$12,500,000
Plantation Key, FL 33070
MLS# 587284
Status: Closed
42 beds | 44 baths
1 / 38
Property Description
Fl. Keys, Islamorada, boutique 47 transient development rights. 42 all concrete existing canal front motel units, 2 pools and restaurant on 650 ft of canal front dockage. The entire resort has been luxuriously remodeled. Silent A/Cs in every room. Private balconies and room side dockage. Ideal for additional revenue sources: Dive/Snorkel boats, Fishing charters, Boat rentals or House Boats. Keys motels have the highest occupancy rates and ADR's in the country. Since the Covid reopening business has been even better than in 2019. Reference the document section of the listing for a CA in order to receive their financials Creekside Inn is 1 hour south of Miami just south of Tavernier Creek which provides immediate ocean or bay access to the Sports Fishing and Dive Capitol of the World.
Details
Maps
Documents
Contract Information
Listing Board: Florida Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $12,500,000
Listing Date: 2019-08-16
Sold Price: $12,500,000
Location, Tax & Legal
City: ISLAMORADA
Off Shore Island: No
Mile Marker: 90.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE8
Alternate Key #: 1536857
Add'l Parcel #1: 00437590-000000
Parcel #: 00437640-000000
Add'l Parcel #2: 00437610-000000
Bldg Nbr: 4
Zoning: HC - Highway Commercial
Legal: BK 1 LOTS 13, 14, &15 BOATMANS COLONY PB3-90 PLANTATION KEY OR322-573 OR455-664 OR614-858 OR918-1731 OR978-1525 OR1043-2
Taxes: 18481.43
Tax Year: 2018
Street #: 90611
Street Name: Old Highway
Key/Island: Plantation Key
State/Province: FL
Zip Code: 33070
Subdivision: Boatmans Colony (90.5)
County: Monroe
Area: 25 - Plantation Key
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 5
Lot Size: 64020
Lot SqFt: 64020
Total Units: 47
Year Established: 2011-09-01
# Parking Spaces: 60
# Stories: 2
SqFt Source: Property Data Card
Total # Buildings: 4
Building SqFt: 25825
Style: Commercial
Year Built: 1973
Total Bedrooms: 42
Full Baths: 42
Half Baths: 2
Total Baths: 44
Remarks & Misc
Remarks – Consumer: Fl. Keys, Islamorada, boutique 47 transient development rights. 42 all concrete existing canal front motel units, 2 pools and restaurant on 650 ft of canal front dockage. The entire resort has been luxuriously remodeled. Silent A/Cs in every room. Private balconies and room side dockage. Ideal for additional revenue sources: Dive/Snorkel boats, Fishing charters, Boat rentals or House Boats. Keys motels have the highest occupancy rates and ADR's in the country. Since the Covid reopening business has been even better than in 2019. Reference the document section of the listing for a CA in order to receive their financials Creekside Inn is 1 hour south of Miami just south of Tavernier Creek which provides immediate ocean or bay access to the Sports Fishing and Dive Capitol of the World.
Directions: 1 hour south of Miami on the Florida turnpike to US1 through Key Largo cross over Tavernier Creek and it will be on the left. Mile Marker 90.6 Oceanside. Across from Tavernier Creek Marina.
Deed Restrictions
No: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
2-Cop (Beer & Wine): 1
Type
Hotel/Motel: 1
Restaurant: 1
Fee Includes
Other: 1
Dockage
Dock Length: 650
Dock: Concrete
Seawall: Concrete
Appliances
Other: Mini Refrigerators
Cooling
Central Air: 1
Heat Pump: 1
Waterfront
Canal Front: 1
Electric
Circuit Breakers: 1
Waterview
Canal View: 1
Floor
Tile: 1
Interior Features
Furnished: 1
Laundry Room: 1
Smoke Alarms: 1
Vehicle Storage
Common Parking: 1
Off Street Parking: 1
Construction
CBS: 1
Concrete: 1
Land Size
1 Less Than 2 Acres: 1
Terms
No Seller Finance: 1
Utilities
FKAA: 1
Propane: 1
Property Rights
Beverage License: 1
Miscellaneous
Chickee Hut: 1
Fencing: 1
Handicap Access: 1
High Traffc Location: 1
Highway Frontage: 1
Pool: 1
Security System: 1
Roof
Combo Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2021-07-15
Sold Price: $12,500,000
Status: Closed
Property Features
Deed Restrictions: No
License Info: 2-Cop (Beer & Wine)
Type: Hotel/Motel; Restaurant
Waterfront: Canal Front
Waterview: Canal View
Vehicle Storage: Common Parking; Off Street Parking
Cooling: Central Air; Heat Pump
Utilities: FKAA; Propane
Interior Features: Furnished; Laundry Room; Smoke Alarms
Miscellaneous: Chickee Hut; Fencing; Handicap Access; High Traffc Location; Highway Frontage; Pool; Security System
Construction: CBS; Concrete
Electric: Circuit Breakers
Floor: Tile
Roof: Combo Roof
Land Size: 1 Less Than 2 Acres
Fee Includes: Other
Terms: No Seller Finance
Property Rights: Beverage License
Creekside Inn property record card 1 
Listing Office: Cornell Commercial Real Estate, 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.