27340 Overseas Highway, Ramrod Key, FL 33042
$2,500,000
Property Type:
Commercial
Lot Size (sq. ft.):
72,845
Status:
Closed
Current Price:
$2,500,000
List Date:
6/14/2012
Last Modified:
9/09/2024
Description
Property currently operated by a Receiver and is Bank Owned. Profitable Businesses & Real Estate on Ramrod Key. This Resort services world famous Looe Key Reef. Turn-key Resort is fully operational, including a 24 room waterfront hotel with Dive Shop and a Custom Dive Boat and a 124 seat Bar/Restaurant with a full 6COP Monroe County Liquor License. This is a Destination Resort as well as a locals favorite.
More Information MLS# 116613
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $2,500,000
Listing Date: 2012-06-14
Sold Price: $2,500,000
Location, Tax & Legal
KW Neighborhood: Outside of Key West
City: OTHER
Mile Marker: 27
Side: Ocean
Alternate Key #: 1264229
Parcel #: 00200900-000000
Bldg Nbr: 0
Zoning: SC - Sub Urban Commercial District
Legal: Breezeswept Beach Est Pb4-143 Ramrod Key Lts 10-13 & Pt Lt 14 Blk 1 & as per Monroe County Tax Recds
Taxes: 27981
Tax Year: 2011
Street #: 27340
Street Name: Overseas
Street Suffix: Highway
Key/Island: Ramrod Key
State/Province: FL
Zip Code: 33042
Subdivision: Breezeswept Bch Est (27.5)
Area: 09 - Ramrod Key
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 4
Lot SqFt: 72845
Business Name: Looe Key Reef Resort
# Parking Spaces: 0
# Stories: 2
Building Ht. Ft.: 25
Total # Buildings: 3
Building SqFt: 33998
Style: Commercial
Year Built: 1958
Remarks & Misc
Remarks – Consumer: Property currently operated by a Receiver and is Bank Owned. Profitable Businesses & Real Estate on Ramrod Key. This Resort services world famous Looe Key Reef. Turn-key Resort is fully operational, including a 24 room waterfront hotel with Dive Shop and a Custom Dive Boat and a 124 seat Bar/Restaurant with a full 6COP Monroe County Liquor License. This is a Destination Resort as well as a locals favorite.
Directions: On US Hwy 1 at mile market 27.4, oceanside.
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
License Info
# of Transient Licns: 2
5-Cop (Transferable): 1
Type
Boat Care: 1
Hotel/Motel: 1
Marina: 1
Office Buildings: 1
Restaurant: 1
Other Services: 1
Dockage
Dock: Other
Property Info
Gross Annual Expense: 0
NOI: 0
Cooling
Heat Pump: 1
Waterfront
Canal Front: 1
Electric
Circuit Breakers: 1
Waterview
Canal View: 1
Floor
Combo: 1
Construction
Combo Construction: 1
Land Size
1 Less Than 2 Acres: 1
Utilities
Community Swr Plant: 1
FKAA: 1
Propane: 1
Title
Negotiable: 1
Property Rights
Beverage License: 1
Miscellaneous
Chickee Hut: 1
Fencing: 1
High Visibility: 1
Highway Frontage: 1
Lobby: 1
Manager on Premises: 1
Patio: 1
Pool: 1
Utility Building: 1
Roof
Combo Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2013-03-29
Sold Price: $2,500,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: 5-Cop (Transferable)
Type: Boat Care; Hotel/Motel; Marina; Office Buildings; Restaurant; Other Services
Waterfront: Canal Front
Waterview: Canal View
Cooling: Heat Pump
Utilities: Community Swr Plant; FKAA; Propane
Miscellaneous: Chickee Hut; Fencing; High Visibility; Highway Frontage; Lobby; Manager on Premises; Patio; Pool; Utility Building
Construction: Combo Construction
Electric: Circuit Breakers
Floor: Combo
Roof: Combo Roof
Land Size: 1 Less Than 2 Acres
Title: Negotiable
Property Rights: Beverage License
Listing Office:
At Home in Key West, Inc.
Last Updated: September - 09 - 2024
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