$8,800,000
Upper Matecumbe Key Islamorada, FL 33036
MLS# 563247
Status: Closed
36 beds | 37 baths | 20666 sqft
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Property Description
A great opportunity to own one of Islamorada's most successful Hotels; Property is located from Highway to the Atlantic Ocean; This is a rare offer and one that provides for a number of different scenarios; 37 Transient Rights with Beer Wine License; Boat basin, docks, Tiki,Owned Bay bottom; Food court, in process of adding small restaurant; This is a Branded Hotel Motel.
Details
Maps
Contract Information
Current Price: $8,800,000
Listing Date: 2014-01-25
Listing Board: Florida Keys
Leased Price Monthly: $8,800,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 82749
Street Name: OVERSEAS
Street Suffix: Highway
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: Misc Prop Rights
Lot Size: 200.0 ft x 300.0 ft
Lot SqFt: 97269
Waterfront: Yes
Control Depth: 34
SqFt Source: Tax Records
Living Apx SqFt: 20666
Total Units: 35
Year Built: 1954
Total Bedrooms: 36
Full Baths: 37
Total Baths: 37
Association Info
Mandatory Home Owners Asc: No
License Info
# of Transient Licns: 36
Misc Property Info
Recorded Plat: Yes
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2017-06-15
Leased Date: 2017-07-26
Leased Price Monthly: $8,800,000
Status: Closed
Property Features
Deed Restrictions: No
Property Info: License Included
Type: Hotel/Motel
Waterfront: Oceanfront
Waterview: Ocean View; Open Water View; No Waterview
Dockage: Basin; Boat Ramp
Vehicle Storage: Common Parking; Covered Parking; Guest Parking; Trailer Storage
Cooling: Ceiling Fans(s); Central Air
Utilities: Individual Swr Plant
Appliances: Range; Refrigerator
Miscellaneous: Chickee Hut; Elevator; Fencing; Handicap Access; High Traffc Location; High Visibility; Lobby; Open Water View
Construction: CBS
Floor: Carpet; Tile
Land Size: 1 Less Than 2 Acres
Fee Includes: Bldg Exterior Mnt; Cable; Exterminating; Sewer
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Property Rights: Transient License
Listing Office: Moorings Realty, Inc
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.