$4,300,000

92530 Overseas Highway

Key Largo FL, 33070

Description

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, Booking.com) Please watch the video!

Details

MLS#581498
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusContingent
Year1955
Days On Site594

Features

Story(s)1
Units10
ZoningSC - Sub Urban Commercial Distri

Market Activity 33070

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Area Information

StateFL
CountyMonroe
CityKey Largo
Zip Code33070
AreaKey Largo
SubareaOutside of Key West
Listing VS Median (in 33070)
Price:
$4,300,000
low | high
Med:
$550,000
100% of Average
On Site:
594
low | high
Med:
313
100% of Average
Listing Updated: 03/30/2020
MLS Number: 581498
Listing Provided By:
Susan K Recarey  of  American Caribbean Real Estate - Key Largo