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Wade M. Berlin

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99202 Overseas Highway
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PRICED AT ONLY: $29,800,000

Address: 99202 Overseas Highway, KEY LARGO, FL 33037

Description

Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. and Sub Resorts Two LLC proudly presents a diverse portfolio of prime commercial properties, strategically located in highly coveted areas. This exclusive offering combines a luxurious bayfront resort and a hotel with potential for TRE conversion, promising an exceptional return on investment. Key Largo Inn A 50 key, 62 room hotel boasts a 5COP full liquor license. Perfectly situated for a developer's dream conversion to sell 50 Transferable ROGO Exemption (TREs). Bahia Bay Resort Over 2 acres of exclusive bayfront paradise features 20 vacation rental rooms two common areas with kitchens, offering stunning sunset views, dockage, an inviting swimming pool and so much more. Seize the opportunity to own both hospitalities and diversify your investment. The owner managed properties ensure cohesive and efficient operations. More in depth information is available upon the execution of a signed Confidentiality Agreement. There is nothing comparable that is offered in all of the Florida Keys and is in one of the most sought after destinations. Unlock the potential of these prime properties by converting them into a rehabilitative haven or assisted living facility. With their inviting ambiance these properties offer an ideal canvas for a nurturing environment. Contact me to explore the endless possibilities that await in this unique investment opportunity! See MLS#608789 and #610935 for each hospitality sold separately.
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  • MLS#: 608932 ( Hotel/Motel )
  • Street Address: 99202 Overseas Highway
  • Viewed: 18
  • Price: $29,800,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1953
  • Bldg sqft: 0
  • Bedrooms: 70
  • Total Baths: 74
  • Full Baths: 72
  • 1/2 Baths: 2
  • Additional Information
  • Geolocation: 25.0903 / -80.4441
  • County: MONROE
  • City: KEY LARGO
  • Zipcode: 33037
  • Subdivision: Sunset Cove (99.5)
  • Provided by: Berkshire Hathaway HomeServices Keys Real Estate -
  • Contact: LISA FRINS P.A.
  • (305) 664-4444
  • Florida Keys Board of REALTORS
  • DMCA Notice
Request More Information
  • All fields are required.
Features
Building and Construction
  • Construction: CBS, Concrete
  • Net Leasable Area: 46426.00
  • Sqft Source: Tax Records
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212135227274000000
  • Property Rights: Tranfrble Dev Right, Beverage License
Garage and Parking
  • Vehicle Storage: Common Parking, Guest Parking
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Utilities: FKAA
Finance and Tax Information
  • Fee Includes: None
Other Features
  • Alternate Key Num: 1622818
  • Appliances Other: more appliances
  • Appliances: Refrigerator, Dryer, Washer, Range
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Dockage: None
  • Legal Description: LOTS 2 THROUGH 11 PB1-165 SUNSET COVE KEY LARGO OR567-901 OR648-629 OR665-63 OR650-156CT OR767-102 OR796-1221 OR847-135
  • Limitd Reprsntation: No
  • Mile Marker: 99.50
  • Miscellaneous: Lobby, Pool, Highway Frontage, High Visibility, High Traffc Location
  • Parcel Num: 00504940-000000
  • Side: Ocean
  • Style: Commercial
  • Views: 18
  • Year Established: 0000-00-00
  • Zoning: SC - Sub Urban Commercial District
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin