Search for Property

82749 OVERSEAS Highway, Upper Matecumbe Key Islamorada, FL 33036

$8,800,000
Property Type: Commercial Sale Bedrooms: 36 Baths: 37 Square Footage: 20,666 Lot Size (sq. ft.): 97,269 Status: Closed
Current Price: $8,800,000 List Date: 1/26/2014 Last Modified: 9/10/2024

Overview

Description

A great opportunity to own one of Islamorada's most successful Hotels; Property is located from Highway to the Atlantic Ocean; This is a rare offer and one that provides for a number of different scenarios; 37 Transient Rights with Beer Wine License; Boat basin, docks, Tiki,Owned Bay bottom; Food court, in process of adding small restaurant; This is a Branded Hotel Motel.

Listing Details MLS# 563247

Location, Tax & Legal

Street #
82749
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

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

General Property Description

Realtor.COM Type
Commercial
Style
Misc Prop Rights
Lot SqFt
97269
Waterfront
Yes
Control Depth
34
SqFt Source
Tax Records
Living Apx SqFt
20666
Total Units
35
Year Built
1954
Total Bedrooms
36
Full Baths
37
Total Baths
37

Status Change Info

Under Contract Date
2017-06-15
Leased Date
2017-07-26

License Info

# of Transient Licns
36

Association Info

Mandatory Home Owners Asc
No

More Information

Misc Property Info

Recorded Plat
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No

Property Features

Deed Restrictions: No Property Info: License Included Type: Hotel/Motel Waterfront: Oceanfront Waterview: Ocean View; Open Water View; No Waterview Dockage: Basin; Boat Ramp Vehicle Storage: Common Parking; Covered Parking; Guest Parking; Trailer Storage Cooling: Ceiling Fans(s); Central Air Utilities: Individual Swr Plant Appliances: Range; Refrigerator Miscellaneous: Chickee Hut; Elevator; Fencing; Handicap Access; High Traffc Location; High Visibility; Lobby; Open Water View Construction: CBS Floor: Carpet; Tile Land Size: 1 Less Than 2 Acres Fee Includes: Bldg Exterior Mnt; Cable; Exterminating; Sewer Terms: Buyer Obtain Finance Title: Title Ins - Buyer Property Rights: Transient License
Listing Office: Moorings Realty, Inc
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.