5130 Overseas Highway, Stock Island, FL 33040 (MLS# 119408)

5130 Overseas Highway, Stock Island, FL 33040

$3,550,000

Virtual Tour

http://www.visualtour.com/shownp.asp?sk=202&t=3266898

Property Type: Business Opportunity Lot Size (sq. ft.): 269,613 Status: Closed

Current Price: $3,550,000 List Date: 2/19/2014 Last Modified: 5/15/2020

Description

Rarely available the premier Light Tackle & Flats Fishing Marina in Key West on Stock Island! Favorable long term land lease of 6.1 acres of uplands & bay bottom. Incredible 800' of US hwy 1 frontage with access & visibility from both N. & S. Bound traffic. Total of 42 wet slips & 64 dry slips (52 in covered boat barn) 100% leased, plus large volume of fuel sales. Property also includes leases to bait & tackle shop, watersports businesses, & lease to 150 Seat Waterfront Restaurant & Bar. Large vacant lot for expansion could include new covered boat barn, full service car & boat wash, more retail & affordable apts., Boat & Outboard motor sales & service & more.

More Information MLS# 119408

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Current Price: $3,550,000 Listing Date: 2014-02-19 Sold Price: $3,550,000

Location, Tax & Legal

KW Neighborhood: Outside of Key West City: OTHER Mile Marker: 5 Side: Ocean Alternate Key #: 1157643 Bldg Nbr: 0 Zoning: MU - Mixed Use District Legal: As per Monroe County Tax Records, Leasehold only Alt #s 1157643, 1167100 & 8881797 Taxes: 20657 Tax Year: 2013 Street #: 5130 Street Name: Overseas Street Suffix: Highway Key/Island: Stock Island State/Province: FL Zip Code: 33040 Subdivision: Sunkrest (5.0) County: Monroe Area: 05 - Stock Island to Shark Key

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 4 Lot Size: irregular Lot SqFt: 269613 Business Name: Hurricane Hole Year Established: 2003-01-01 # Parking Spaces: 60 # Stories: 2 Building Ht. Ft.: 25 Total # Buildings: 5 Building SqFt: 10773 Style: Business Opportunity Year Built: 2003

Remarks & Misc

Remarks – Consumer: Rarely available the premier Light Tackle & Flats Fishing Marina in Key West on Stock Island! Favorable long term land lease of 6.1 acres of uplands & bay bottom. Incredible 800' of US hwy 1 frontage with access & visibility from both N. & S. Bound traffic. Total of 42 wet slips & 64 dry slips (52 in covered boat barn) 100% leased, plus large volume of fuel sales. Property also includes leases to bait & tackle shop, watersports businesses, & lease to 150 Seat Waterfront Restaurant & Bar. Large vacant lot for expansion could include new covered boat barn, full service car & boat wash, more retail & affordable apts., Boat & Outboard motor sales & service & more. Directions: On US Hwy 1 just past the Cow Key Bridge, across the street from the Golf Course

Type

Boat Care: 1 Boat Sales/Service: 1 Gas Station: 1 Marina: 1 Mixed Use: 1 Restaurant: 1 Retail: 1

Dockage

Dock: Other Assigned Dock: 1 Basin: 1 Boat Lift: 1 Boat Slip: 1 Dock Privileges: 1 Seawall: Other

Cooling

Heat Pump: 1

Electric

Circuit Breakers: 1

Waterview

Ocean View: 1

Floor

Concrete: 1 Tile: 1 Wood: 1

Construction

CBS: 1 Frame: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Miscellaneous

Elevator: 1 Fencing: 1 High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1 Patio: 1 Storage: 1 Utility Building: 1

Roof

Metal Roof: 1 Tile Roof: 1

Financial Status

Potential Short Sale: No

Status Change Info

Sold Date: 2014-11-07 Sold Price: $3,550,000 Status: Closed

Property Features

Type: Boat Care; Boat Sales/Service; Gas Station; Marina; Mixed Use; Restaurant; Retail Cooling: Heat Pump Electric: Circuit Breakers Floor: Concrete; Tile; Wood Construction: CBS; Frame Dockage: Assigned Dock; Basin; Boat Lift; Boat Slip; Dock Privileges Roof: Metal Roof; Tile Roof Utilities: FKAA; Municipal Sewer Waterview: Ocean View Miscellaneous: Elevator; Fencing; High Traffc Location; High Visibility; Highway Frontage; Patio; Storage; Utility Building

Listing Office: RE/MAX Keys Connection (KW)

Last Updated: May - 15 - 2020

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