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80939 Overseas Highway

Upper Matecumbe Key Islamorada, FL 33036
  • $4,500,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 609289
UPDATED: 71 min ago
$4,500,000
  • 7
    BEDS
  • 0.85
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,656
    SQFT
  • $966
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Description

Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee housing to a small boutique hotel with its own eatery. License for more than 200 seats with indoor and outdoor dining and plenty of parking ,opportunities like this in the heart of Islamorada are not available often. This is a must see and won't last .

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/148808300
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80939 Overseas Highway Upper Matecumbe Key Islamorada, FL 33036

  • Price: $4,500,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 71 min ago
  • MLS #: 609289
7
Beds
7
Baths
0
½ Baths
0.85
Acres
4,656
SQFT
$966
$/SQFT
1963
Built
Neighborhood:
The Key (80.5)
County:
Monroe
Area:
23 - Upper Matecumbe
Property Description
Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee housing to a small boutique hotel with its own eatery. License for more than 200 seats with indoor and outdoor dining and plenty of parking ,opportunities like this in the heart of Islamorada are not available often. This is a must see and won't last .
Exterior Features

Construction CBS Dockage None Land Size 1/4 - 1/2 Acre Lot Size 0.85 acres Miscellaneous Chickee HutHigh Traffc Location Side N/A Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances RangeRefrigerator

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City ISLAMORADA Commercial Type Apartment 3 or moreRestaurantBar Control Depth 0 Fee Includes None Listing Board Key West Association Mile Marker 80.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Beverage LicenseTransient License Property Type Commercial Sq Ft Source Seller Tax Year 2023 Taxes 13370.03 Total Units 7.00 Utilities FKAA Zoning HC - Highway Commercial

Listing courtesy of Daniel Sanchez of Century 21 All Keys Inc (KW): (305) 294-4200.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040