Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

$3,825,000
92530 Overseas Highway
Key Largo, FL 33070
MLS# 592582
Status: Closed
12 beds  |  11 baths  |  1640 sqft
Island Bay Resort Entrance
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Island Bay Resort Entrance Island Bay Resort view from entrance to water. Island Bay Resort Manatee mailbox! Aerial of dock Aerial of property and water Kayaks and paddle boards Beach chairs and unbrellas Beach sunset Dock sunset Boat lift Bungalow 1 front Bungalow 1 Bungalow 1 Bungalow 1 Bungalow 2 front Bungalow 2 Bungalow 2 Bungalow 2 Bungalow 2 Bungalow 3 front Bungalow 3 Bungalow 3 Bungalow 3 Bungalow 3 Bungalow 4 front Bungalow 4 Bungalow 4 Bungalow 4 Bungalow 5 front Bungalow 5 Bungalow 5 Bungalow 5 Bungalow 6 front Bungalow 6 Bungalow 6 Bungalow 6 Bungalow 6 Bungalow 6 Bungalow 7 front Bungalow 7 Bungalow 7 Bungalow 7 Bungalow 7 Bungalow 8 front Bungalow 8 Bungalow 8 Bungalow 8 Bungalow 9 front Bungalow 9 Bungalow 9 Bungalow 9 Handicap accessible room Bungalow 9 & 10 can be shared to accommodate large family! Bungalow 10 Handicap accessible restroom Bungalow 10 Bungalow 10 Lobby Lobby Lobby Lobby Lobby Travel Advisory awards! Owners master bedroom overlooking privat Owner's apartment master bedroom Owners apartment, guest room, storage Owner's apartment kitchen Owner's apartment kitchen Owner's apartment kitchen, living room Owner's apartment living room Owner's apartment living room

Property Description
Tucked between Key Largo and Islamorada in the upper Florida Keys, the Island Bay Resort is a Florida Keys hidden treasure with direct Bay / Ocean Views. This ten-cottage resort offers beachfront bay views plus access to a two bedroom owners apartment. Each cottage is a self-contained unit, with efficiency (studio) and one-and two-bedroom cottages available with King and Queen size beds. Each Cottage / Bungalow has colorful quilted bed coverings, kitchenette with sink and mini-fridge, sitting table with two chairs, cozy bathroom with white wood and wicker furniture, bright colors, tile floors, the decor places you immediately in a tropic vibe and ready for guests to enjoy Pina Colada's on their private deck with a Bay View.

Details
Maps
Contract Information
Current Price: $3,825,000
Listing Date: 2020-09-14
Listing Board: Florida Keys
Leased Price Monthly: $3,825,000
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 #: 92530
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33070
Subdivision: Unplatted Lower K.L. (92.0)
County: Monroe
Area: 26 - Key Largo S of MM 96.9
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 1.00700 of one acre
Lot SqFt: 43865
Waterfront: Yes
Control Depth: 3
Business Name: Island Bay Resort
Year Established: 2000-12-01
# Parking Spaces: 15
Off Street Parking: yes
# Stories: 1
Total # Buildings: 4
Building SqFt: 4170
SqFt Source: Tax Records
Living Apx SqFt: 1640
Total Units: 11
Year Built: 1955
Total Bedrooms: 12
Full Baths: 11
Total Baths: 11
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of Transient Licns: 10
Appliances
Other: Microwave
Property Info
# Boat Slips: 1
# Kitchens: 11
# Refrigerators: 11
# Washers: 4
# Dishwashers: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2020-12-20
Leased Date: 2021-03-12
Leased Price Monthly: $3,825,000
Status: Closed
Property Features
Property Info: License Included
Type: Apartment 3 or more; Office Buildings
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Assigned Dock; Boat Lift; Dock Privileges
Vehicle Storage: Common Parking; Off Street Parking
Cooling: Ceiling Fans(s); Heat Pump
Utilities: Buyer to Verify; FKAA; Municipal Sewer; Propane
Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Split Bedroom; Window Treatments
Appliances: Dryer; Range; Refrigerator; Washer
Miscellaneous: Handicap Access; Lobby; Manager on Premises; Open Water View; Patio; Residence on Premise; Storage
Construction: CBS; Other
Electric: Circuit Breakers
Shutters: Accordion
Floor: Tile
Roof: Tin Roof
Land Size: 1 Less Than 2 Acres
Fee Includes: Building Insurance; Common Area Mnt; Exterminating; Sewer; Water
Terms: Buyer Obtain Finance; Exchange; Other Financing
Title: Title Ins - Buyer
Listing Office: The Keyes Company

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.

Broker Attribution: 7864864048
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