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
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.
More Information MLS# 592582
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: $3,825,000
Listing Date: 2020-09-14
Sold Price: $3,825,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 3
Lot Size: 1.00700 of one acre
Lot SqFt: 43865
Business Name: Island Bay Resort
Total Units: 11
Year Established: 2000-12-01
# Parking Spaces: 15
Off Street Parking: yes
# Stories: 1
SqFt Source: Tax Records
Total # Buildings: 4
Building SqFt: 4170
Style: Commercial
Living Apx SqFt: 1640
Year Built: 1955
Total Bedrooms: 12
Full Baths: 11
Total Baths: 11
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
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of Transient Licns: 10
Type
Apartment 3 or more: 1
Office Buildings: 1
Fee Includes
Building Insurance: 1
Common Area Mnt: 1
Exterminating: 1
Sewer: 1
Water: 1
Dockage
Assigned Dock: 1
Boat Lift: 1
Dock Privileges: 1
Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Other: Microwave
Property Info
# Boat Slips: 1
# Kitchens: 11
# Refrigerators: 11
# Washers: 4
# Dishwashers: 1
License Included: 1
Cooling
Ceiling Fans(s): 1
Heat Pump: 1
Waterfront
Bay Front: 1
Gulf Front: 1
Open Water: 1
Electric
Circuit Breakers: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Floor
Tile: 1
Interior Features
Drapes/Blinds Incl: 1
Furnished: 1
Laundry Room: 1
Split Bedroom: 1
Window Treatments: 1
Vehicle Storage
Common Parking: 1
Off Street Parking: 1
Construction
CBS: 1
Other: 1
Land Size
1 Less Than 2 Acres: 1
Terms
Buyer Obtain Finance: 1
Exchange: 1
Other Financing: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Municipal Sewer: 1
Propane: 1
Title
Title Ins - Buyer: 1
Miscellaneous
Handicap Access: 1
Lobby: 1
Manager on Premises: 1
Open Water View: 1
Patio: 1
Residence on Premise: 1
Storage: 1
Roof
Tin Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Shutters
Accordion: 1
Status Change Info
Sold Date: 2021-03-12
Sold Price: $3,825,000
Status: Closed
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.