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92530 Overseas Highway, Key Largo, FL 33070

$3,825,000
Property Type: Commercial Sale Bedrooms: 12 Baths: 11 Square Footage: 1,640 Lot Size (sq. ft.): 43,865 Status: Closed
Current Price: $3,825,000 List Date: 9/15/2020 Last Modified: 9/10/2024

Description

Tucked between Key Largo and Islamorada in the upper Florida Keys, the Island Bay Resort is a Florida Keys hidden treasure with direct Bay / Ocean Views. This ten-cottage resort offers beachfront bay views plus access to a two bedroom owners apartment. Each cottage is a self-contained unit, with efficiency (studio) and one-and two-bedroom cottages available with King and Queen size beds. Each Cottage / Bungalow has colorful quilted bed coverings, kitchenette with sink and mini-fridge, sitting table with two chairs, cozy bathroom with white wood and wicker furniture, bright colors, tile floors, the decor places you immediately in a tropic vibe and ready for guests to enjoy Pina Colada's on their private deck with a Bay View.

More Information MLS# 592582

Contract Information

Current Price: $3,825,000 Listing Date: 2020-09-14 Listing Board: Florida Keys Sold Price: $3,825,000 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 #: 92530 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33070 Subdivision: Unplatted Lower K.L. (92.0) County: Monroe Area: 26 - Key Largo S of MM 96.9

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 1.00700 of one acre Lot SqFt: 43865 Waterfront: Yes Control Depth: 3 Business Name: Island Bay Resort Year Established: 2000-12-01 # Parking Spaces: 15 Off Street Parking: yes # Stories: 1 Total # Buildings: 4 Building SqFt: 4170 SqFt Source: Tax Records Living Apx SqFt: 1640 Total Units: 11 Year Built: 1955 Total Bedrooms: 12 Full Baths: 11 Total Baths: 11

Status Change Info

Under Contract Date: 2020-12-20 Sold Date: 2021-03-12 Sold Price: $3,825,000 Status: Closed

License Info

# of Transient Licns: 10

Association Info

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

Property Info

# Boat Slips: 1 # Kitchens: 11 # Refrigerators: 11 # Washers: 4 # Dishwashers: 1

Appliances

Other: Microwave

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Property Info: License Included Type: Apartment 3 or more; Office Buildings Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Assigned Dock; Boat Lift; Dock Privileges Vehicle Storage: Common Parking; Off Street Parking Cooling: Ceiling Fans(s); Heat Pump Utilities: Buyer to Verify; FKAA; Municipal Sewer; Propane Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Split Bedroom; Window Treatments Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: Handicap Access; Lobby; Manager on Premises; Open Water View; Patio; Residence on Premise; Storage Construction: CBS; Other Electric: Circuit Breakers Shutters: Accordion Floor: Tile Roof: Tin Roof Land Size: 1 Less Than 2 Acres Fee Includes: Building Insurance; Common Area Mnt; Exterminating; Sewer; Water Terms: Buyer Obtain Finance; Exchange; Other Financing Title: Title Ins - Buyer
Listing Office: The Keyes Company
Last Updated: September - 10 - 2024
Broker Attribution: 7864864048

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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