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

 

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