82749 OVERSEAS Highway, Upper Matecumbe Key Islamorada, FL 33036

$8,800,000
Property Type: Commercial Bedrooms: 36 Baths: 37 Square Footage: 20,666 Lot Size (sq. ft.): 97,269 Status: Closed
Current Price: $8,800,000 List Date: 1/26/2014 Last Modified: 9/10/2024

Description

A great opportunity to own one of Islamorada's most successful Hotels; Property is located from Highway to the Atlantic Ocean; This is a rare offer and one that provides for a number of different scenarios; 37 Transient Rights with Beer Wine License; Boat basin, docks, Tiki,Owned Bay bottom; Food court, in process of adding small restaurant; This is a Branded Hotel Motel.

More Information MLS# 563247

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $8,800,000 Listing Date: 2014-01-25 Sold Price: $8,800,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 82.5 Side: Ocean Alternate Key #: 1493651 Parcel #: 00401310-000000 Zoning: VC - Village Center Legal: STRATTONS SUBD PB 2-38 UPPER MATECUMBE PT LOT 9 SQR 12 AND ADJ BAY BTM (II 22872) AND PT TR 34 THE RUSSELL EST PB2-14-1 Taxes: 39190.4 Tax Year: 2013 Street #: 82749 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: 34 Lot Size: 200.0 ft x 300.0 ft Lot SqFt: 97269 Total Units: 35 SqFt Source: Tax Records Style: Misc Prop Rights Living Apx SqFt: 20666 Year Built: 1954 Total Bedrooms: 36 Full Baths: 37 Total Baths: 37

Remarks & Misc

Remarks – Consumer: A great opportunity to own one of Islamorada's most successful Hotels; Property is located from Highway to the Atlantic Ocean; This is a rare offer and one that provides for a number of different scenarios; 37 Transient Rights with Beer Wine License; Boat basin, docks, Tiki,Owned Bay bottom; Food court, in process of adding small restaurant; This is a Branded Hotel Motel.

Deed Restrictions

No: 1

Association Info

Mandatory Home Owners Asc: No

License Info

# of Transient Licns: 36

Type

Hotel/Motel: 1

Fee Includes

Bldg Exterior Mnt: 1 Cable: 1 Exterminating: 1 Sewer: 1

Misc Property Info

Recorded Plat: Yes

Dockage

Basin: 1 Boat Ramp: 1

Appliances

Range: 1 Refrigerator: 1

Property Info

License Included: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Oceanfront: 1

Waterview

Ocean View: 1 Open Water View: 1 No Waterview: 1

Floor

Carpet: 1 Tile: 1

Vehicle Storage

Covered Parking: 1 Guest Parking: 1 Common Parking: 1 Trailer Storage: 1

Construction

CBS: 1

Land Size

1 Less Than 2 Acres: 1

Terms

Buyer Obtain Finance: 1

Utilities

Individual Swr Plant: 1

Title

Title Ins - Buyer: 1

Property Rights

Transient License: 1

Miscellaneous

Chickee Hut: 1 Elevator: 1 Fencing: 1 Handicap Access: 1 High Traffc Location: 1 High Visibility: 1 Lobby: 1 Open Water View: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2017-07-26 Sold Price: $8,800,000 Status: Closed

Property Features

Deed Restrictions: No Property Info: License Included Type: Hotel/Motel Waterfront: Oceanfront Waterview: Ocean View; Open Water View; No Waterview Dockage: Basin; Boat Ramp Vehicle Storage: Common Parking; Covered Parking; Guest Parking; Trailer Storage Cooling: Ceiling Fans(s); Central Air Utilities: Individual Swr Plant Appliances: Range; Refrigerator Miscellaneous: Chickee Hut; Elevator; Fencing; Handicap Access; High Traffc Location; High Visibility; Lobby; Open Water View Construction: CBS Floor: Carpet; Tile Land Size: 1 Less Than 2 Acres Fee Includes: Bldg Exterior Mnt; Cable; Exterminating; Sewer Terms: Buyer Obtain Finance Title: Title Ins - Buyer Property Rights: Transient License
Listing Office: Moorings Realty, Inc
Last Updated: September - 10 - 2024
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