Search for Property

82216 Overseas Highway 19, Upper Matecumbe Key Islamorada, FL 33036

$5,175,000
Property Type: Commercial Bedrooms: 20 Baths: 20 Lot Size (sq. ft.): 43,000 Status: Closed
Current Price: $5,175,000 List Date: 10/04/2016 Last Modified: 4/11/2025

Overview

Description

Owner want's it sold. He is ready to go play golf. Located In the heart of Islamorada,one of the few Retro Motels left in the Keys. A fresh opportunity to bring a true boutique style destination Motel to Islamorada. Includes Manager's apartment and efficiency.Total. of 22 rooms. High occupancy rate and steady income. With Bay-front views and the most magnificent sunsets ever in the Keys. Bring us your offers.

Listing Details MLS# 572215

Location, Tax & Legal

Street #
82216
Street Name
Overseas
Street Suffix
Highway
Key/Island
Upper Matecumbe Key Islamorada
State/Province
FL
Zip Code
33036
Subdivision
Strattons (82.5)
County
Monroe
Area
23 - Upper Matecumbe
Unit #
19
City
ISLAMORADA
Off Shore Island
No
Mile Marker
82.5
Side
Bay/Gulf
Flood Zone
X to AE9
Alternate Key #
1492094
Add'l Parcel #1
00094880000000286337
Parcel #
00399830-000000
Zoning
HC - Highway Commercial
Legal
100H- Highway Commercial
Taxes
27551
Tax Year
2015

Contract Information

Listing Board
Florida Keys
Limited Representation
Yes
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No
Species List
Yes

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
43000
Waterfront
Yes
Control Depth
5
Business Name
LAJOLLA RESORT&MARIN
Year Established
1957-12-31
# Stories
2
Year Built
1957
Total Bedrooms
20
Full Baths
20
Total Baths
20

Status Change Info

Sold Date
2017-10-10

License Info

# of Transient Licns
20

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
Yes

More Information

Misc Property Info

Recorded Plat
Yes

Property Info

# Boat Slips
10
# Kitchens
16
# Efficiencies
Yes

Dockage

Dock
Concrete
Seawall
Concrete
Boat Slip
Yes
First Come Dock
Yes

Auction Info

Auction
No

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Owner want's it sold. He is ready to go play golf. Located In the heart of Islamorada,one of the few Retro Motels left in the Keys. A fresh opportunity to bring a true boutique style destination Motel to Islamorada. Includes Manager's apartment and efficiency.Total. of 22 rooms. High occupancy rate and steady income. With Bay-front views and the most magnificent sunsets ever in the Keys. Bring us your offers.
Directions
At Mile Marker 82.3 - Bayside look for Backcountry Cowboy Shop. Gated Drive is just two gates South. Legal: STRATTONS SUBD PB 2-38 UPPER MATECUMBE LOT 3 SQR 6 G24-94 G26-492 OR302-584/85 OR182-8

Deed Restrictions

Unknown
Yes

Type

Apartment 3 or more
Yes
Hotel/Motel
Yes

Fee Includes

Other
Yes

Waterfront

Bay Front
Yes
Gulf Front
Yes
Open Water
Yes

Electric

Circuit Breakers
Yes

Waterview

Bay/Gulf View
Yes
Open Water View
Yes

Floor

Terrazzo
Yes
Tile
Yes

Windows/Doors

Aluminum Windows
Yes
Sliding Glass Doors
Yes

Vehicle Storage

Covered Parking
Yes
Off Street Parking
Yes

Construction

CBS
Yes
Combo Construction
Yes
Concrete
Yes

Land Size

1 Less Than 2 Acres
Yes

Terms

No Seller Finance
Yes

Utilities

FKAA
Yes
Septic Tank
Yes

Title

Title Ins - Buyer
Yes

Miscellaneous

Lobby
Yes
Open Water View
Yes
Patio
Yes
Pool
Yes

Roof

Concrete Roof
Yes

Property Features

Deed Restrictions: Unknown Type: Apartment 3 or more; Hotel/Motel Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Boat Slip; First Come Dock Vehicle Storage: Covered Parking; Off Street Parking Utilities: FKAA; Septic Tank Miscellaneous: Lobby; Open Water View; Patio; Pool Construction: CBS; Combo Construction; Concrete Electric: Circuit Breakers Floor: Terrazzo; Tile Roof: Concrete Roof Land Size: 1 Less Than 2 Acres Fee Includes: Other Terms: No Seller Finance Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: April - 11 - 2025
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.