99020 Overseas Highway, Key Largo, FL 33037 (MLS# 603093)

99020 Overseas Highway, Key Largo, FL 33037

$3,500,000

Property Type: Commercial Baths: 2 Square Footage: 3,500 Lot Size (sq. ft.): 35,806 Status: Closed

Current Price: $3,500,000 List Date: 11/14/2022 Last Modified: 9/10/2024

Description

Mrs. Mac's Kitchen, both 1 & 2 locations for sale. Two of the most prestigious landmark restaurants in the Upper Keys for generations. Family owned and the first time offered for sale since 1976. Possibly the longest running restaurant operation in Key Largo. Award winning recipes & world famous Key Lime Pie recipe included. MMK 2 location at 99020 Overseas Hwy in the median is owned and real estate is included. This is a highly visible location with easy access from both N. and S. bound on US 1. Property has 291 ft. of frontage on both N. & S. bound sides. Lot is a total of .822 acres with ample parking for customers and employees. Building is a total of 3,500 sf. licensed for 150 seats and has a full liquor SRX liquor license. X Flood Zone & SC zoning and allows many other uses & change of use is possible. MMK 1 at 99336 Overseas Hwy is the original location & is leased. Long term lease may be available. Building is 1,698 sf. licensed for 50 Seats with Beer/wine license. All Furniture, Fixtures & Equipment for both locations is included in sale along with name, numbers & domain name www.mrsmacskitchen.com

More Information MLS# 603093

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Species List: No Current Price: $3,500,000 Listing Date: 2022-11-14 Sold Price: $3,500,000

Location, Tax & Legal

City: KEY LARGO Off Shore Island: No Mile Marker: 99.5 Marathon Neighborhood: N/A Side: Median Flood Zone: X Alternate Key #: 1641677 Parcel #: 00522411-000400 Zoning: SC - Sub Urban Commercial District Legal: CAPE SUBDIVISION KEY LARGO PB6-92 TRACT D, E, F OR528-690 OR557-456 OR919-483/84 OR1538-29/32 OR1658-113/15 OR1728-812/1 Taxes: 12012.67 Tax Year: 2021 Street #: 99020 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Sunset Cove (99.5) County: Monroe Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 124 x 289 Lot SqFt: 35806 Business Name: Mrs. Mac's Kitchen Total Units: 1 Year Established: 1976-06-01 # Parking Spaces: ample Off Street Parking: yes # Stories: 1 Total # Buildings: 2 Building SqFt: 3500 Style: Commercial Living Apx SqFt: 3500 Year Built: 1984 Half Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Mrs. Mac's Kitchen, both 1 & 2 locations for sale. Two of the most prestigious landmark restaurants in the Upper Keys for generations. Family owned and the first time offered for sale since 1976. Possibly the longest running restaurant operation in Key Largo. Award winning recipes & world famous Key Lime Pie recipe included. MMK 2 location at 99020 Overseas Hwy in the median is owned and real estate is included. This is a highly visible location with easy access from both N. and S. bound on US 1. Property has 291 ft. of frontage on both N. & S. bound sides. Lot is a total of .822 acres with ample parking for customers and employees. Building is a total of 3,500 sf. licensed for 150 seats and has a full liquor SRX liquor license. X Flood Zone & SC zoning and allows many other uses & change of use is possible. MMK 1 at 99336 Overseas Hwy is the original location & is leased. Long term lease may be available. Building is 1,698 sf. licensed for 50 Seats with Beer/wine license. All Furniture, Fixtures & Equipment for both locations is included in sale along with name, numbers & domain name www.mrsmacskitchen.com Directions: MMK 2 at 99020 Overseas Hwy is in the median at MM 99 MMK 1 at 99336 Overseas Hwy is located bayside at MM 99.3

Status Change Info

Sold Comments: Good work team! Sold Date: 2023-03-31 Sold Price: $3,500,000 Status: Closed

Association Info

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

License Info

# of County License: 2 2-Cop (Beer & Wine): 1 SRX (Non-Transferab): 1

Type

Restaurant: 1

Fee Includes

None: 1

Dockage

None: 1

Accounts & Meters

# Sewer Accounts: 2 # Water Meters: 2 # Electric Meters: 2

Appliances

Dishwasher: 1 Range: 1 Refrigerator: 1

Property Info

# Kitchens: 2

Cooling

Central Air: 1

Waterfront

None: 1

Electric

Three Phase: 1

Waterview

No Waterview: 1

Floor

Other: 1

Interior Features

Furnished: 1

Windows/Doors

Other Windows/Doors: 1

Vehicle Storage

Guest Parking: 1 Off Street Parking: 1

Construction

Combo Construction: 1 Frame: 1 Other: 1

Land Size

1/2 - Less Than 1 AC: 1

Terms

No Seller Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Propane: 1

Title

Negotiable: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1 Manager on Premises: 1

Roof

Other Roof: 1

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Cable: 1 Electric: 1 Garbage: 1 Gas: 1 Insurance: 1 Sewer: 1 Taxes: 1 Tnt Pays Other Utils: 1 Water: 1

Property Features

License Info: 2-Cop (Beer & Wine); SRX (Non-Transferab) Type: Restaurant Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Guest Parking; Off Street Parking Cooling: Central Air Utilities: FKAA; Municipal Sewer; Propane Interior Features: Furnished Appliances: Dishwasher; Range; Refrigerator Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Manager on Premises Construction: Combo Construction; Frame; Other Electric: Three Phase Floor: Other Roof: Other Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None Terms: No Seller Finance Title: Negotiable Tenant Paid: Cable; Electric; Garbage; Gas; Insurance; Sewer; Taxes; Tnt Pays Other Utils; Water

Listing Office: RE/MAX Keys Connection (KW)

Last Updated: September - 10 - 2024

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