95320 Overseas Highway, Key Largo, FL 33037
$3,500,000
Property Type:
Commercial
Bedrooms:
23
Baths:
22.1
Square Footage:
8,887
Lot Size (sq. ft.):
68,825
Status:
Closed
Current Price:
$3,500,000
List Date:
11/04/2016
Last Modified:
3/10/2025
Description
Stoneledge Paradise Inn represents true ''Old Florida Keys Charm''. This active, bay-front, 21 unit Motel, has a direct water-front, 3 bedroom/2 bath unit with outside patio area. At 1.53 acres, the property has a developed beach front area with steps leading into the designated swimming area, boat ramp, 110 ft dock with 50 ft T-head, Kayak storage/launch, sanctuary (meditation area), plenty of
Supplements: parking, trailer storage area, property manager work shed, manager's apartment, room for a pool, barbecue areas, 2 covered picnic areas, and much more. The 2 over-water huts provide a great place to relax and watch the sunset year round. With the highest ADRs (Average Daily Rates) in the State of Florida, this charming Keys commercial property is a great investment.
More Information MLS# 572614
Contract Information
Current Price: $3,500,000
Listing Date: 2016-11-04
Listing Board: Florida Keys
Sold Price: $3,500,000
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 #: 95320
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Southcliff Ests (95.0)
County: Monroe
Area: 26 - Key Largo S of MM 96.9
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 68825
Waterfront: Yes
Control Depth: 3
Business Name: Stone Ledge Paradise
# Stories: 1
Building SqFt: 8887
SqFt Source: Tax Records
Living Apx SqFt: 8887
Year Built: 1956
Total Bedrooms: 23
Full Baths: 22
Half Baths: 1
Total Baths: 22.1
Status Change Info
Sold Date: 2017-02-02
Sold Price: $3,500,000
Status: Closed
License Info
# of Transient Licns: 20
Association Info
Mandatory Home Owners Asc: No
Dockage
Dock: Wood
Dock Length: 100
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: Unknown
Type: Hotel/Motel
Waterfront: Bay Front
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Ramp
Vehicle Storage: Common Parking; Trailer Storage
Cooling: Heat Pump
Utilities: Buyer to Verify; FKAA
Appliances: Range; Refrigerator
Miscellaneous: Chickee Hut; Fencing; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Open Water View; Residence on Premise; Shuffleboard Court; Utility Building
Construction: CBS; Combo Construction
Land Size: 1 Less Than 2 Acres
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Property Rights: Tranfrble Dev Right
Listing Office: The Firm Realty Group
Last Updated: March - 10 - 2025
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