84959 Overseas Highway, Windley Key, FL 33036 (MLS# 580268)

84959 Overseas Highway, Windley Key, FL 33036

$5,650,000

Property Type: Commercial Bedrooms: 19 Baths: 19 Square Footage: 9,228 Lot Size (sq. ft.): 105,720 Status: Closed

Current Price: $5,650,000 List Date: 5/21/2018 Last Modified: 9/10/2024

Description

A unique Islamorada oceanfront ''boutique motel'' providing immediate ocean and bay access. This art deco design offers luxury and privacy in the heart of the Sport Fishing Capital of the World. 19 Licensed transient units. Currently only renting 18. 290' of dockage, boat ramp, heated pool, Tiki huts and 65 palm trees all overlooking the Holiday Isle sandbar and Davis Reef. 10% return as is.

More Information MLS# 580268

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: $5,650,000 Listing Date: 2018-05-21 Sold Price: $5,650,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 84.9 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,VE,AE,VE Alternate Key #: 1109282 Parcel #: 00094160-000000 Zoning: SC - Sub Urban Commercial District Legal: 23 63 37 WINDLEY ISLAND PB1-50 PT LOT 8 AND ADJACENT BAY BOTTOM OR50-412/413 OR308-187/188 OR410-88/89 OR410-90 OR540-16 Taxes: 34713.44 Tax Year: 2017 Street #: 84959 Street Name: Overseas Street Suffix: Highway Key/Island: Windley Key State/Province: FL Zip Code: 33036 Subdivision: Unplatted Windley Key (88.0) County: Monroe Area: 24 - Windley Key

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 3 Lot Size: 300 x 256 Lot SqFt: 105720 Business Name: Drop Anchor Resort Total Units: 19 Off Street Parking: Yes # Stories: 2 SqFt Source: Tax Records Total # Buildings: 3 Building SqFt: 9228 Style: Commercial Living Apx SqFt: 9228 Year Built: 1958 Total Bedrooms: 19 Full Baths: 19 Total Baths: 19

Remarks & Misc

Remarks – Consumer: A unique Islamorada oceanfront ''boutique motel'' providing immediate ocean and bay access. This art deco design offers luxury and privacy in the heart of the Sport Fishing Capital of the World. 19 Licensed transient units. Currently only renting 18. 290' of dockage, boat ramp, heated pool, Tiki huts and 65 palm trees all overlooking the Holiday Isle sandbar and Davis Reef. 10% return as is. Directions: Located just 90 minutes from south Florida & the Miami airport. Walking distance to local restaurants, Theater of the Sea, Postcard Inn & Whale Harbor fishing fleets, & the Windley Key Fossil Quarry.

Deed Restrictions

No: 1

Association Info

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

License Info

# of City License: 1

Type

Hotel/Motel: 1

Fee Includes

None: 1

Misc Property Info

Recorded Plat: Yes

Dockage

Dock: Concrete Boat Ramp: 1

Appliances

Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Cooling

Wall/Window Unit(s): 1

Waterfront

Oceanfront: 1

Electric

220 Volt: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Combo: 1

Interior Features

Drapes/Blinds Incl: 1

Windows/Doors

Sliding Glass Doors: 1

Vehicle Storage

Guest Parking: 1 Off Street Parking: 1

Construction

Combo Construction: 1

Land Size

1 Less Than 2 Acres: 1

Terms

No Seller Finance: 1

Utilities

Community Swr Plant: 1 FKAA: 1

Title

Title Ins - Buyer: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1 Lobby: 1 Manager on Premises: 1 Open Water View: 1 Pool: 1 Utility Building: 1

Roof

Combo Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2018-10-03 Sold Price: $5,650,000 Status: Closed

Property Features

Deed Restrictions: No Type: Hotel/Motel Waterfront: Oceanfront Waterview: Ocean View; Open Water View Dockage: Boat Ramp Vehicle Storage: Guest Parking; Off Street Parking Cooling: Wall/Window Unit(s) Utilities: Community Swr Plant; FKAA Interior Features: Drapes/Blinds Incl Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Lobby; Manager on Premises; Open Water View; Pool; Utility Building Construction: Combo Construction Electric: 220 Volt Floor: Combo Roof: Combo Roof Land Size: 1 Less Than 2 Acres Fee Includes: None Terms: No Seller Finance Title: Title Ins - Buyer

Listing Office: Cornell Commercial Real Estate, Inc.

Last Updated: September - 10 - 2024

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