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92530 Overseas Highway
Tavernier, Florida FL 33070
Price: $4,300,000
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Listing ID: 581498
Status: Contingent/Show
Bedrooms: 10 Bed
Total Baths: 10 Bath
Full Baths: 10 Bath
Year Built: 1955

This is a unique opportunity to own one of the best small hotels in the Florida Keys. What makes it unique is it's ease of operation, condition, location and the beautifully maintained and landscaped property. The 10 unit hotel has had 18 years of successful operation by current owner. This is a ''turn key'' property with strong cash flow to ensure a smooth transition with no closing of business. Another plus for ownership besides the 10 units is the owner/ manager's quarters. Everything you see provides for ease of operation with small staff (5) needed, alleviating the problem of staff support. This hotel has received many awards most notably The 25 Most Romantic Hotels in the USA and the #1 booking hotel in Key Largo (Trip Advisor, Please watch the video!

Primary Features

Subdivision: Unplatted Lower K.L. (92.0)
Year Built: 1955
Zoning: SC - Sub Urban Commercial District


1 Bed/Bath: 4
1st Right of Refusal: no
As Is/Right To Inspect: yes
Contingent: Contingent/Show
Control Depth: 3
Deed Restrictions: Unknown
Electric: Circuit Breakers
Electric Meters: 2
License Info: Other/See Remarks
Miscellaneous: Chickee Hut, Handicap Access, Highway Frontage, Hot Tub, Lobby, Open Water View, Other Miscellaneous, Patio, Residence on Premise, Sprinkler System, Utility Building
Number of County License: 10 units
Property Rights: Transient License
Shutters: Accordion, Panel
Total Number of Buildings: 4
Total Units: 10
Type 2: Hotel/Motel
Utilities: Buyer to Verify, FKAA, Municipal Sewer, Propane Gas
Water Meters: 2
Year Established: 2000-12-18

Location Information

Area: 26 - Key Largo S of MM 96.9
Key/Island: Key Largo
KW Neighborhood: Outside of Key West
Mile Marker: 92.5
Parcel Number: 00490150-000000

Interior Features

Appliances: Refrigerator
Appliances: Other: microwave,stove top
Cooling/Heating: Ceiling Fans, Combination A/C
Floor: Tile Floor
Interior Features: Drapes/Blinds Incl, Furnished
Number of Efficiencies: 6
Number of Kitchens: 10
Number of Refrigerators: 10
Number of Stories: 1
Number of Washers: 3

Financial Details

Bank Owned: no
Fee Includes: None
Financial Status: Bank Owned: no
Financial Status: Potential Short Sale: no
For Sale/Lease: For Sale
HOA: no
Potential Short Sale: no
Tax Year: 2017
Taxes: 21781.29
Terms: Buyer Obtain Finance, No Seller Finance

External Features

Construction: CBS, Other Construction
Dock: Other
Dockage: Boat Lift, Dock Privileges
Flood Zone: AE,AE,VE
Land Size: 1 Less Than 2 Acres
Lot SqFt: 43865
Number of Parking Spaces: 12
Off Shore Island: no
Roof: Metal Roof
Side: right
Style: Commercial
Vehicle Storage: Common Parking, Off Street Parking
Waterfront: yes
Waterfront Type: Bay Front
Waterview: Bay/Gulf View

Zoning Info

Area Info

©2020 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. Listing courtesy of American Caribbean Real Estate - Key Largo. 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. Information is deemed reliable but not guaranteed. Data last updated: Wednesday, February 26th, 2020 at 05:11:48 PM.

Contact - Listing ID 581498

Leigh Ann Roach

1901 S Roosevelt, Unit #208S
Key West, FL 33040
Phone: 305-587-4535
Phone Alt: 305-587-4535

Data services provided by IDX Broker