99411 Overseas Highway, Key Largo, FL 33037 (MLS# 601401)

99411 Overseas Highway, Key Largo, FL 33037

$3,700,000

Property Type: Commercial Bedrooms: 2 Baths: 10 Lot Size (sq. ft.): 39,140 Status: Closed

Current Price: $3,700,000 List Date: 6/14/2022 Last Modified: 9/10/2024

Description

For Statistical Purposes Only. Key Largo investment opportunity. This mixed-use income-producing property commercial property is located at mile marker 99.4 in the heart of Key Largo. With approximately 250' of US 1 road frontage and just a few feet from the northbound traffic light, each business within the building gets valuable drive-by traffic exposure. The fully leased property has seen minimal tenant turnover and no extended vacancies.? Since 1996 this property has maintained almost 100% occupancy. The property has an excellent tenant mix, restaurant, financial services, retail, distillery and bar, and apartment rental. The property consists of three parcels; the building parcel and two adjacent vacant lots provide convenience for parking.

More Information MLS# 601401

Contract Information

Listing Board: Florida Keys Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $3,700,000 Listing Date: 2022-06-14 Sold Price: $3,700,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 99.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: X Alternate Key #: 1623083 Parcel #: 00505210-000000 Zoning: SC - Sub Urban Commercial District Legal: SUNSET COVE PB1-165 KEY LARGO LOTS 39 THRU 42 BLK 11 OR386-467 RE 50522 THRU 50524 COMBINED PER OWNERS REQUEST 5-14-91 O Taxes: 14834 Tax Year: 2021 Street #: 99411 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: 39140 sq ft Lot SqFt: 39140 SqFt Source: Tax Records Building SqFt: 0 Style: Commercial Year Built: 1968 Total Bedrooms: 2 Full Baths: 8 Half Baths: 2 Total Baths: 10

Remarks & Misc

Remarks – Consumer: For Statistical Purposes Only. Key Largo investment opportunity. This mixed-use income-producing property commercial property is located at mile marker 99.4 in the heart of Key Largo. With approximately 250' of US 1 road frontage and just a few feet from the northbound traffic light, each business within the building gets valuable drive-by traffic exposure. The fully leased property has seen minimal tenant turnover and no extended vacancies.? Since 1996 this property has maintained almost 100% occupancy. The property has an excellent tenant mix, restaurant, financial services, retail, distillery and bar, and apartment rental. The property consists of three parcels; the building parcel and two adjacent vacant lots provide convenience for parking.

Association Info

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

Type

Office Buildings: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

No Appliances: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Windows/Doors

Impact Rstnce Window: 1

Construction

CBS: 1

Land Size

1/2 - Less Than 1 AC: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Property Rights

Multi-Use/Commercial: 1

Roof

Concrete Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2022-06-14 Sold Price: $3,700,000 Status: Closed

Property Features

Type: Office Buildings Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Municipal Sewer Appliances: No Appliances Construction: CBS Roof: Concrete Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None Property Rights: Multi-Use/Commercial

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

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.