99202 Overseas Highway, KEY LARGO, FL

$16,000,000

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50

Beds

50

Baths

26,342

Square feet

About 99202 Overseas Highway

Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. proudly presents prime commercial property, strategically located in a highly coveted area. This exclusive offering combines a hotel with potential for TRE conversion, promising an exceptional return on investment.Key Largo Inn - A 50-key, 62-room hotel boasts a 5COPS full liquor license. Perfectly situated for a developer's dream conversion to sell 50 Transferable ROGO Exemption (TREs).The owner-managed property ensures cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement. Contact me to explore the endless possibilities that await in this unique investment opportunity!The owner-managed properties ensure cohesive and efficient operations. You can find more in-depth information upon execution of a signed Confidentiality Agreement. Contact me to explore the endless possibilities that await in this unique investment opportunity!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.

Features of 99202 Overseas Highway

MLS® # 608789
Price $16,000,000
Bedrooms 50
Bathrooms 50.00
Full Baths 50
Square Footage 26,342
Year Built 1953
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 99202 Overseas Highway
Area 27 - Key Largo MM 97-107
Subdivision Sunset Cove (99.5)
City KEY LARGO
County Monroe
State FL
Zip Code 33037

Amenities

Utilities FKAA
Parking Common Parking, Guest Parking
View No Waterview
Is Waterfront No
Waterfront None

Interior

Appliances Refrigerator

Exterior

Lot Description 1/2 - Less Than 1 AC
Construction CBS, Poured Concrete Cnst

Additional Information

Date Listed February 17th, 2024
Days on Market 97
Zoning SC - Sub Urban Commercial District
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentLisa Frins P.a.
OfficeBerkshire Hathaway HomeServices Keys Real Estate - Islamorada

Listing Map

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