$5,250,000
Upper Matecumbe Key Islamorada, FL 33036
MLS# 559459
Status: Closed
16 beds | 16 baths | 9082 sqft
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Property Description
A boutique hotel situated on the aqua blue waters of Florida Bay will transport your guests to the world of relaxation and tranquility. Celebrating Sunsets Dailey! 16 existing hotel rooms are featured in two buildings - Sea View and Garden View. Potential to add 2 more units with site plan approvals and permit application already submitted to The Village of Islamorada.
Details
Maps
Contract Information
Current Price: $5,250,000
Listing Date: 2012-11-12
Listing Board: Florida Keys
Leased Price Monthly: $5,250,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 136
Street Name: Madeira
Street Suffix: Road
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
Subdivision: Strattons (82.5)
County: Monroe
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 1.94 acre
Lot SqFt: 67500
Waterfront: Yes
Control Depth: 4
Business Name: Casa Morada Hotel
Year Established: 1950-01-01
# Parking Spaces: 16
Off Street Parking: 16
# Stories: 2
Total # Buildings: 2
Building SqFt: 9082
SqFt Source: Property Data Card
Living Apx SqFt: 9082
Year Built: 1950
Total Bedrooms: 16
Full Baths: 16
Total Baths: 16
Status Change Info
Under Contract Date: 2014-06-16
Leased Date: 2014-09-24
Leased Price Monthly: $5,250,000
Sold Comments: Commercial Loan- Centennial Bank
Status: Closed
Association Info
Mandatory Home Owners Asc: No
License Info
# of Transient Licns: State Hotel/Motel
Misc Property Info
Recorded Plat: Yes
Appliances
Other: hotel models
Property Info
# Boat Slips: 15
Vehicle Storage
Car(s): 4+
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: No
License Info: 2-Cop (Beer & Wine)
Property Info: License Included
Type: Hotel/Motel
Waterfront: Bay Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Basin; Boat Ramp; Boat Slip
Vehicle Storage: Guest Parking; Off Street Parking
Utilities: Buyer to Verify; FKAA; Individual Swr Plant
Miscellaneous: Open Water View; Other Miscellaneous
Construction: Combo Construction
Electric: 220 Volt; Circuit Breakers
Land Size: 1 Less Than 2 Acres
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Property Rights: Other/See Remarks
Supplements
Building 1 - Garden View - built originally in 1958 - features 11 units that have been recently refurbished with updates.
Building 2 - Sea View - built originally in 1950 - features 5 units that have been recently refurbished with updates.
As you approach the waterfront a classic Bridge over the basin and dockage area you are lead to the Gazebo and Boathouse. The boat basin accomodates 15 boats up to 25 ft. in length.
Listing Office: Ocean Sotheby's International Realty
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.