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90611 Old Highway, Plantation Key, FL 33070

$12,500,000
Property Type: Commercial Bedrooms: 42 Baths: 44 Lot Size (sq. ft.): 64,020 Status: Closed
Current Price: $12,500,000 List Date: 9/11/2019 Last Modified: 9/10/2024

Description

Fl. Keys, Islamorada, boutique 47 transient development rights. 42 all concrete existing canal front motel units, 2 pools and restaurant on 650 ft of canal front dockage. The entire resort has been luxuriously remodeled. Silent A/Cs in every room. Private balconies and room side dockage. Ideal for additional revenue sources: Dive/Snorkel boats, Fishing charters, Boat rentals or House Boats. Keys motels have the highest occupancy rates and ADR's in the country. Since the Covid reopening business has been even better than in 2019. Reference the document section of the listing for a CA in order to receive their financials Creekside Inn is 1 hour south of Miami just south of Tavernier Creek which provides immediate ocean or bay access to the Sports Fishing and Dive Capitol of the World.

More Information MLS# 587284

Contract Information

Current Price: $12,500,000 Listing Date: 2019-08-16 Listing Board: Florida Keys Sold Price: $12,500,000 Limited Representation: No As is Rght to Inspct: Yes For Sale/Lease: For Sale Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 90611 Street Name: Old Highway Key/Island: Plantation Key State/Province: FL Zip Code: 33070 Subdivision: Boatmans Colony (90.5) County: Monroe Area: 25 - Plantation Key

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 64020 Lot SqFt: 64020 Waterfront: Yes Control Depth: 5 Year Established: 2011-09-01 # Parking Spaces: 60 # Stories: 2 Total # Buildings: 4 Building SqFt: 25825 SqFt Source: Property Data Card Total Units: 47 Year Built: 1973 Total Bedrooms: 42 Full Baths: 42 Half Baths: 2 Total Baths: 44

Status Change Info

Sold Date: 2021-07-15 Sold Price: $12,500,000 Status: Closed

Association Info

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

Dockage

Dock: Concrete Dock Length: 650 Seawall: Concrete

Appliances

Other: Mini Refrigerators

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Deed Restrictions: No License Info: 2-Cop (Beer & Wine) Type: Hotel/Motel; Restaurant Waterfront: Canal Front Waterview: Canal View Vehicle Storage: Common Parking; Off Street Parking Cooling: Central Air; Heat Pump Utilities: FKAA; Propane Interior Features: Furnished; Laundry Room; Smoke Alarms Miscellaneous: Chickee Hut; Fencing; Handicap Access; High Traffc Location; Highway Frontage; Pool; Security System Construction: CBS; Concrete Electric: Circuit Breakers Floor: Tile Roof: Combo Roof Land Size: 1 Less Than 2 Acres Fee Includes: Other Terms: No Seller Finance Property Rights: Beverage License
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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