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For more information on this property, contact Curtis & Mariana Skomp, CCIM at 305-304-0084 or cskomp@remax.net

101600 Overseas Highway
KEY LARGO, Florida FL 33037
Price: $20,000,000
Listing ID 602462
Status Contingent
Bedrooms 3
Full Baths 3
Total Baths 3
SqFt 3,717
Year Built 1950

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
Curtis & Mariana Skomp, CCIM
Title: RE/MAX All Keys Commercial Team
Address: 98880 Overseas Highway
City: Key Largo
State/Province: FL
Zipcode: 33037
Office Phone: 305-296-1400
Office Fax: 305-296-1403
Cell Phone: 305-304-0084

Primary Features

Status: Contingent
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

Additional

1st Right of Refusal: no
As Is/Right To Inspect: yes
Business Name: Keys Ventures @ 101
Contingent: Contingent
Contingent Remarks: will consider backup
Control Depth: 5
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, Transient License, Transfer Bldg Rights
Total Number of Buildings: 4
Type 2: Mobile Home Park
Utilities: FKAA, Municipal Sewer
Listing Price: $20,000,000
photo Count: 22

Location Information

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

Interior Features

Appliances: Other: YES
Number of Efficiencies: 5

Financial Details

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, Water, Sewer, Electric
Terms: Buyer Obtain Finance
Rent/Lease: neither
Rent/Lease Price: $20,000,000

External Features

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

Zoning Info


©2024 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: Thursday, March 28th, 2024 at 12:13:38 PM.

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