27340 Overseas Highway

Ramrod Key, FL 33042 / Breezeswept Bch Est (27.5)

MLS ID# 593971 Active
Commercial

Get directions

$6,900,000

• Images
• Map

View Larger

 

× Close

Map Layers

• Description
• Contract Information
• Location, Tax & Legal
• General Property Description
• Details

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. 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 Ac... show more

Contract Information

• Listing Board Key West Association
• Limitd Reprsntation No
• For Sale/Lease For Sale
• Potential Short Sale No
• Bank Owned No

Location, Tax & Legal

• Street # 27340
• Street Name Overseas
• Street Suffix Highway
• Key/Island Ramrod Key
• City Ramrod
• State/Province FL
• Zip Code 33042
• Off Shore Island No
• Subdivision Breezeswept Bch Est (27.5)
• Mile Marker 27.5
• County Monroe
• Area 09 - Ramrod Key
• Marathon Neighborhood N/A
• Side Ocean
• Alternate Key # 1264229
• Parcel # 00200900-000000
• Zoning SC - Sub Urban Commercial District
• Taxes 49808
• Tax Year 2020

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size 1.67 Acres
• Lot SqFt 72845
• Waterfront Yes
• Control Depth 4
• Business Name Looe Key Resort
• # Stories 2
• Building Ht. Ft. 25
• Building SqFt 3969
• Year Built 1958
• Total Bedrooms 0
• Full Baths 0
• Half Baths 0
• Total Baths 0

Details

• Association Info

  Mandatory Home Owners Asc No , 1st Right of Refusal No

• Type

  Bar , Restaurant

• Waterfront

  Canal Front

• Waterview

  Canal View , Ocean View

• Dockage

  Dock Other , Boat Ramp

• Utilities

  FKAA , Municipal Sewer , Propane

• Construction

  Other

• Land Size

  1 Less Than 2 Acres

• Fee Includes

  Other

• Financial Status

  Bank Owned No , Potential Short Sale No