136 Madeira Road, Upper Matecumbe Key Islamorada, FL 33036
$5,250,000
Property Type:
Commercial
Bedrooms:
16
Baths:
16
Square Footage:
9,082
Lot Size (sq. ft.):
67,500
Status:
Closed
Current Price:
$5,250,000
List Date:
11/22/2013
Last Modified:
9/10/2024
Overview
Description
Supplements: ... (Read more) Building 1 - Garden View - built originally in 1958 - features 11 units that have been recently refurbished with updates. Building 2 - Sea View - built originally in 1950 - features 5 units that have been recently refurbished with updates. As you approach the waterfront a classic Bridge over the basin and dockage area you are lead to the Gazebo and Boathouse. The boat basin accomodates 15 boats up to 25 ft. in length.
Listing Details MLS# 559459
Location, Tax & Legal
- Street #
- 136
- Street Name
- Madeira
- Street Suffix
- Road
- Key/Island
- Upper Matecumbe Key Islamorada
- State/Province
- FL
- Zip Code
- 33036
- Subdivision
- Strattons (82.5)
- County
- Monroe
- Area
- 23 - Upper Matecumbe
- City
- ISLAMORADA
- Off Shore Island
- No
- Mile Marker
- 82.5
- Side
- Bay/Gulf
- Alternate Key #
- 8906561
- Parcel #
- 00399491-000000
- Zoning
- TC - Tourist Commercial
- Legal
- STRATTONS SUB PB2-38 UPPER MATECUMBE N 1/2 LOT 10 & ALL LOT 11 BK 4 & BB NW'LY & ADJ OR459-976/79 OR817-2029/31 OR886-2
- Taxes
- 48273.58
- Tax Year
- 2012
Contract Information
- Listing Board
- Florida Keys
- Limited Representation
- No
- As is Rght to Inspct
- Yes
- For Sale/Lease
- For Sale
- Potential Short Sale
- No
- Bank Owned
- No
- Species List
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 67500
- Waterfront
- Yes
- Control Depth
- 4
- Business Name
- Casa Morada Hotel
- Year Established
- 1950-01-01
- # Parking Spaces
- 16
- Off Street Parking
- 16
- # Stories
- 2
- Total # Buildings
- 2
- Building SqFt
- 9082
- SqFt Source
- Property Data Card
- Living Apx SqFt
- 9082
- Year Built
- 1950
- Total Bedrooms
- 16
- Full Baths
- 16
- Total Baths
- 16
Status Change Info
- Sold Date
- 2014-09-24
- Sold Comments
- Commercial Loan- Centennial Bank
License Info
- # of Transient Licns
- State Hotel/Motel
- 2-Cop (Beer & Wine)
- Yes
Association Info
- Mandatory Home Owners Asc
- No
More Information
Misc Property Info
- Recorded Plat
- Yes
Property Info
- # Boat Slips
- 15
- License Included
- Yes
Vehicle Storage
- Car(s)
- 4+
- Guest Parking
- Yes
- Off Street Parking
- Yes
Appliances
- Other
- hotel models
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- A boutique hotel situated on the aqua blue waters of Florida Bay will transport your guests to the world of relaxation and tranquility. Celebrating Sunsets Dailey! 16 existing hotel rooms are featured in two buildings - Sea View and Garden View. Potential to add 2 more units with site plan approvals and permit application already submitted to The Village of Islamorada.
- Directions
- AT MILE MARKER 82 FROM THE OVERSEAS HIGHWAY TURN AT EITHER TED WILLIAMS WAY OR MADEIRA ROAD (ENTRANCE OF THE LORELEI).
Deed Restrictions
- No
- Yes
Type
- Hotel/Motel
- Yes
Fee Includes
- None
- Yes
Dockage
- Basin
- Yes
- Boat Ramp
- Yes
- Boat Slip
- Yes
Waterfront
- Bay Front
- Yes
- Open Water
- Yes
Electric
- 220 Volt
- Yes
- Circuit Breakers
- Yes
Waterview
- Bay/Gulf View
- Yes
- Open Water View
- Yes
Construction
- Combo Construction
- Yes
Land Size
- 1 Less Than 2 Acres
- Yes
Terms
- Buyer Obtain Finance
- Yes
Utilities
- Buyer to Verify
- Yes
- FKAA
- Yes
- Individual Swr Plant
- Yes
Title
- Title Ins - Buyer
- Yes
Property Rights
- Other/See Remarks
- Yes
Miscellaneous
- Open Water View
- Yes
- Other Miscellaneous
- Yes
Property Features
Deed Restrictions:
No
License Info:
2-Cop (Beer & Wine)
Property Info:
License Included
Type:
Hotel/Motel
Waterfront:
Bay Front; Open Water
Waterview:
Bay/Gulf View; Open Water View
Dockage:
Basin; Boat Ramp; Boat Slip
Vehicle Storage:
Guest Parking; Off Street Parking
Utilities:
Buyer to Verify; FKAA; Individual Swr Plant
Miscellaneous:
Open Water View; Other Miscellaneous
Construction:
Combo Construction
Electric:
220 Volt; Circuit Breakers
Land Size:
1 Less Than 2 Acres
Fee Includes:
None
Terms:
Buyer Obtain Finance
Title:
Title Ins - Buyer
Property Rights:
Other/See Remarks
Listing Office:
Ocean Sotheby's International Realty
Last Updated: September - 10 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
