$3,825,000
Key Largo, FL 33070
MLS# 592582
Status: Closed
12 beds | 11 baths | 1640 sqft
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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
Sold Price: $3,825,000
Limitd Reprsntation: 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
Off Shore Island: No
Subdivision: Unplatted Lower K.L. (92.0)
Mile Marker: 92
County: Monroe
Area: 26 - Key Largo S of MM 96.9
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE,AE,VE
Alternate Key #: 1605581
Parcel #: 00490150-000000
Zoning: SC - Sub Urban Commercial District
Legal: PLAT OF SURVEY OF ELLIS PROPERTY KEY LARGO PB2-99 S 100FT OF N 200FT TRACT 1 OR476-118 OR687-417 OR710-511 OR789-1184 OR
Taxes: 22808.7
Tax Year: 2019
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
Remarks & Misc
Remarks – Consumer: 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.
Directions: Between Mile Marker 92 and 93
Status Change Info
Sold Date: 2021-03-12
Sold Price: $3,825,000
Status: Closed
License Info
# of Transient Licns: 10
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Property Info
# Boat Slips: 1
# Kitchens: 11
# Refrigerators: 11
# Washers: 4
# Dishwashers: 1
Appliances
Other: Microwave
Financial Status
Bank Owned: No
Potential Short Sale: No
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: March - 14 - 2021
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.
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