One acre, 22 units, waterfront, operated as a small affordable boutique motel, dockage, boat ramp, great sunsets, rooms with kitchens, open water views from several rooms (cottages); over 6000 sq ft of buildings onsite; Cap rate based on cash on cash investment at todays gross returns, the figure must be verified by buyer; property has a great repeat business, guest reviews all show three stars and up; property has been run mostly as an absentee business; great opportunity for a hands on operator; online check in system; much more information available to serious buyers;
Located in the heart of Key Largo Fl.; Bayside location, close to shopping, dining, entertainment, as well as an abundance of water activities from diving, sightseeing,inshore and offshore sportfishing; only one (1) hour from Miami International Airport and just two (2) hours from a day trip to Key West.
Property Details
Address: 99340 US Hwy #1
City: Key Largo
State: FL
ZIP: 33037
County: Monroe
Mile Marker: 99.3
Neighborhood: NA
Property Type: Hotel/Motel
Pool
Living Apx SqFt: 6,300
Bedrooms: 22
Bathrooms: 22
Waterfront: Yes
Side: Florida Bay, Gulf
Lot SqFt: 1 AC
Year Built:
Rentals Allowed:
Dockage
Property Map