$4,600,000
Big Coppitt, FL 33040
MLS# 509047
Status: Closed
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Property Description
Lush Tropical Landscaping accents this 40 unit waterfront resort. Over 600 ft. of prime US-1 frontage just 7 miles from Key West. High traffic location with long established repeat clientele. Excellent financials. While most keys resorts suffered greatly from 9/11 this property showed a much smaller decrease than average. This years financials show a strong increase in revenue to near pre 9/11
Details
Maps
Contract Information
Current Price: $4,600,000
Listing Date: 2001-10-19
Listing Board: Florida Keys
Leased Price Monthly: $4,600,000
Range Pricing: No
Limited Representation: Yes
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 1211
Street Name: Overseas
Key/Island: Big Coppitt
State/Province: FL
Zip Code: 33040
Subdivision: Gulf View (10.0)
County: Monroe
Area: 05 - Stock Island to Shark Key
General Property Description
Realtor.COM Type: Rental
Style: Commercial
Lot SqFt: 23522
Waterfront: Yes
Control Depth: 3
Business Name: CARIBBEAN VILLAGE
Total Units: 40
Year Built: 84
Status Change Info
Under Contract Date: 2004-05-11
Leased Date: 2004-12-18
Leased Price Monthly: $4,600,000
Status: Closed
Property Features
Deed Restrictions: No
Property Info: License Included
Type: Apartment 3 or more; Hotel/Motel; Marina
Waterfront: Bay Front
Waterview: Bay/Gulf View; Canal View
Dockage: Boat Ramp
Vehicle Storage: Guest Parking
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Utilities: FKAA; Individual Swr Plant
Interior Features: Laundry Room
Appliances: Dryer; Range; Refrigerator; Washer
Miscellaneous: Chickee Hut; Manager on Premises
Construction: CBS; Frame; Other
Electric: 220 Volt; Circuit Breakers; Three Phase
Floor: Carpet; Combo; Wood
Roof: Tin Roof
Land Size: 2 Less Than 5 Acres
Fee Includes: None
Terms: Seller Finance Psble
Supplements
levels. This property is impecibly maintained and operated. There are several undeveloped possibilities of additional revenue . This property is a must see if your looking for a Florida Keys motel where the financials and condition of the property justify the sales price . Appraised September 2003 for $ 4,900,000.00
Listing Office: Exit Realty Florida Keys TAV
Last Updated: September - 09 - 2024
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