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92530 Overseas Highway, Key Largo, FL 33070

$3,825,000
Property Type: Commercial Bedrooms: 12 Baths: 11 Square Footage: 1,640 Lot Size (sq. ft.): 43,865 Status: Closed
Current Price: $3,825,000 List Date: 9/15/2020 Last Modified: 9/10/2024

Overview

Description

Tucked between Key Largo and Islamorada in the upper Florida Keys, the Island Bay Resort is a Florida Keys hidden treasure with direct Bay / Ocean Views. This ten-cottage resort offers beachfront bay views plus access to a two bedroom owners apartment. Each cottage is a self-contained unit, with efficiency (studio) and one-and two-bedroom cottages available with King and Queen size beds. Each Cottage / Bungalow has colorful quilted bed coverings, kitchenette with sink and mini-fridge, sitting table with two chairs, cozy bathroom with white wood and wicker furniture, bright colors, tile floors, the decor places you immediately in a tropic vibe and ready for guests to enjoy Pina Colada's on their private deck with a Bay View.

Listing Details MLS# 592582

Location, Tax & Legal

Street #
92530
Street Name
Overseas
Street Suffix
Highway
Key/Island
Key Largo
State/Province
FL
Zip Code
33070
Subdivision
Unplatted Lower K.L. (92.0)
County
Monroe
Area
26 - Key Largo S of MM 96.9
City
Tavernier
Off Shore Island
No
Mile Marker
92
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
AE,AE,VE
Alternate Key #
1605581
Parcel #
00490150-000000
Zoning
SC - Sub Urban Commercial District
Legal
PLAT OF SURVEY OF ELLIS PROPERTY KEY LARGO PB2-99 S 100FT OF N 200FT TRACT 1 OR476-118 OR687-417 OR710-511 OR789-1184 OR
Taxes
22808.7
Tax Year
2019

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
Commercial
Lot SqFt
43865
Waterfront
Yes
Control Depth
3
Business Name
Island Bay Resort
Year Established
2000-12-01
# Parking Spaces
15
Off Street Parking
yes
# Stories
Yes
Total # Buildings
4
Building SqFt
4170
SqFt Source
Tax Records
Living Apx SqFt
1640
Total Units
11
Year Built
1955
Total Bedrooms
12
Full Baths
11
Total Baths
11

Status Change Info

Sold Date
2021-03-12

License Info

# of Transient Licns
10

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

More Information

Property Info

# Boat Slips
Yes
# Kitchens
11
# Refrigerators
11
# Washers
4
# Dishwashers
Yes
License Included
Yes

Appliances

Other
Microwave
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Tucked between Key Largo and Islamorada in the upper Florida Keys, the Island Bay Resort is a Florida Keys hidden treasure with direct Bay / Ocean Views. This ten-cottage resort offers beachfront bay views plus access to a two bedroom owners apartment. Each cottage is a self-contained unit, with efficiency (studio) and one-and two-bedroom cottages available with King and Queen size beds. Each Cottage / Bungalow has colorful quilted bed coverings, kitchenette with sink and mini-fridge, sitting table with two chairs, cozy bathroom with white wood and wicker furniture, bright colors, tile floors, the decor places you immediately in a tropic vibe and ready for guests to enjoy Pina Colada's on their private deck with a Bay View.
Directions
Between Mile Marker 92 and 93

Type

Apartment 3 or more
Yes
Office Buildings
Yes

Fee Includes

Building Insurance
Yes
Common Area Mnt
Yes
Exterminating
Yes
Sewer
Yes
Water
Yes

Dockage

Assigned Dock
Yes
Boat Lift
Yes
Dock Privileges
Yes

Cooling

Ceiling Fans(s)
Yes
Heat Pump
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

Tile
Yes

Interior Features

Drapes/Blinds Incl
Yes
Furnished
Yes
Laundry Room
Yes
Split Bedroom
Yes
Window Treatments
Yes

Vehicle Storage

Common Parking
Yes
Off Street Parking
Yes

Construction

CBS
Yes
Other
Yes

Land Size

1 Less Than 2 Acres
Yes

Terms

Buyer Obtain Finance
Yes
Exchange
Yes
Other Financing
Yes

Utilities

Buyer to Verify
Yes
FKAA
Yes
Municipal Sewer
Yes
Propane
Yes

Title

Title Ins - Buyer
Yes

Miscellaneous

Handicap Access
Yes
Lobby
Yes
Manager on Premises
Yes
Open Water View
Yes
Patio
Yes
Residence on Premise
Yes
Storage
Yes

Roof

Tin Roof
Yes

Shutters

Accordion
Yes

Property Features

Property Info: License Included Type: Apartment 3 or more; Office Buildings Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Assigned Dock; Boat Lift; Dock Privileges Vehicle Storage: Common Parking; Off Street Parking Cooling: Ceiling Fans(s); Heat Pump Utilities: Buyer to Verify; FKAA; Municipal Sewer; Propane Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Split Bedroom; Window Treatments Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: Handicap Access; Lobby; Manager on Premises; Open Water View; Patio; Residence on Premise; Storage Construction: CBS; Other Electric: Circuit Breakers Shutters: Accordion Floor: Tile Roof: Tin Roof Land Size: 1 Less Than 2 Acres Fee Includes: Building Insurance; Common Area Mnt; Exterminating; Sewer; Water Terms: Buyer Obtain Finance; Exchange; Other Financing Title: Title Ins - Buyer
Listing Office: The Keyes Company
Last Updated: September - 10 - 2024
Broker Attribution: 7864864048
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.
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