return on investment. Key Largo Inn - A 50-key, 62-room hotel boasts a 5COP full liquor license. Perfectly situated for a developer's dream conversion to sell 50 Transferable ROGO Exemption (TREs). Bahia Bay Resort - Over 2 acres of exclusive bayfront paradise features 20 vacation rental rooms two common areas with kitchens, offering stunning sunset views, dockage, an inviting swimming pool and so much more. Seize the opportunity to own both hospitalities and diversify your investment. The owner-managed properties ensure cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement. There is nothing comparable that is offered in all of the Florida Keys and is in one of the most sought-after destinations. Unlock the potential of these prime properties by converting them into a rehabilitative haven or assisted living facility. With their inviting ambiance these properties offer an ideal canvas for a nurturing environment. Contact me to explore the endless possibilities that await in this unique investment opportunity! See MLS#608789 and #610935 for each hospitality sold separately.

Details

MLS#608932
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1953
Days On Site200
Listing Provided ByBerkshire Hathaway HomeServices Keys Real Estate - Islamorada | LISA FRINS P.A.

Features

Bed(s)70
Bath(s) 74 Total
SQ Feet46,426
ZoningSC - Sub Urban
Acreage2.57
Property ViewNo Waterview

Market Activity 33037

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.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityKEY LARGO
Zip Code33037
Area27 Key Largo MM 97 107
Community NameSunset Cove (99.5)
Listing VS Median (in Sunset Cove (99.5))
Price:
$29,800,000
low | high
Med:
$15,900,000
96.644295302013% of Average
SqFt:
46,426
low | high
Med:
26,342
93.260242105717% of Average
$ / SqFt:
$642
low | high
Med:
$604
55.9641657312% of Average
On Site:
200
low | high
Med:
210.000000
95.238095238095% of Average
Sourced by Back At You
Listing Updated: September 10, 2024 at 12:20:14 AM PDT