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5130 Overseas Highway, Stock Island, FL 33040

$3,550,000
Property Type: Business Opportunity Lot Size (sq. ft.): 269,613 Status: Closed
Current Price: $3,550,000 List Date: 2/19/2014 Last Modified: 5/15/2020

Overview

Description

Rarely available the premier Light Tackle & Flats Fishing Marina in Key West on Stock Island! Favorable long term land lease of 6.1 acres of uplands & bay bottom. Incredible 800' of US hwy 1 frontage with access & visibility from both N. & S. Bound traffic. Total of 42 wet slips & 64 dry slips (52 in covered boat barn) 100% leased, plus large volume of fuel sales. Property also includes leases to bait & tackle shop, watersports businesses, & lease to 150 Seat Waterfront Restaurant & Bar. Large vacant lot for expansion could include new covered boat barn, full service car & boat wash, more retail & affordable apts., Boat & Outboard motor sales & service & more.

Listing Details MLS# 119408

Location, Tax & Legal

Street #
5130
Street Name
Overseas
Street Suffix
Highway
Key/Island
Stock Island
State/Province
FL
Zip Code
33040
Subdivision
Sunkrest (5.0)
County
Monroe
Area
05 - Stock Island to Shark Key
KW Neighborhood
Outside of Key West
City
OTHER
Mile Marker
5
Side
Ocean
Alternate Key #
1157643
Bldg Nbr
No
Zoning
MU - Mixed Use District
Legal
As per Monroe County Tax Records, Leasehold only Alt #s 1157643, 1167100 & 8881797
Taxes
20657
Tax Year
2013

Contract Information

Listing Board
Key West Association
Limited Representation
No
Potential Short Sale
No

General Property Description

Realtor.COM Type
Commercial
Style
Business Opportunity
Lot SqFt
269613
Waterfront
Yes
Control Depth
4
Business Name
Hurricane Hole
Year Established
2003-01-01
# Parking Spaces
60
# Stories
2
Building Ht. Ft.
25
Total # Buildings
5
Building SqFt
10773
Year Built
2003

Status Change Info

Sold Date
2014-11-07

Dockage

Dock
Other
Seawall
Other
Assigned Dock
Yes
Basin
Yes
Boat Lift
Yes
Boat Slip
Yes
Dock Privileges
Yes

Financial Status

Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Rarely available the premier Light Tackle & Flats Fishing Marina in Key West on Stock Island! Favorable long term land lease of 6.1 acres of uplands & bay bottom. Incredible 800' of US hwy 1 frontage with access & visibility from both N. & S. Bound traffic. Total of 42 wet slips & 64 dry slips (52 in covered boat barn) 100% leased, plus large volume of fuel sales. Property also includes leases to bait & tackle shop, watersports businesses, & lease to 150 Seat Waterfront Restaurant & Bar. Large vacant lot for expansion could include new covered boat barn, full service car & boat wash, more retail & affordable apts., Boat & Outboard motor sales & service & more.
Directions
On US Hwy 1 just past the Cow Key Bridge, across the street from the Golf Course

Type

Boat Care
Yes
Boat Sales/Service
Yes
Gas Station
Yes
Marina
Yes
Mixed Use
Yes
Restaurant
Yes
Retail
Yes

Cooling

Heat Pump
Yes

Electric

Circuit Breakers
Yes

Waterview

Ocean View
Yes

Floor

Concrete
Yes
Tile
Yes
Wood
Yes

Construction

CBS
Yes
Frame
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Miscellaneous

Elevator
Yes
Fencing
Yes
High Traffc Location
Yes
High Visibility
Yes
Highway Frontage
Yes
Patio
Yes
Storage
Yes
Utility Building
Yes

Roof

Metal Roof
Yes
Tile Roof
Yes

Property Features

Type: Boat Care; Boat Sales/Service; Gas Station; Marina; Mixed Use; Restaurant; Retail Cooling: Heat Pump Electric: Circuit Breakers Floor: Concrete; Tile; Wood Construction: CBS; Frame Dockage: Assigned Dock; Basin; Boat Lift; Boat Slip; Dock Privileges Roof: Metal Roof; Tile Roof Utilities: FKAA; Municipal Sewer Waterview: Ocean View Miscellaneous: Elevator; Fencing; High Traffc Location; High Visibility; Highway Frontage; Patio; Storage; Utility Building
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: May - 15 - 2020
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.