3574 Overseas Highway 1-9, Marathon, FL 33050
$2,350,000
Property Type:
Commercial Sale
Baths:
0.4
Lot Size (sq. ft.):
39,894
Status:
Closed
Current Price:
$2,350,000
List Date:
11/28/2018
Last Modified:
9/09/2024
Description
Tremendous Opportunity to Purchase Real Estate and totally renovated Building with profitable Rest., Bar and Liquor store businesses. Great visibility on Overseas Hwy with Billboard.
Current owners completely renovated the property in 2016 & 2017. Sale includes all newly purchased Furniture, Fixtures & Restaurant & Liquor store Equipment & coolers, plus valuable 5 COP unrestricted Liquor License & approx. $100,000 in Inventory. Also, 2 Transient Lic. and 2 Rogo Units. Licensed for 157 Seats with Indoor & Outdoor Bar & seating. Businesses have not been optimized or stabilized. Room to substantially grow.
More Information MLS# 582980
Contract Information
Current Price: $2,350,000
Listing Date: 2018-11-28
Listing Board: Key West Association
Sold Price: $2,350,000
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Location Tax Legal
Street #: 3574
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Marathon Beach (49.0)
County: Monroe
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: Irregular .92 Acres
Lot SqFt: 39894
Waterfront: No
Business Name: Overseas Wine Spirit
Year Established: 1936-12-31
# Parking Spaces: 30+
Off Street Parking: Yes
# Stories: 2
Total # Buildings: 1
Building SqFt: 8413
SqFt Source: Tax Records
Total Units: 1
Year Built: 1953
Half Baths: 4
Total Baths: 0.4
Status Change Info
Under Contract Date: 2019-05-02
Sold Date: 2019-05-22
Sold Price: $2,350,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Type: Restaurant; Retail
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: Buyer to Verify; Municipal Sewer
Appliances: Dishwasher; Range; Refrigerator
Construction: CBS
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: September - 09 - 2024
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