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82216 Overseas Highway 19, Upper Matecumbe Key Islamorada, FL 33036

$5,175,000
Property Type: Commercial Bedrooms: 20 Baths: 20 Lot Size (sq. ft.): 43,000 Status: Closed
Current Price: $5,175,000 List Date: 10/04/2016 Last Modified: 4/11/2025

Description

Owner want's it sold. He is ready to go play golf. Located In the heart of Islamorada,one of the few Retro Motels left in the Keys. A fresh opportunity to bring a true boutique style destination Motel to Islamorada. Includes Manager's apartment and efficiency.Total. of 22 rooms. High occupancy rate and steady income. With Bay-front views and the most magnificent sunsets ever in the Keys. Bring us your offers.

More Information MLS# 572215

Contract Information

Current Price: $5,175,000 Listing Date: 2016-10-03 Listing Board: Florida Keys Sold Price: $5,175,000 Limited Representation: Yes As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes

Location Tax Legal

Street #: 82216 Street Name: Overseas Street Suffix: Highway Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33036 Subdivision: Strattons (82.5) County: Monroe Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot SqFt: 43000 Waterfront: Yes Control Depth: 5 Business Name: LAJOLLA RESORT&MARIN Year Established: 1957-12-31 # Stories: 2 Year Built: 1957 Total Bedrooms: 20 Full Baths: 20 Total Baths: 20

Status Change Info

Sold Date: 2017-10-10 Sold Price: $5,175,000 Status: Closed

License Info

# of Transient Licns: 20

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: Yes

Misc Property Info

Recorded Plat: Yes

Property Info

# Boat Slips: 10 # Kitchens: 16 # Efficiencies: 1

Dockage

Dock: Concrete Seawall: Concrete

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Deed Restrictions: Unknown Type: Apartment 3 or more; Hotel/Motel Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Boat Slip; First Come Dock Vehicle Storage: Covered Parking; Off Street Parking Utilities: FKAA; Septic Tank Miscellaneous: Lobby; Open Water View; Patio; Pool Construction: CBS; Combo Construction; Concrete Electric: Circuit Breakers Floor: Terrazzo; Tile Roof: Concrete Roof Land Size: 1 Less Than 2 Acres Fee Includes: Other Terms: No Seller Finance Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: April - 11 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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