Active
99202 Overseas Highway
Key Largo FL, 33037
$29,800,000
$641.88 per sqft
Active
70 Beds
74 Baths
46,426 sqft
Commercial
Built in 1953
Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. and Sub Resorts Two LLC 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 5COP 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 two common areas with kitchens, offering stunning sunset views, dockage, an inviting swimming pool and so much more. Seize the opportunity to own both hospitalities 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 and is in one of the most sought-after destinations. 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. Contact me to explore the endless possibilities that await in this unique investment opportunity! See MLS#608789 and #610935 for each hospitality sold separately.
608932
MLSⓇ ID
February 27, 2024
Listed
August 23, 2024
Updated
Map
99202 Overseas Highway
Key Largo FL, 33037
Interior Features
Bedrooms
70
Total Bathrooms
74
Full Bathrooms
72
Half Bathrooms
2
Appliances
Refrigerator, Dryer, Washer, Range
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.57 Acres
Lot Features
2 Less Than 5 Acres
Other Property Details
Area Name
27 - Key Largo MM 97-107
Days on Market
158
Association Amenities
None
Garage
No
Parking
Common Parking, Guest Parking
View
Yes
View Description
No Waterview
County
Monroe
Pool
No
Zoning
SC - Sub Urban Commercial District
Listing History
Date | Event | Price |
---|---|---|
7/29/2024 | Price change | $29,800,000 -1% |
Listed by LISA FRINS P.A. with Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Florida Keys Board of REALTORS® all rights reserved.
Data last updated on 8/23/2024 at 2:43 PM UTC