Active
99202 Overseas Highway
Key Largo FL, 33037
$16,000,000
$607.40 per sqft
Active
50 Beds
50 Baths
26,342 sqft
Commercial
Built in 1953
Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. proudly presents prime commercial property, strategically located in a highly coveted area. This exclusive offering combines 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).The owner-managed property ensures cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement. Contact me to explore the endless possibilities that await in this unique investment opportunity!The owner-managed properties ensure cohesive and efficient operations. You can find more in-depth information upon execution of a signed Confidentiality Agreement. 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.
608789
MLSⓇ ID
April 1, 2024
Updated
Map
99202 Overseas Highway
Key Largo FL, 33037
Interior Features
Bedrooms
50 Beds
Bathrooms
50 Baths
Appliances
Refrigerator
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.8 Acres
Lot Features
1/2 - Less Than 1 AC
School Information
School District
Key Largo Inn
Other Property Details
Area Name
27 - Key Largo MM 97-107
Days on Market
44
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
Listed by LISA FRINS P.A. with Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Listing Contact: 305-294-5155
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 4/1/2024. 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 4/1/2024 at 7:12 PM UTC