92530 Overseas Highway, Key Largo, FL 33070

$3,825,000
Property Type: Commercial Bedrooms: 12 Baths: 11 Square Footage: 1,640 Lot Size (sq. ft.): 43,865 Status: Closed
Current Price: $3,825,000 List Date: 9/15/2020 Last Modified: 9/10/2024

Description

Tucked between Key Largo and Islamorada in the upper Florida Keys, the Island Bay Resort is a Florida Keys hidden treasure with direct Bay / Ocean Views. This ten-cottage resort offers beachfront bay views plus access to a two bedroom owners apartment. Each cottage is a self-contained unit, with efficiency (studio) and one-and two-bedroom cottages available with King and Queen size beds. Each Cottage / Bungalow has colorful quilted bed coverings, kitchenette with sink and mini-fridge, sitting table with two chairs, cozy bathroom with white wood and wicker furniture, bright colors, tile floors, the decor places you immediately in a tropic vibe and ready for guests to enjoy Pina Colada's on their private deck with a Bay View.

More Information MLS# 592582

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: $3,825,000 Listing Date: 2020-09-14 Sold Price: $3,825,000

Location, Tax & Legal

City: Tavernier Off Shore Island: No Mile Marker: 92 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,AE,VE Alternate Key #: 1605581 Parcel #: 00490150-000000 Zoning: SC - Sub Urban Commercial District Legal: PLAT OF SURVEY OF ELLIS PROPERTY KEY LARGO PB2-99 S 100FT OF N 200FT TRACT 1 OR476-118 OR687-417 OR710-511 OR789-1184 OR Taxes: 22808.7 Tax Year: 2019 Street #: 92530 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33070 Subdivision: Unplatted Lower K.L. (92.0) County: Monroe Area: 26 - Key Largo S of MM 96.9

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 3 Lot Size: 1.00700 of one acre Lot SqFt: 43865 Business Name: Island Bay Resort Total Units: 11 Year Established: 2000-12-01 # Parking Spaces: 15 Off Street Parking: yes # Stories: 1 SqFt Source: Tax Records Total # Buildings: 4 Building SqFt: 4170 Style: Commercial Living Apx SqFt: 1640 Year Built: 1955 Total Bedrooms: 12 Full Baths: 11 Total Baths: 11

Remarks & Misc

Remarks – Consumer: Tucked between Key Largo and Islamorada in the upper Florida Keys, the Island Bay Resort is a Florida Keys hidden treasure with direct Bay / Ocean Views. This ten-cottage resort offers beachfront bay views plus access to a two bedroom owners apartment. Each cottage is a self-contained unit, with efficiency (studio) and one-and two-bedroom cottages available with King and Queen size beds. Each Cottage / Bungalow has colorful quilted bed coverings, kitchenette with sink and mini-fridge, sitting table with two chairs, cozy bathroom with white wood and wicker furniture, bright colors, tile floors, the decor places you immediately in a tropic vibe and ready for guests to enjoy Pina Colada's on their private deck with a Bay View. Directions: Between Mile Marker 92 and 93

Association Info

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

License Info

# of Transient Licns: 10

Type

Apartment 3 or more: 1 Office Buildings: 1

Fee Includes

Building Insurance: 1 Common Area Mnt: 1 Exterminating: 1 Sewer: 1 Water: 1

Dockage

Assigned Dock: 1 Boat Lift: 1 Dock Privileges: 1

Appliances

Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1 Other: Microwave

Property Info

# Boat Slips: 1 # Kitchens: 11 # Refrigerators: 11 # Washers: 4 # Dishwashers: 1 License Included: 1

Cooling

Ceiling Fans(s): 1 Heat Pump: 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

Tile: 1

Interior Features

Drapes/Blinds Incl: 1 Furnished: 1 Laundry Room: 1 Split Bedroom: 1 Window Treatments: 1

Vehicle Storage

Common Parking: 1 Off Street Parking: 1

Construction

CBS: 1 Other: 1

Land Size

1 Less Than 2 Acres: 1

Terms

Buyer Obtain Finance: 1 Exchange: 1 Other Financing: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1 Propane: 1

Title

Title Ins - Buyer: 1

Miscellaneous

Handicap Access: 1 Lobby: 1 Manager on Premises: 1 Open Water View: 1 Patio: 1 Residence on Premise: 1 Storage: 1

Roof

Tin Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Accordion: 1

Status Change Info

Sold Date: 2021-03-12 Sold Price: $3,825,000 Status: Closed

Property Features

Property Info: License Included Type: Apartment 3 or more; Office Buildings Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Assigned Dock; Boat Lift; Dock Privileges Vehicle Storage: Common Parking; Off Street Parking Cooling: Ceiling Fans(s); Heat Pump Utilities: Buyer to Verify; FKAA; Municipal Sewer; Propane Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Split Bedroom; Window Treatments Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: Handicap Access; Lobby; Manager on Premises; Open Water View; Patio; Residence on Premise; Storage Construction: CBS; Other Electric: Circuit Breakers Shutters: Accordion Floor: Tile Roof: Tin Roof Land Size: 1 Less Than 2 Acres Fee Includes: Building Insurance; Common Area Mnt; Exterminating; Sewer; Water Terms: Buyer Obtain Finance; Exchange; Other Financing Title: Title Ins - Buyer
Listing Office: The Keyes Company
Last Updated: September - 10 - 2024
Broker Attribution: 7864864048

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.