$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
Current Price: $12,500,000
Listing Date: 2019-08-16
Listing Board: Florida Keys
Leased Price Monthly: $12,500,000
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 #: 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
Style: Commercial
Lot Size: 64020
Lot SqFt: 64020
Waterfront: Yes
Control Depth: 5
Year Established: 2011-09-01
# Parking Spaces: 60
# Stories: 2
Total # Buildings: 4
Building SqFt: 25825
SqFt Source: Property Data Card
Total Units: 47
Year Built: 1973
Total Bedrooms: 42
Full Baths: 42
Half Baths: 2
Total Baths: 44
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock: Concrete
Dock Length: 650
Seawall: Concrete
Appliances
Other: Mini Refrigerators
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2021-03-19
Leased Date: 2021-07-15
Leased Price Monthly: $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
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