95320 Overseas Highway, Key Largo, FL 33037
$3,500,000
Property Type:
Commercial
Bedrooms:
23
Baths:
22.1
Square Footage:
8,887
Lot Size (sq. ft.):
68,825
Status:
Closed
Current Price:
$3,500,000
List Date:
11/04/2016
Last Modified:
3/10/2025
Description
Stoneledge Paradise Inn represents true ''Old Florida Keys Charm''. This active, bay-front, 21 unit Motel, has a direct water-front, 3 bedroom/2 bath unit with outside patio area. At 1.53 acres, the property has a developed beach front area with steps leading into the designated swimming area, boat ramp, 110 ft dock with 50 ft T-head, Kayak storage/launch, sanctuary (meditation area), plenty of
Supplements: parking, trailer storage area, property manager work shed, manager's apartment, room for a pool, barbecue areas, 2 covered picnic areas, and much more. The 2 over-water huts provide a great place to relax and watch the sunset year round. With the highest ADRs (Average Daily Rates) in the State of Florida, this charming Keys commercial property is a great investment.
More Information MLS# 572614
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
Species List: No
Current Price: $3,500,000
Listing Date: 2016-11-04
Sold Price: $3,500,000
Location, Tax & Legal
City: KEY LARGO
Off Shore Island: No
Mile Marker: 95
Side: Bay/Gulf
Flood Zone: AE,AE,VE,AE,AE
Alternate Key #: 1100498
Parcel #: 00088640-000000
Zoning: SC - Sub Urban Commercial District
Legal: 13 62 38 ISLAND OF KEY LARGO PART OF GOV LOT 2 & PART TR 4 SOUTHCLIFF ESTS PB2-45 OR533-81 OR780-744D/C (RE 483330 COMBI
Taxes: 12546.45
Tax Year: 2015
Street #: 95320
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Southcliff Ests (95.0)
County: Monroe
Area: 26 - Key Largo S of MM 96.9
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 3
Lot SqFt: 68825
Business Name: Stone Ledge Paradise
Total Units: 0
# Stories: 1
SqFt Source: Tax Records
Building SqFt: 8887
Style: Commercial
Living Apx SqFt: 8887
Year Built: 1956
Total Bedrooms: 23
Full Baths: 22
Half Baths: 1
Total Baths: 22.1
Remarks & Misc
Remarks – Consumer: Stoneledge Paradise Inn represents true ''Old Florida Keys Charm''. This active, bay-front, 21 unit Motel, has a direct water-front, 3 bedroom/2 bath unit with outside patio area. At 1.53 acres, the property has a developed beach front area with steps leading into the designated swimming area, boat ramp, 110 ft dock with 50 ft T-head, Kayak storage/launch, sanctuary (meditation area), plenty of
Directions: mm95, bay-side
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
License Info
# of Transient Licns: 20
Type
Hotel/Motel: 1
Fee Includes
None: 1
Dockage
Dock Length: 100
Dock: Wood
Boat Ramp: 1
Appliances
Range: 1
Refrigerator: 1
Cooling
Heat Pump: 1
Waterfront
Bay Front: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Vehicle Storage
Common Parking: 1
Trailer Storage: 1
Construction
CBS: 1
Combo Construction: 1
Land Size
1 Less Than 2 Acres: 1
Terms
Buyer Obtain Finance: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Title
Title Ins - Buyer: 1
Property Rights
Tranfrble Dev Right: 1
Miscellaneous
Chickee Hut: 1
Fencing: 1
Handicap Access: 1
High Traffc Location: 1
High Visibility: 1
Highway Frontage: 1
Open Water View: 1
Residence on Premise: 1
Shuffleboard Court: 1
Utility Building: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2017-02-02
Sold Price: $3,500,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Hotel/Motel
Waterfront: Bay Front
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Ramp
Vehicle Storage: Common Parking; Trailer Storage
Cooling: Heat Pump
Utilities: Buyer to Verify; FKAA
Appliances: Range; Refrigerator
Miscellaneous: Chickee Hut; Fencing; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Open Water View; Residence on Premise; Shuffleboard Court; Utility Building
Construction: CBS; Combo Construction
Land Size: 1 Less Than 2 Acres
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Property Rights: Tranfrble Dev Right
Listing Office:
The Firm Realty Group
Last Updated: March - 10 - 2025
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.