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1211 Overseas Hwy ( US 1), Key West, FL 33040

$86,538+/Unit

Commercial property for sale

Added: 01/18/2012
Last Update: 03/05/2013
1211 Overseas Hwy ( US 1) Key West, FL 33040 US
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Contact info

  • 813-349-8355 [Office] 

Description

True opportunity comes along rarely. Here sits a resort that is in the middle of paradise. There are 26 units with room for more. There is also access to the Gulf of Mexico and Atlantic Ocean with room for docking, fishing, and many other water sports.The property is closer to Havana than it is Miami. It is just a couple of minutes from the Key West airport. the resort is in need of repair from Hurricane Wilma. Estimated repairs are $850,000. An alternative would be to add a restaurant or turn the property into high end estates or condos.It also has the layout to be a marina. Regardless you are 10 minutes from downtown Key West and 5 minutes from some of the best fishing and diving in the northern hemisphere. Building price details: $2,250,000.

Property Details

  • Building Name:Caribbean Village Resort
  • Type: Hotel & Motel
  • Use Types:Bed & Breakfast, Extended Stay, Hostel, Hotel, Inn, Motel, Recreation Cabins, Resort, Vacation Rental(s), Other
  • Status: Available
  • MSA: Key West
  • Zoning: HOTEL, MOTEL
  • Buildings: 1
  • Broadband Internet: DSL
  • ConstructionWood Siding

Exterior Features

  • Parking Type: Surface

Terms

  • Cash to Seller 

Agent

Bob Zegota
813-349-8355 [Office]

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