99411 Overseas Highway, Key Largo, FL 33037 (MLS# 601401)

99411 Overseas Highway, Key Largo, FL 33037

$3,700,000

Property Type: Commercial Sale Bedrooms: 2 Baths: 10 Lot Size (sq. ft.): 39,140 Status: Closed

Current Price: $3,700,000 List Date: 6/14/2022 Last Modified: 9/10/2024

Overview

Description

For Statistical Purposes Only. Key Largo investment opportunity. This mixed-use income-producing property commercial property is located at mile marker 99.4 in the heart of Key Largo. With approximately 250' of US 1 road frontage and just a few feet from the northbound traffic light, each business within the building gets valuable drive-by traffic exposure. The fully leased property has seen minimal tenant turnover and no extended vacancies.? Since 1996 this property has maintained almost 100% occupancy. The property has an excellent tenant mix, restaurant, financial services, retail, distillery and bar, and apartment rental. The property consists of three parcels; the building parcel and two adjacent vacant lots provide convenience for parking.

Listing Details MLS# 601401

Location, Tax & Legal

Street #: 99411
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Sunset Cove (99.5)
County: Monroe
Area: 27 - Key Largo MM 97-107

Contract Information

Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 39140
Waterfront: No
SqFt Source: Tax Records
Year Built: 1968
Total Bedrooms: 2
Full Baths: 8
Half Baths: 2
Total Baths: 10

Status Change Info

Under Contract Date: 2022-06-14
Leased Date: 2022-06-14

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Property Features

Type: Office Buildings Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Municipal Sewer Appliances: No Appliances Construction: CBS Roof: Concrete Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None Property Rights: Multi-Use/Commercial

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

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.