82779 Old Highway, Upper Matecumbe Key Islamorada, FL 33036 (MLS# 610696)

82779 Old Highway, Upper Matecumbe Key Islamorada, FL 33036

$72,000,000

Property Type: Commercial Baths: 2 Square Footage: 1,600 Lot Size (sq. ft.): 252,730 Status: Closed

Current Price: $72,000,000 List Date: 7/08/2024 Last Modified: 9/10/2024

Description

The Islands of Islamorada luxury resort is a well-appointed enclave of 22 waterfront villas, each offering four bedrooms, full kitchens, and outdoor recreation space. For smaller parties, The Islands offers eight one-bedroom hotel suites with ocean views. Open, airy, and light, this luxury hotel resonates with the splendor of its awe-inspired beachside setting. Located in the upper Keys, guests can drive, boat, or land by seaplane right outside our unique island sanctuary.

More Information MLS# 610696

Contract Information

Listing Board: Florida Keys Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $72,000,000 Listing Date: 2024-07-02 Sold Price: $72,000,000

Location, Tax & Legal

City: ISLAMORADA Mile Marker: 83.2 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,VE,AE,VE,VE,AE Alternate Key #: 1496618 Parcel #: 00404340-000000 Zoning: TC - Tourist Commercial Legal: THE RUSSELL EST PB2-14-15 UPPER MATECUMBE TR 28-31 AND ADJ BAY BTM AND PT ADJ 40 FT RD G53-491/92 OR25-469 OR100-509(II Taxes: 185185.11 Tax Year: 2023 Street #: 82779 Street Name: Old Street Suffix: Highway Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33036 Subdivision: Russell Estates (83.2) County: Monroe Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 4 Lot Size: 5.8 ac Lot SqFt: 252730 Total Units: 0 Building SqFt: 65430 Style: Commercial Living Apx SqFt: 1600 Year Built: 2020 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: The Islands of Islamorada luxury resort is a well-appointed enclave of 22 waterfront villas, each offering four bedrooms, full kitchens, and outdoor recreation space. For smaller parties, The Islands offers eight one-bedroom hotel suites with ocean views. Open, airy, and light, this luxury hotel resonates with the splendor of its awe-inspired beachside setting. Located in the upper Keys, guests can drive, boat, or land by seaplane right outside our unique island sanctuary.

Association Info

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

License Info

# of Transient Licns: 30

Type

Hotel/Motel: 1

Fee Includes

None: 1

Dockage

Dock: Concrete

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Vehicle Storage

Garage: 1

Construction

CBS: 1

Land Size

5 Less Than 10 Acres: 1

Utilities

Municipal Sewer: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2024-07-03 Sold Price: $72,000,000 Status: Closed

Property Features

Type: Hotel/Motel Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Vehicle Storage: Garage Utilities: Municipal Sewer Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Construction: CBS Land Size: 5 Less Than 10 Acres Fee Includes: None

Listing Office: Ocean Sotheby's International Realty

Last Updated: September - 10 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.