$3,500,000
Key Largo, FL 33037
MLS# 572614
Status: Closed
23 beds | 22.1 baths | 8887 sqft
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Property Description
Stoneledge Paradise Inn represents true ''Old Florida Keys Charm''. This active, bay-front, 21 unit Motel, has a direct water-front, 3 bedroom/2 bath unit with outside patio area. At 1.53 acres, the property has a developed beach front area with steps leading into the designated swimming area, boat ramp, 110 ft dock with 50 ft T-head, Kayak storage/launch, sanctuary (meditation area), plenty of
Details
Maps
Contract Information
Current Price: $3,500,000
Listing Date: 2016-11-04
Listing Board: Florida Keys
Leased Price Monthly: $3,500,000
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 #: 95320
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Southcliff Ests (95.0)
County: Monroe
Area: 26 - Key Largo S of MM 96.9
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 68825
Waterfront: Yes
Control Depth: 3
Business Name: Stone Ledge Paradise
# Stories: 1
Building SqFt: 8887
SqFt Source: Tax Records
Living Apx SqFt: 8887
Year Built: 1956
Total Bedrooms: 23
Full Baths: 22
Half Baths: 1
Total Baths: 22.1
Association Info
Mandatory Home Owners Asc: No
License Info
# of Transient Licns: 20
Dockage
Dock: Wood
Dock Length: 100
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2017-01-02
Leased Date: 2017-02-02
Leased Price Monthly: $3,500,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Hotel/Motel
Waterfront: Bay Front
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Ramp
Vehicle Storage: Common Parking; Trailer Storage
Cooling: Heat Pump
Utilities: Buyer to Verify; FKAA
Appliances: Range; Refrigerator
Miscellaneous: Chickee Hut; Fencing; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Open Water View; Residence on Premise; Shuffleboard Court; Utility Building
Construction: CBS; Combo Construction
Land Size: 1 Less Than 2 Acres
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Property Rights: Tranfrble Dev Right
Supplements
parking, trailer storage area, property manager work shed, manager's apartment, room for a pool, barbecue areas, 2 covered picnic areas, and much more. The 2 over-water huts provide a great place to relax and watch the sunset year round. With the highest ADRs (Average Daily Rates) in the State of Florida, this charming Keys commercial property is a great investment.
Listing Office: The Firm Realty Group
Last Updated: March - 10 - 2025
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.