27340 Overseas Highway, Ramrod Key, FL 33042 (MLS# 116613)

27340 Overseas Highway, Ramrod Key, FL 33042

$2,500,000

Virtual Tour

http://www.visualtour.com/shownp.asp?sk=13&t=2817718

Property Type: Commercial Lot Size (sq. ft.): 72,845 Status: Closed

Current Price: $2,500,000 List Date: 6/14/2012 Last Modified: 9/09/2024

Description

Property currently operated by a Receiver and is Bank Owned. Profitable Businesses & Real Estate on Ramrod Key. This Resort services world famous Looe Key Reef. Turn-key Resort is fully operational, including a 24 room waterfront hotel with Dive Shop and a Custom Dive Boat and a 124 seat Bar/Restaurant with a full 6COP Monroe County Liquor License. This is a Destination Resort as well as a locals favorite.

More Information MLS# 116613

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $2,500,000 Listing Date: 2012-06-14 Sold Price: $2,500,000

Location, Tax & Legal

KW Neighborhood: Outside of Key West City: OTHER Mile Marker: 27 Side: Ocean Alternate Key #: 1264229 Parcel #: 00200900-000000 Bldg Nbr: 0 Zoning: SC - Sub Urban Commercial District Legal: Breezeswept Beach Est Pb4-143 Ramrod Key Lts 10-13 & Pt Lt 14 Blk 1 & as per Monroe County Tax Recds Taxes: 27981 Tax Year: 2011 Street #: 27340 Street Name: Overseas Street Suffix: Highway Key/Island: Ramrod Key State/Province: FL Zip Code: 33042 Subdivision: Breezeswept Bch Est (27.5) Area: 09 - Ramrod Key

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 4 Lot SqFt: 72845 Business Name: Looe Key Reef Resort # Parking Spaces: 0 # Stories: 2 Building Ht. Ft.: 25 Total # Buildings: 3 Building SqFt: 33998 Style: Commercial Year Built: 1958

Remarks & Misc

Remarks – Consumer: Property currently operated by a Receiver and is Bank Owned. Profitable Businesses & Real Estate on Ramrod Key. This Resort services world famous Looe Key Reef. Turn-key Resort is fully operational, including a 24 room waterfront hotel with Dive Shop and a Custom Dive Boat and a 124 seat Bar/Restaurant with a full 6COP Monroe County Liquor License. This is a Destination Resort as well as a locals favorite. Directions: On US Hwy 1 at mile market 27.4, oceanside.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

License Info

# of Transient Licns: 2 5-Cop (Transferable): 1

Type

Boat Care: 1 Hotel/Motel: 1 Marina: 1 Office Buildings: 1 Restaurant: 1 Other Services: 1

Dockage

Dock: Other

Property Info

Gross Annual Expense: 0 NOI: 0

Cooling

Heat Pump: 1

Waterfront

Canal Front: 1

Electric

Circuit Breakers: 1

Waterview

Canal View: 1

Floor

Combo: 1

Construction

Combo Construction: 1

Land Size

1 Less Than 2 Acres: 1

Utilities

Community Swr Plant: 1 FKAA: 1 Propane: 1

Title

Negotiable: 1

Property Rights

Beverage License: 1

Miscellaneous

Chickee Hut: 1 Fencing: 1 High Visibility: 1 Highway Frontage: 1 Lobby: 1 Manager on Premises: 1 Patio: 1 Pool: 1 Utility Building: 1

Roof

Combo Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2013-03-29 Sold Price: $2,500,000 Status: Closed

Property Features

Deed Restrictions: Unknown License Info: 5-Cop (Transferable) Type: Boat Care; Hotel/Motel; Marina; Office Buildings; Restaurant; Other Services Waterfront: Canal Front Waterview: Canal View Cooling: Heat Pump Utilities: Community Swr Plant; FKAA; Propane Miscellaneous: Chickee Hut; Fencing; High Visibility; Highway Frontage; Lobby; Manager on Premises; Patio; Pool; Utility Building Construction: Combo Construction Electric: Circuit Breakers Floor: Combo Roof: Combo Roof Land Size: 1 Less Than 2 Acres Title: Negotiable Property Rights: Beverage License

Listing Office: At Home in Key West, Inc.

Last Updated: September - 09 - 2024

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