101600 Overseas Highway, Key Largo, FL 33037 - Andree Riley

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listing

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CommercialPending

$20,000,000

101600 Overseas Highway

Key Largo, FL 33037

MLS: Florida Keys MLS

3Beds

3Baths

3,717Sq Ft

Est. Mortgage

$103,336/mo

Rarely available anywhere in the Florida Keys. Waterfront 103 Unit RV/ Mobile Home Park in Key Largo. 6.15 Acres Uplands Bayside with 29 wet boat slips. All but one RV/MH are tenant owned. County recognizes 53 Residential Dwelling Units (48 MH & 5 Attached), plus 50 Transient Residential Dwelling Units from 50 RV lots. 98 Units currently online. Priced at 3% cap rate with room to grow as is. URM Zoning allows possible commercial redevelopment incl. Vacation Rentals & Marinas or remain affordable & transfer entitlements. Baybottom lease with State of FL. Same family ownership since 1996

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