58182 Overseas Highway 33, Marathon, FL 33050 (MLS# 123055)

58182 Overseas Highway 33, Marathon, FL 33050

$6,050,000

Property Type: Commercial Sale Lot Size (sq. ft.): 119,835 Status: Closed

Current Price: $6,050,000 List Date: 3/18/2016 Last Modified: 9/10/2024

Overview

Description

Four Ocean Front properties in Grassy Key with 3 hotels and 1 two story single family home at MM58 in Grassy Key. Three hotels currently in operation with combined units numbering 34. 3 pools, plenty of parking, 550 lineal feet of Ocean Front and direct access from US Hwy 1. Three of the parcels are contiguous and one (Alt 1454150) is two lots west of group. The dock's control depth of 3 feet is at high tide only. This is one of those rare opportunities to do some developing in the Florida Keys. SC zoning allows for many uses including Retail, Recreational, Apartments, Institutional, Public Buildings, Storage, Vacation Rentals and more.

Listing Details MLS# 123055

Location, Tax & Legal

Street #: 58182
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Grassy Key (58.9)
County: Monroe
Area: 19 - Crawl Key & Grassy Key

Contract Information

Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: Yes
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 119835
Waterfront: Yes
Control Depth: 3
Business Name: Casa del Sol etc.
# Parking Spaces: 70
# Stories: 3
Building Ht. Ft.: 35
Total # Buildings: 14
Building SqFt: 24272
Total Units: 34
Year Built: 1949

Status Change Info

Under Contract Date: 2016-09-29
Leased Date: 2016-12-30
Sold Comments: Short Sale

License Info

# of Transient Licns: 2

Association Info

Mandatory Home Owners Asc: No

More Information

Dockage

Dock: Other

Financial Status

Bank Owned: No
Potential Short Sale: Yes

Property Features

Deed Restrictions: Unknown Type: Hotel/Motel; Marina; Office Buildings; Professional Service; Retail Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Cooling: Heat Pump Utilities: FKAA; Sewer Available Appliances: No Appliances Construction: CBS; Combo Construction; Frame; Steel Reinforced Electric: Circuit Breakers Floor: Combo Roof: Combo Roof Land Size: 2 Less Than 5 Acres Fee Includes: Other Title: Negotiable Tenant Paid: Tnt Pays No Utils Property Rights: Transient License

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 10 - 2024

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