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Commercial For Sale

97360 Overseas Highway

Key Largo, Florida 33037

Monroe County

Waterfront: Yes

Water View: Yes

Community: Mandalay Key Amt Plat (8)

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$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
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Contact Information:
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Beach Commercial For Sale in Key Largo, Florida
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.

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