About 97360 Overseas Highway
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 and a hotel with potential for TRE conversion, 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.Seize the opportunity to own the entire portfolio and diversify your investment.The owner-managed properties ensure cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement. There is nothing comparable that is offered in all of the Florida Keys! This offering is unparalleled and promises substantial returns in one of the most sought-after destinations. Contact me to explore the endless possibilities that await in this unique investment opportunity!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.See MLS#608560 for a diverse portfolio of prime commercial properties offered.
Features of 97360 Overseas Highway
| MLS® # | 608573 |
|---|---|
| Price | $30,000,000 |
| Bedrooms | 70 |
| Bathrooms | 74.00 |
| Full Baths | 72 |
| Half Baths | 2 |
| Square Footage | 46,426 |
| Year Built | 1994 |
| Type | Commercial |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 97360 Overseas Highway |
|---|---|
| Area | 27 - Key Largo MM 97-107 |
| Subdivision | Mandalay Key Amt Plat (98.0) |
| City | KEY LARGO |
| County | Monroe |
| State | FL |
| Zip Code | 33037 |
Amenities
| Utilities | FKAA |
|---|---|
| Parking | Common Parking, Guest Parking |
| View | Bay/Gulf View, Open Water View, No Waterview |
| Is Waterfront | Yes |
| Waterfront | Bay Front, Open Water, None |
Interior
| Appliances | Dryer, Washer, Refrigerator, Range |
|---|
Exterior
| Lot Description | 2 Less Than 5 Acres |
|---|---|
| Construction | CBS, Poured Concrete Cnst |
Additional Information
| Date Listed | February 6th, 2024 |
|---|---|
| Days on Market | 82 |
| Zoning | SC - Sub Urban Commercial District |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Lisa Frins P.a. |
|---|---|
| Office | Berkshire Hathaway HomeServices Keys Real Estate - Islamorada |