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84959 Overseas Highway, Windley Key, FL 33036

$5,650,000
Property Type: Commercial Sale Bedrooms: 19 Baths: 19 Square Footage: 9,228 Lot Size (sq. ft.): 105,720 Status: Closed
Current Price: $5,650,000 List Date: 5/21/2018 Last Modified: 9/10/2024

Description

A unique Islamorada oceanfront ''boutique motel'' providing immediate ocean and bay access. This art deco design offers luxury and privacy in the heart of the Sport Fishing Capital of the World. 19 Licensed transient units. Currently only renting 18. 290' of dockage, boat ramp, heated pool, Tiki huts and 65 palm trees all overlooking the Holiday Isle sandbar and Davis Reef. 10% return as is.

More Information MLS# 580268

Contract Information

Current Price: $5,650,000 Listing Date: 2018-05-21 Listing Board: Florida Keys Sold Price: $5,650,000 Limited Representation: No As is Rght to Inspct: Yes For Sale/Lease: For Sale Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 84959 Street Name: Overseas Street Suffix: Highway Key/Island: Windley Key State/Province: FL Zip Code: 33036 Subdivision: Unplatted Windley Key (88.0) County: Monroe Area: 24 - Windley Key

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 300 x 256 Lot SqFt: 105720 Waterfront: Yes Control Depth: 3 Business Name: Drop Anchor Resort Off Street Parking: Yes # Stories: 2 Total # Buildings: 3 Building SqFt: 9228 SqFt Source: Tax Records Living Apx SqFt: 9228 Total Units: 19 Year Built: 1958 Total Bedrooms: 19 Full Baths: 19 Total Baths: 19

Status Change Info

Under Contract Date: 2018-07-20 Sold Date: 2018-10-03 Sold Price: $5,650,000 Status: Closed

License Info

# of City License: 1

Association Info

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

Misc Property Info

Recorded Plat: Yes

Dockage

Dock: Concrete

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Deed Restrictions: No Type: Hotel/Motel Waterfront: Oceanfront Waterview: Ocean View; Open Water View Dockage: Boat Ramp Vehicle Storage: Guest Parking; Off Street Parking Cooling: Wall/Window Unit(s) Utilities: Community Swr Plant; FKAA Interior Features: Drapes/Blinds Incl Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Lobby; Manager on Premises; Open Water View; Pool; Utility Building Construction: Combo Construction Electric: 220 Volt Floor: Combo Roof: Combo Roof Land Size: 1 Less Than 2 Acres Fee Includes: None Terms: No Seller Finance Title: Title Ins - Buyer
Listing Office: Cornell Commercial Real Estate, Inc.
Last Updated: September - 10 - 2024
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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