101600 Overseas Highway in KEY LARGO for $20,000,000
Listing ID602462
Price$20,000,000
StatusContingent
Bedrooms3
Total Baths3
Full Baths3
SqFt
3,717
CountyMonroe
SubdivisionTarpon Acres (102.0)
Year Built1950
Property TypeCommercial
Property Sub TypeCommercial
Rarely available anywhere in the Florida Keys. Waterfront 103 Unit RV/ Mobile Home Park in Key Largo. 6.15 Acres Uplands Bayside with 29 wet boat slips. All but one RV/MH are tenant owned. County recognizes 53 Residential Dwelling Units (48 MH & 5 Attached), plus 50 Transient Residential Dwelling Units from 50 RV lots. 98 Units currently online. Priced at 3% cap rate with room to grow as is. URM Zoning allows possible commercial redevelopment incl. Vacation Rentals & Marinas or remain affordable & transfer entitlements. Baybottom lease with State of FL. Same family ownership since 1996
County
Monroe
Property Sub Type
Commercial
Property Type
Commercial
Subdivision
Tarpon Acres (102.0)
Year Built
1950
Zoning
URM - Urban Res Mobile Home District
Appliances: Other
YES
Number of Efficiencies
5
Construction
CBS, Manufactured
Control Depth
5
Dock
Wood
Dockage
Basin
Flood Zone
AE,X,0.2 PCT ANNUAL
Land Size
5 Less Than 10 Acres
Lot Size
6.15 AC
Lot SqFt
268042
Number of Boat Slips
29
Off Street Parking
yes
Seawall
Concrete
Side
right
Style
Commercial
Total Number of Buildings
4
Vehicle Storage
Off Street Parking
Waterfront
yes
Waterfront Type
Bay Front
Waterview
Bay/Gulf View
Area
27 - Key Largo MM 97-107
Key/Island
Key Largo
Mile Marker
102
Parcel Number
00492780-000000
Business Name
Keys Ventures @ 101
Days On Market
558
Miscellaneous
Chickee Hut, Fencing
Type 2
Mobile Home Park
Utilities
FKAA, Municipal Sewer
1st Right of Refusal
no
As Is/Right To Inspect
yes
Bank Owned
no
Contingent
Contingent
Contingent Remarks
will consider backup
Fee Includes
Other
Financial Status: Bank Owned
no
Financial Status: Potential Short Sale
no
For Sale/Lease
For Sale
HOA
no
Legal
TARPON ACRES-KEY LARGO PB2-109 PT LOT 11 AND ADJ PT OF OVERSEAS HWY OR484-744/745 OR608-538E OR624-350 OR673-741 OR699-4
Net Leasable Area
3717
Number of County License
103
Number of Transient License
50
Potential Short Sale
no
Property Rights
Other/See Remarks, Transient License, Transfer Bldg Rights
Tax Year
2021
Taxes
65072.96
Tenant Paid
Cable, Water, Sewer, Electric
Terms
Buyer Obtain Finance
©2024 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but not guaranteed. Data last updated: Wednesday, April 17th, 2024 at 09:33:25 PM.
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