84959 Overseas Highway, Windley Key, FL 33036
$5,650,000
Property Type:
Commercial
Bedrooms:
19
Baths:
19
Square Footage:
9,228
Lot Size (sq. ft.):
105,720
Status:
Closed
Current Price:
$5,650,000
List Date:
5/21/2018
Last Modified:
9/10/2024
Description
A unique Islamorada oceanfront ''boutique motel'' providing immediate ocean and bay access. This art deco design offers luxury and privacy in the heart of the Sport Fishing Capital of the World. 19 Licensed transient units. Currently only renting 18. 290' of dockage, boat ramp, heated pool, Tiki huts and 65 palm trees all overlooking the Holiday Isle sandbar and Davis Reef. 10% return as is.
More Information MLS# 580268
Contract Information
Listing Board: Florida Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $5,650,000
Listing Date: 2018-05-21
Sold Price: $5,650,000
Location, Tax & Legal
City: ISLAMORADA
Off Shore Island: No
Mile Marker: 84.9
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,VE,AE,VE
Alternate Key #: 1109282
Parcel #: 00094160-000000
Zoning: SC - Sub Urban Commercial District
Legal: 23 63 37 WINDLEY ISLAND PB1-50 PT LOT 8 AND ADJACENT BAY BOTTOM OR50-412/413 OR308-187/188 OR410-88/89 OR410-90 OR540-16
Taxes: 34713.44
Tax Year: 2017
Street #: 84959
Street Name: Overseas
Street Suffix: Highway
Key/Island: Windley Key
State/Province: FL
Zip Code: 33036
Subdivision: Unplatted Windley Key (88.0)
County: Monroe
Area: 24 - Windley Key
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 3
Lot Size: 300 x 256
Lot SqFt: 105720
Business Name: Drop Anchor Resort
Total Units: 19
Off Street Parking: Yes
# Stories: 2
SqFt Source: Tax Records
Total # Buildings: 3
Building SqFt: 9228
Style: Commercial
Living Apx SqFt: 9228
Year Built: 1958
Total Bedrooms: 19
Full Baths: 19
Total Baths: 19
Remarks & Misc
Remarks – Consumer: A unique Islamorada oceanfront ''boutique motel'' providing immediate ocean and bay access. This art deco design offers luxury and privacy in the heart of the Sport Fishing Capital of the World. 19 Licensed transient units. Currently only renting 18. 290' of dockage, boat ramp, heated pool, Tiki huts and 65 palm trees all overlooking the Holiday Isle sandbar and Davis Reef. 10% return as is.
Directions: Located just 90 minutes from south Florida & the Miami airport. Walking distance to local restaurants, Theater of the Sea, Postcard Inn & Whale Harbor fishing fleets, & the Windley Key Fossil Quarry.
Deed Restrictions
No: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 1
Type
Hotel/Motel: 1
Fee Includes
None: 1
Misc Property Info
Recorded Plat: Yes
Dockage
Dock: Concrete
Boat Ramp: 1
Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Cooling
Wall/Window Unit(s): 1
Waterfront
Oceanfront: 1
Electric
220 Volt: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Combo: 1
Interior Features
Drapes/Blinds Incl: 1
Windows/Doors
Sliding Glass Doors: 1
Vehicle Storage
Guest Parking: 1
Off Street Parking: 1
Construction
Combo Construction: 1
Land Size
1 Less Than 2 Acres: 1
Terms
No Seller Finance: 1
Utilities
Community Swr Plant: 1
FKAA: 1
Title
Title Ins - Buyer: 1
Miscellaneous
High Traffc Location: 1
High Visibility: 1
Highway Frontage: 1
Lobby: 1
Manager on Premises: 1
Open Water View: 1
Pool: 1
Utility Building: 1
Roof
Combo Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2018-10-03
Sold Price: $5,650,000
Status: Closed
Property Features
Deed Restrictions: No
Type: Hotel/Motel
Waterfront: Oceanfront
Waterview: Ocean View; Open Water View
Dockage: Boat Ramp
Vehicle Storage: Guest Parking; Off Street Parking
Cooling: Wall/Window Unit(s)
Utilities: Community Swr Plant; FKAA
Interior Features: Drapes/Blinds Incl
Appliances: Dryer; Range; Refrigerator; Washer
Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Lobby; Manager on Premises; Open Water View; Pool; Utility Building
Construction: Combo Construction
Electric: 220 Volt
Floor: Combo
Roof: Combo Roof
Land Size: 1 Less Than 2 Acres
Fee Includes: None
Terms: No Seller Finance
Title: Title Ins - Buyer
Listing Office:
Cornell Commercial Real Estate, 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.