$5,900,000
101850 Overseas Highway
Key Largo, FL 33037
MLS# 599172
2 beds  |  2 baths  |  1367 sqft


101850 Overseas Highway, Key Largo, FL 33037
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101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037 101850 Overseas Highway, Key Largo, FL 33037

Property Description
Amazing Bay front property with Suburban Commercial zoning. 1951 home used as a vacation rental with 7 day license. Great Income. Separate 2 car garage plus workshop. Basin gives protected dockage for several boats. Flowing green grass stretches for several hundred feet from the home to the bay and Coconut Palms sway in the breeze. Live in it just the way it is, or perfect for a wedding venue, or expansion of the home into your mansion. Commercial zoning opens opportunities for many uses. Currently earning +/- $850 a night in vacation rentals. Showings should be scheduled well in advance to work around the vacation renters. What a great opportunity to own this piece of paradise.

Details
Maps
Contract Information
Current Price: $5,900,000
Listing Date: 2022-01-12
Listing Board: Florida Keys
List Price: $5,900,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 101850
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Off Shore Island: No
County: Monroe
Subdivision: Lee Shores Amd Plat (104.0)
Mile Marker: 104
Area: 27 - Key Largo MM 97-107
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: VE,AE,0.2 PCT ANNUAL
Alternate Key #: 1666483
Parcel #: 00542950-000000
Zoning: SC - Sub Urban Commercial District
Deed Restrictions: No
Legal: 1ST AMD PLAT OF LEE SHORES KEY LARGO PB2-90 S'LY 20' TR 1 (PRIVATE ROAD) & S'LY 78.22' AND BAY BTM NW'LY AND ADJ PT TR 2
Taxes: 13387.6
Tax Year: 2021
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: No
Year Built: 1951
Lot SqFt: 35250
Acres: 0.22
Living Apx SqFt: 1367
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Amazing Bay front property with Suburban Commercial zoning. 1951 home used as a vacation rental with 7 day license. Great Income. Separate 2 car garage plus workshop. Basin gives protected dockage for several boats. Flowing green grass stretches for several hundred feet from the home to the bay and Coconut Palms sway in the breeze. Live in it just the way it is, or perfect for a wedding venue, or expansion of the home into your mansion. Commercial zoning opens opportunities for many uses. Currently earning +/- $850 a night in vacation rentals. Showings should be scheduled well in advance to work around the vacation renters. What a great opportunity to own this piece of paradise.
Directions: Mile market 101.8 - on the bayside south of Dolphins Plus in Key Largo
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock: Concrete
Building Style
Above Flood: Unknown
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Basin; Davit Pads
Building Style: Ground Level
Vehicle Storage: Garage; Off Street Parking; Open Parking
Furnished: Furniture Negotiable
Utilities: FKAA; Municipal Sewer
Appliances: Range; Refrigerator
Construction: Combo Construction; Concrete
Roof: Metal Roof
Pets: Pets Allowed
Land Size: 1/2 - Less Than 1 AC
Terms: Cash; Conventional
Title: Title Ins - Buyer

Listing Office: LoKation Real Estate

Last Updated: January - 14 - 2022

101850 Overseas Highway, Key Largo, FL 33037 - MLS# 599172

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.