Sold
27340 Overseas Highway
Ramrod Key FL, 33042
$6,250,000
$1,574.70 per sqft
Sold
3,969 sqft
Commercial
Built in 1958
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.
593971
MLSⓇ ID
March 14, 2024
Updated
Map
27340 Overseas Highway
Ramrod Key FL, 33042
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.67 Acres
Lot Features
1 Less Than 2 Acres
School Information
School District
Looe Key Resort
Other Property Details
Area Name
09 - Ramrod Key
Taxes
$49,808
Tax Frequency
Annually
Days on Market
205
Association Amenities
Other
Garage
No
View
Yes
View Description
Canal View, Ocean View
County
Monroe
Pool
No
Zoning
SC - Sub Urban Commercial District
Listed by Curtis A Skomp, CCIM with RE/MAX Keys Connection (KW)
Listing Contact:
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Data last updated on 3/14/2024 at 6:07 PM UTC