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99411 Overseas Highway, Key Largo, FL 33037

$3,700,000
Property Type: Commercial Sale Bedrooms: 2 Baths: 10 Lot Size (sq. ft.): 39,140 Status: Closed
Current Price: $3,700,000 List Date: 6/14/2022 Last Modified: 9/10/2024

Description

For Statistical Purposes Only. Key Largo investment opportunity. This mixed-use income-producing property commercial property is located at mile marker 99.4 in the heart of Key Largo. With approximately 250' of US 1 road frontage and just a few feet from the northbound traffic light, each business within the building gets valuable drive-by traffic exposure. The fully leased property has seen minimal tenant turnover and no extended vacancies.? Since 1996 this property has maintained almost 100% occupancy. The property has an excellent tenant mix, restaurant, financial services, retail, distillery and bar, and apartment rental. The property consists of three parcels; the building parcel and two adjacent vacant lots provide convenience for parking.

More Information MLS# 601401

Contract Information

Current Price: $3,700,000 Listing Date: 2022-06-14 Listing Board: Florida Keys Sold Price: $3,700,000 Limited Representation: No Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 99411 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Sunset Cove (99.5) County: Monroe Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 39140 sq ft Lot SqFt: 39140 Waterfront: No SqFt Source: Tax Records Year Built: 1968 Total Bedrooms: 2 Full Baths: 8 Half Baths: 2 Total Baths: 10

Status Change Info

Under Contract Date: 2022-06-14 Sold Date: 2022-06-14 Sold Price: $3,700,000 Status: Closed

Association Info

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

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Type: Office Buildings Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Municipal Sewer Appliances: No Appliances Construction: CBS Roof: Concrete Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None Property Rights: Multi-Use/Commercial
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
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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