101600 Overseas Highway, KEY LARGO, Florida 33037 (MLS# 602462)
101600 Overseas HighwayKEY LARGO, Florida FL33037
StatusActive
Bedrooms3
Total Baths3
Full Baths3
SqFt
3,717
CountyMonroe
SubdivisionTarpon Acres (102.0)
Year Built1950
Property TypeCommercial
Property Sub TypeCommercial
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
Status
Active
SqFt
3,717
Address
101600 Overseas Highway
City
KEY LARGO
State
Florida
Postal Code
33037
County
Monroe
Bedrooms
3
Subdivision
Tarpon Acres (102.0)
Remarks
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
Zoning
URM - Urban Res Mobile Home District
Property Type
Commercial
Property Sub Type
Commercial
Year Built
1950
Total Baths
3
Full Baths
3
1st Right of Refusal
no
As Is/Right To Inspect
yes
Business Name
Keys Ventures @ 101
Contingent
None
Control Depth
5
Legal
TARPON ACRES-KEY LARGO PB2-109 PT LOT 11 AND ADJ PT OF OVERSEAS HWY OR484-744/745 OR608-538E OR624-350 OR673-741 OR699-4
IDX City Name
Key Largo
IDX County Name
Monroe
Latitude
25.115599
Longitude
-80.422689
Miscellaneous
Chickee Hut, Fencing
Number of County License
103
Number of Transient License
50
Property Rights
Other/See Remarks, Transfer Bldg Rights, Transient License
Total Number of Buildings
4
Type 2
Mobile Home Park
Utilities
FKAA, Municipal Sewer
Listing Price
$20,000,000
photo Count
22
Area
27 - Key Largo MM 97-107
Key/Island
Key Largo
Mile Marker
102
Parcel Number
00492780-000000
Street Name
Overseas Highway
Street Number
101600
Appliances: Other
YES
Number of Efficiencies
5
Bank Owned
no
Fee Includes
Other
Financial Status: Bank Owned
no
Financial Status: Potential Short Sale
no
For Sale/Lease
For Sale
HOA
no
Net Leasable Area
3717
Potential Short Sale
no
Tax Year
2021
Taxes
65072.96
Tenant Paid
Cable, Electric, Sewer, Water
Terms
Buyer Obtain Finance
Rent/Lease
neither
Rent/Lease Price
$20,000,000
Construction
CBS, Manufactured
Dock
Wood
Dockage
Basin
Flood Zone
AE,X,0.2 PCT ANNUAL
Land Size
5 Less Than 10 Acres
Lot Size
6.15 AC
Lot SqFt
268042
Number of Boat Slips
29
Off Street Parking
yes
Seawall
Concrete
Side
right
Style
Commercial
Vehicle Storage
Off Street Parking
Waterfront
yes
Waterfront Type
Bay Front
Waterview
Bay/Gulf View
©2023 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but not guaranteed. Data last updated: Friday, September 22nd, 2023 at 01:56:52 PM.
Request More Information - Listing ID 602462
Curtis & Mariana Skomp, CCIM
98880 Overseas Highway
Key Largo, FL 33037
Phone: 305-304-0084
Fax: 305-296-1403
Contact AgentKey Largo, FL 33037
Phone: 305-304-0084
Fax: 305-296-1403
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