$3,700,000
Key Largo, FL 33037
MLS# 601401
Status: Closed
2 beds | 10 baths
1 / 5
Property Description
For Statistical Purposes Only. Key Largo investment opportunity. This mixed-use income-producing property commercial property is located at mile marker 99.4 in the heart of Key Largo. With approximately 250' of US 1 road frontage and just a few feet from the northbound traffic light, each business within the building gets valuable drive-by traffic exposure. The fully leased property has seen minimal tenant turnover and no extended vacancies.? Since 1996 this property has maintained almost 100% occupancy. The property has an excellent tenant mix, restaurant, financial services, retail, distillery and bar, and apartment rental. The property consists of three parcels; the building parcel and two adjacent vacant lots provide convenience for parking.
Details
Maps
Contract Information
Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $3,700,000
Listing Date: 2022-06-14
Sold Price: $3,700,000
Location, Tax & Legal
City: KEY LARGO
Mile Marker: 99.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: X
Alternate Key #: 1623083
Parcel #: 00505210-000000
Zoning: SC - Sub Urban Commercial District
Legal: SUNSET COVE PB1-165 KEY LARGO LOTS 39 THRU 42 BLK 11 OR386-467 RE 50522 THRU 50524 COMBINED PER OWNERS REQUEST 5-14-91 O
Taxes: 14834
Tax Year: 2021
Street #: 99411
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Sunset Cove (99.5)
County: Monroe
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: 39140 sq ft
Lot SqFt: 39140
SqFt Source: Tax Records
Building SqFt: 0
Style: Commercial
Year Built: 1968
Total Bedrooms: 2
Full Baths: 8
Half Baths: 2
Total Baths: 10
Remarks & Misc
Remarks – Consumer: For Statistical Purposes Only.
Key Largo investment opportunity. This mixed-use income-producing property commercial property is located at mile marker 99.4 in the heart of Key Largo. With approximately 250' of US 1 road frontage and just a few feet from the northbound traffic light, each business within the building gets valuable drive-by traffic exposure. The fully leased property has seen minimal tenant turnover and no extended vacancies.? Since 1996 this property has maintained almost 100% occupancy. The property has an excellent tenant mix, restaurant, financial services, retail, distillery and bar, and apartment rental. The property consists of three parcels; the building parcel and two adjacent vacant lots provide convenience for parking.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Office Buildings: 1
Fee Includes
None: 1
Dockage
None: 1
Appliances
No Appliances: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Windows/Doors
Impact Rstnce Window: 1
Construction
CBS: 1
Land Size
1/2 - Less Than 1 AC: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Property Rights
Multi-Use/Commercial: 1
Roof
Concrete Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2022-06-14
Sold Price: $3,700,000
Status: Closed
Property Features
Type: Office Buildings
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA; Municipal Sewer
Appliances: No Appliances
Construction: CBS
Roof: Concrete Roof
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None
Property Rights: Multi-Use/Commercial
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
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.