101600 Overseas HWY Contingent

Key Largo,FL 33037

$ 20000000

3 Beds

3 Baths

3717 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,717 sqft

Price per Sqft $5,380

Subdivision Tarpon Acres (102.0)

MLS Listing ID 602462

Bedrooms 3

Full Baths 3

Year Built 1950

Annual Tax Amount $65,072

Tax Year 2021

Lot Size 6.150 Acres

Property Description

Rarely available anywhere in the Florida Keys. Waterfront 103 Unit RV/ Mobile Home Park in Key Largo. 6.15 Acres Uplands Bayside with 29 wet boat slips. All but one RV/MH are tenant owned. County recognizes 53 Residential Dwelling Units (48 MH & 5 Attached), plus 50 Transient Residential Dwelling Units from 50 RV lots. 98 Units currently online. Priced at 3% cap rate with room to grow as is. URM Zoning allows possible commercial redevelopment incl. Vacation Rentals & Marinas or remain affordable & transfer entitlements. Baybottom lease with State of FL. Same family ownership since 1996

Location

State FL

County Monroe

Area 27 - Key Largo Mm 97-107

Zoning URM - Urban Res Mobile Home District

Exterior

Utilities Available FKAA,Municipal Sewer

Waterfront Description Yes

View More
Favorite Go Tour