301 Overseas Highway, Big Coppitt, FL 33040 (MLS# 118140)

301 Overseas Highway, Big Coppitt, FL 33040

$900,000

Property Type: Commercial Lot Size (sq. ft.): 26,262 Status: Closed

Current Price: $900,000 List Date: 5/30/2013 Last Modified: 9/09/2024

Description

Bobalou's restaurant is currently a popular 60 seat restaurant located directly on US Highway 1 in the Lower Florida Keys. The restaurant currently has a beer license but could be expanded into a 150 seat SRX liquor license for full liquor. There is ample parking and over 175 feet of prime US 1/ Overseas Highway Frontage. The restaurant building includes a 2 BD/ 1 BA apartment in the rear of the restaurant.Potential owner financing available. Please do not disturb the restaurant.

More Information MLS# 118140

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: $900,000 Listing Date: 2013-05-30 Sold Price: $900,000

Location, Tax & Legal

KW Neighborhood: Outside of Key West City: KEY WEST Mile Marker: 10 Side: Bay/Gulf Alternate Key #: 1194697 Parcel #: 00149570-000000 Bldg Nbr: 0 Zoning: SC - Sub Urban Commercial District Taxes: 4803 Tax Year: 2013 Street #: 301 Street Name: Overseas Street Suffix: Highway Key/Island: Big Coppitt State/Province: FL Zip Code: 33040 Subdivision: Coppitt Extension (10.0) Area: 05 - Stock Island to Shark Key

General Property Description

Realtor.COM Type: Commercial Waterfront: No Lot SqFt: 26262 Business Name: Bobalu's Restaurant Total Units: 4 # Parking Spaces: 0 # Stories: 0 Building Ht. Ft.: 0 Total # Buildings: 0 Building SqFt: 5195 Style: Commercial Year Built: 1958

Remarks & Misc

Remarks – Consumer: Bobalou's restaurant is currently a popular 60 seat restaurant located directly on US Highway 1 in the Lower Florida Keys. The restaurant currently has a beer license but could be expanded into a 150 seat SRX liquor license for full liquor. There is ample parking and over 175 feet of prime US 1/ Overseas Highway Frontage. The restaurant building includes a 2 BD/ 1 BA apartment in the rear of the restaurant.Potential owner financing available. Please do not disturb the restaurant.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

License Info

2-Cop (Beer & Wine): 1

Type

Other Comrcl Style: 1 Restaurant: 1 Retail: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Cooling

Central Air: 1

Construction

CBS: 1

Land Size

1/2 - Less Than 1 AC: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Property Rights

Beverage License: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2014-07-14 Sold Price: $900,000 Status: Closed

Property Features

Deed Restrictions: Unknown License Info: 2-Cop (Beer & Wine) Type: Other Comrcl Style; Restaurant; Retail Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility; Highway Frontage Construction: CBS Land Size: 1/2 - Less Than 1 AC Property Rights: Beverage License

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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