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27340 Overseas Highway

Ramrod Key, FL 33042
  • $6,900,000
  • STATUS: Active
  • ON SITE: 166 days
  • MLS #: 593971
UPDATED: 47 min ago
$6,900,000
  • 0
    BEDS
  • 1.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,969
    SQFT
  • $1,738
    $/SQFT
Type:
Commercial
Built:
1958
County:

School Ratings & Info

Description

Unique opportunity to purchase an operating, money making Resort in the Lower Keys. Profitable return with Absentee Owner and Active Management. Appraised value completed March 2020 of $6.7 Million. 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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than The Mullins Team | Coldwell Banker Schmitt Real Estate Company are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.lowerkeyshomes.com/homes/112994867
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27340 Overseas Highway Ramrod Key, FL 33042

  • Price: $6,900,000
  • Status: Active
  • Updated: 47 min ago
  • MLS #: 593971
0
Beds
0
Baths
0
½ Baths
1.67
Acres
3,969
SQFT
$1,738
$/SQFT
1958
Built
Neighborhood:
Breezeswept Bch Est (27.5)
County:
Monroe
Area:
09 - Ramrod Key
Property Description
Unique opportunity to purchase an operating, money making Resort in the Lower Keys. Profitable return with Absentee Owner and Active Management. Appraised value completed March 2020 of $6.7 Million. 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.
Exterior Features

Building Height Ft 25.00 Construction Other Dockage Boat Ramp Dockage Dock Other Land Size 1 Less Than 2 Acres Lot Size 1.67 Acres Side Ocean Style Commercial Waterfront Canal Front Waterfront YN Yes Waterview Canal ViewOcean View

Interior Features

Appliances Other Yes

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Looe Key Resort City Ramrod Commercial Type BarRestaurant Control Depth 4 Fee Includes Other Listing Board Key West Association Mile Marker 27.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Tax Year 2020 Taxes 49808.00 Utilities FkaaMunicipal SewerPropane Zoning Sc - Sub Urban Commercial District

Listing courtesy of Curtis A Skomp, Ccim of Re/Max Keys Connection (Kw).


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than The Mullins Team | Coldwell Banker Schmitt Real Estate Company are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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The Mullins Team | Coldwell Banker Schmitt Real Estate Company
1201 White Street, Suite 101
Key West FL, 33040