82216 Overseas Highway 19, Upper Matecumbe Key Islamorada, FL 33036 (MLS# 572215)

82216 Overseas Highway 19, Upper Matecumbe Key Islamorada, FL 33036

$5,175,000

Property Type: Commercial Bedrooms: 20 Baths: 20 Lot Size (sq. ft.): 43,000 Status: Closed

Current Price: $5,175,000 List Date: 10/04/2016 Last Modified: 4/11/2025

Description

Owner want's it sold. He is ready to go play golf. Located In the heart of Islamorada,one of the few Retro Motels left in the Keys. A fresh opportunity to bring a true boutique style destination Motel to Islamorada. Includes Manager's apartment and efficiency.Total. of 22 rooms. High occupancy rate and steady income. With Bay-front views and the most magnificent sunsets ever in the Keys. Bring us your offers.

More Information MLS# 572215

Contract Information

Listing Board: Florida Keys Limited Representation: Yes As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes Current Price: $5,175,000 Listing Date: 2016-10-03 Sold Price: $5,175,000

Location, Tax & Legal

Unit #: 19 City: ISLAMORADA Off Shore Island: No Mile Marker: 82.5 Side: Bay/Gulf Flood Zone: X to AE9 Alternate Key #: 1492094 Add'l Parcel #1: 00094880000000286337 Parcel #: 00399830-000000 Zoning: HC - Highway Commercial Legal: 100H- Highway Commercial Taxes: 27551 Tax Year: 2015 Street #: 82216 Street Name: Overseas Street Suffix: Highway Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33036 Subdivision: Strattons (82.5) County: Monroe Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 5 Lot SqFt: 43000 Business Name: LAJOLLA RESORT&MARIN Year Established: 1957-12-31 # Stories: 2 Style: Commercial Year Built: 1957 Total Bedrooms: 20 Full Baths: 20 Total Baths: 20

Remarks & Misc

Remarks – Consumer: Owner want's it sold. He is ready to go play golf. Located In the heart of Islamorada,one of the few Retro Motels left in the Keys. A fresh opportunity to bring a true boutique style destination Motel to Islamorada. Includes Manager's apartment and efficiency.Total. of 22 rooms. High occupancy rate and steady income. With Bay-front views and the most magnificent sunsets ever in the Keys. Bring us your offers. Directions: At Mile Marker 82.3 - Bayside look for Backcountry Cowboy Shop. Gated Drive is just two gates South. Legal: STRATTONS SUBD PB 2-38 UPPER MATECUMBE LOT 3 SQR 6 G24-94 G26-492 OR302-584/85 OR182-8

Deed Restrictions

Unknown: 1

Association Info

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

License Info

# of Transient Licns: 20

Type

Apartment 3 or more: 1 Hotel/Motel: 1

Fee Includes

Other: 1

Misc Property Info

Recorded Plat: Yes

Dockage

Dock: Concrete Boat Slip: 1 First Come Dock: 1 Seawall: Concrete

Property Info

# Boat Slips: 10 # Kitchens: 16 # Efficiencies: 1

Waterfront

Bay Front: 1 Gulf Front: 1 Open Water: 1

Electric

Circuit Breakers: 1

Waterview

Bay/Gulf View: 1 Open Water View: 1

Floor

Terrazzo: 1 Tile: 1

Windows/Doors

Aluminum Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Covered Parking: 1 Off Street Parking: 1

Construction

CBS: 1 Combo Construction: 1 Concrete: 1

Land Size

1 Less Than 2 Acres: 1

Terms

No Seller Finance: 1

Utilities

FKAA: 1 Septic Tank: 1

Title

Title Ins - Buyer: 1

Miscellaneous

Lobby: 1 Open Water View: 1 Patio: 1 Pool: 1

Roof

Concrete Roof: 1

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2017-10-10 Sold Price: $5,175,000 Status: Closed

Property Features

Deed Restrictions: Unknown Type: Apartment 3 or more; Hotel/Motel Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Boat Slip; First Come Dock Vehicle Storage: Covered Parking; Off Street Parking Utilities: FKAA; Septic Tank Miscellaneous: Lobby; Open Water View; Patio; Pool Construction: CBS; Combo Construction; Concrete Electric: Circuit Breakers Floor: Terrazzo; Tile Roof: Concrete Roof Land Size: 1 Less Than 2 Acres Fee Includes: Other Terms: No Seller Finance Title: Title Ins - Buyer

Listing Office: Ocean Sotheby's International Realty

Last Updated: April - 11 - 2025

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