$6,900,000

27340 Overseas Highway

Ramrod Key FL, 33042

Description

Unique opportunity to purchase an operating, money making Resort in the Lower Keys. Profitable return with Absentee Owner and Active Management. Looe Key Reef Resort & Dive Center sits on 1.67 Acres & located Oceanside at Mile Marker 27.3. Includes 24 unit canalfront Hotel. CBS building two stories & 150 Seat Tiki Hut Restaurant & Bar with brand new Food Trailer Kitchen plus one of the most established Dive Shop's in the Keys. 3 Buildings total. Plus Two 5 COP Liquor licenses, 35' Custom Dive/ Snorkel boat. all dive shop rental gear, name, numbers, website & domain name LooeKeyReefResort.com. Ample customer parking. Two COM lots on Indies Dr. available for extra $175,000 each. Limited competition in the Lower Keys.

Details

MLS#586958
Listing TypeFor Sale
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year1958
Days On Site232

Features

SQ Feet3,969
Story(s)2
ZoningSC - Sub Urban Commercial Distri

Market Activity 33042

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Area Information

StateFL
CountyMonroe
CityRamrod Key
Zip Code33042
AreaLower Keys
SubareaOutside of Key West
Listing VS Median (in 33042)
Price:
$6,900,000
low | high
Med:
$550,000
100% of Average
SqFt:
3,969
low | high
Med:
1,066
100% of Average
$ / SqFt:
$1,738
low | high
Med:
$531
100% of Average
On Site:
232
low | high
Med:
145.5
100% of Average
Listing Updated: 03/31/2020
MLS Number: 586958
Listing Provided By:
Curtis A Skomp, CCIM  of  RE MAX Keys Connection (KW)