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97360 Overseas Hwy, Key Largo, FL 33037
$38,000,000
97360 Overseas Hwy, Key Largo, FL 33037View this property at 97360 Overseas Hwy, Key Largo, FL 33037
97360 Overseas HwyKey LargoFL33037
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Property Description
Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. proudly presents a diverse portfolio of prime commercial properties, strategically located in highly coveted areas. This exclusive offering combines a luxurious bayfront resort, a hotel with potential for TRE conversion, a thriving restaurant building, a landmark retail building and vacant median highway lots, promising an exceptional return on investment.
Full Property Details
Full Property Details for 97360 Overseas Hwy
General
- Price: $38,000,000
- Taxes: (2023)
- Status: Active
- Type: Commercial Land
- MLS ID: A11579642
- Updated: 5/1/2024
- Added to Site: 118 day(s) ago
Location
- Area: Mandalay Key Amt Plat
- County: Monroe County
- Subdivision: Mandalay Key Amt Plat
- Building Name: Mandalay Key Amt Plat
Community
- Community Name: Mandalay Key Amt Plat
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Other Utilities Available, Other
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial, Unimproved Hotel/Motel
Lot Features
- Lot Dimensions: 0 x 0
- Frontage: Bay
- Lot Features: Central Business District, 2.5-5 Acres
- Potential Use: Professional
- Zoning: SC - Sub Urban Comm
Water Features
- Water Front: Yes
Financial Considerations
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Legal Description: AMD PLAT OF MANDALAY PB2-25 KEY LARGO PORTION TRACT 3-B (NE) OR577-629 OR573-479 OR784-749 OR784-750 OR808-339 OR903-10
- Inclusions: Dock Available
- Property ID: 8848692
Listed by Langley Knight Gardner Islamorada
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Schools
Schools serving 97360 Overseas Hwy
School District:Monroe County School District
Rating | Name | Grades | Distance |
---|---|---|---|
104801 Overseas Hwy, Key Largo, FL 33037 | PK-8 | 7.4 mi | |
2100 Flagler Ave, Key West, FL 33040 | 6-12 | 89.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 97360 Overseas Hwy
Date
Details
Price
Change
Source
2/05/2024
Listed
$38,000,000
1347.62%
MLS
12/14/2021
Sold
$2,625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 97360 Overseas Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$42,214
30%
$4,958,048
27%
2021
$32,436
-19%
$3,902,173
-19%
2022
$39,890
23%
$4,833,411
23%
2021
$32,436
—
$3,944,784
3%
2019
$32,319
3%
$3,823,229
10%
2018
$31,290
7%
$3,475,663
-8%
2017
$29,256
4%
$3,792,193
6%
2016
$28,144
8%
$3,591,628
38%
2015
$26,008
-6%
$2,611,318
10%
2014
$27,571
10%
$2,373,926
10%
2013
$25,072
—
$2,158,115
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 97360 Overseas Hwy
97360 Overseas Hwy, Key Largo, FL 33037 (MLS# A11579642) is a Commercial Land property with a lot size of 0 acres. 97360 Overseas Hwy is currently listed for $38,000,000 and was received on February 05, 2024. Want to learn more about 97360 Overseas Hwy? Do you have questions about finding other Commercial Land real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.