92530 Overseas Highway, Tavernier, 33070

REDUCED 7% Commercial - Commercial For Sale in Unplatted Lower K.L. (92.0)

$4,850,000

10Beds
10Baths
Sqft
1955Built
283DOM
MLS® #: 581498
Active, 283 Days on Market

Incredible opportunity to own one of the 25 Best Small Hotels in the USA according to Trip Advisor for 2012-2017. The property is located in much desired Florida Keys! The 10 unit hotel has had 18 years of successful operation by current owner. This is a ''turn key'' property with great cash flow to ensure a smooth transition with no closing of business. Best of all there are many opportunities for additional revenue making this an ideal purchase. Great pluses for purchase 10 units plus manager's quarters provides for ease of operation with small staff (5) needed, alleviating the problem of staff support. This hotel has received many awards most notably The 25 Most Romantic Hotels in the USA from 2012 -2017 and the #1 booking hotel in Key Largo (Trip Advisor, Booking.com) Watch video!The attention to detail is seen throughout. The property is meticulously groomed, exceptionally clean with a private swimming beach, boat dockage and boat lift. Every room is decorated with a Keys motif, your own unique piece of paradise. New hotel management software, updated website with online booking, High definition cameras throughout property, Sonos music system throughout rooms, automated sprinklersand lighting, instant hot water system for all rooms. The location is perfect at mm 92.5 on the bayside right between Key Largo "The Diving Capital of the World" and Islamorada "The Sport Fishing Capital of the World" Showings are "By Appointment Only" and Proof of Funds for purchase are required.

Essential Information

MLS® #: 581498
Price: $4,850,000
Bedrooms: 10
Bathrooms: 10.00
Full Baths: 10
Year Built: 1955
Type: Commercial
Sub-Type: Commercial
Status: Active

Community Information

Address: 92530 Overseas Highway
Area: 26 - Key Largo S of MM 96.9
Subdivision: Unplatted Lower K.L. (92.0)
City: Tavernier
County: Monroe
State: FL
Zip Code: 33070

Amenities

Utilities: Buyer to Verify, FKAA, Municipal Sewer, Propane Gas
Parking: Common Parking, Off Street Parking
View: Bay/Gulf View
Is Waterfront: Yes
Waterfront: Bay Front

Interior

Interior Features: Drapes/Blinds Incl, Furnished
Appliances: Refrigerator
Heating: Ceiling Fans, Combination A/C
# of Stories: 1

Exterior

Lot Description: 1 Less Than 2 Acres
Roof: Metal Roof
Construction: CBS, Other Construction

Additional Information

Date Listed: August 15th, 2018
Days on Market: 283
Zoning: SC - Sub Urban Commercial District
HOA Fees: 0.00

Listing Details

Listing Agent: Susan Recarey
Listing Office: American Caribbean Real Estate - Key Largo

The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.