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82749 OVERSEAS Highway, Upper Matecumbe Key Islamorada, FL 33036

$8,800,000
Property Type: Commercial 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
City
ISLAMORADA
Off Shore Island
No
Mile Marker
82.5
Side
Ocean
Alternate Key #
1493651
Parcel #
00401310-000000
Zoning
VC - Village Center
Legal
STRATTONS SUBD PB 2-38 UPPER MATECUMBE PT LOT 9 SQR 12 AND ADJ BAY BTM (II 22872) AND PT TR 34 THE RUSSELL EST PB2-14-1
Taxes
39190.4
Tax Year
2013

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

Sold 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

Remarks & Misc

Remarks – Consumer
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.

Deed Restrictions

No
Yes

Type

Hotel/Motel
Yes

Fee Includes

Bldg Exterior Mnt
Yes
Cable
Yes
Exterminating
Yes
Sewer
Yes

Dockage

Basin
Yes
Boat Ramp
Yes

Appliances

Range
Yes
Refrigerator
Yes

Property Info

License Included
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Oceanfront
Yes

Waterview

Ocean View
Yes
Open Water View
Yes
No Waterview
Yes

Floor

Carpet
Yes
Tile
Yes

Vehicle Storage

Covered Parking
Yes
Guest Parking
Yes
Common Parking
Yes
Trailer Storage
Yes

Construction

CBS
Yes

Land Size

1 Less Than 2 Acres
Yes

Terms

Buyer Obtain Finance
Yes

Utilities

Individual Swr Plant
Yes

Title

Title Ins - Buyer
Yes

Property Rights

Transient License
Yes

Miscellaneous

Chickee Hut
Yes
Elevator
Yes
Fencing
Yes
Handicap Access
Yes
High Traffc Location
Yes
High Visibility
Yes
Lobby
Yes
Open Water View
Yes

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.