Tap to see more photos
Commercial For Sale
97360 Overseas Highway
Key Largo, Florida 33037
Monroe CountyWaterfront:
Yes Water View: YesCommunity: Mandalay Key Amt Plat (8)
$38,000,000
70 br, 74.0 bath
0 sq. ft.
0.000 acres
Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. proudly presents a diverse portfolio of prime commercial properties, strategically located in highly coveted areas. This exclusive offering combines a luxurious bayfront resort, a hotel with potential for TRE conversion, a thriving restaurant building, a landmark retail building and vacant median highway lots, promising an exceptional return on investment. Key Largo Inn - A 50-key, 62-room hotel boasts a 5COPS full liquor license. Perfectly situated for a developer's dream conversion to sell 50 Transferable ROGO Exemption (TREs). Bahia Bay Resort - Over 2 acres of exclusive bayfront paradise features 20 vacation rental rooms offering stunning sunset views, dockage, an inviting swimming pool and so much more. 4-Story Retail Building- A landmark 5000sqft retail space on US 1 median. Currently home to SCUBA-Fun dive shop and three additional floors for potential of further businesses or apartments and includes 9 vacant lots, presently rented for parking to an adjacent resort. C&C Wood Fired Restaurant - real estate only - Charming 40-seat restaurant adjacent to Key Largo Inn. A well-established dining destination. Seize the opportunity to own the entire portfolio and diversify your investment across multiple high-performing assets. Focus on the lucrative hospitality sector, acquiring Key Largo Inn and Bahia Bay Resort.Hospitality Assets-$30M; Rental Properties-$8M.The owner-managed properties ensure cohesive and efficient operations. You can find more in-depth information upon an executed Confidentiality Agreement. Nothing comparable is offered in the Florida Keys! Unlock the potential of these prime properties by converting them into a rehabilitative haven or assisted living facility. With their inviting ambiance these properties offer an ideal canvas for a nurturing environment.
Interior:
- Bedrooms: 70
- Baths: 74.0
- Sq Ft: 0
- Year Built: 1994
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types: Water
- Yard:
- Siding: Concrete
- Roof: Unknown
- Property Taxes: $0
- MLS #: 608560
Ad Number: 4577209
Viewed 47 times.
Updated: Mar 09, 2024
This property is a Commercial located at 97360 Overseas Highway, Key Largo, Florida 33037, and is currently For Sale at $38,000,000. This Commercial has 70 bedrooms, 74.0 baths, 0 sq ft.
Listing Agent: LISA FRINS P.A., Berkshire Hathaway HomeServices Freewheeler Realty, 305-522-1479, 305-664-4444
Listing Site, Listing Status: Active
Copyright © 2024 Florida Keys Board of REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.