$21,000,000
For Sale

101600 Overseas Highway

Key Largo, FL 33037
3 beds | 3.00 baths | #614931
Browse 22 photos
Type:Purchase
Structure:Commercial
Zone:Residential

Description

Waterfront 103 Unit RV/ Mobile Home Park in Key Largo! A rare find anywhere in the Florida Keys or even all of South Florida. Same family ownership since 1996. The Bayside Site encompasses 6.15 Acres Uplands and includes 29 wet boat slips. County recognizes 53 Residential Dwelling Units (48 MH & 5 Attached), plus 50 Transient Residential Dwelling Units from 50 RV lots. 98 Units are currently online. The owners only own one MH, the others are all tenant owned.URM Zoning allows possible commercial redevelopment including Vacation Rentals & Marinas or remain affordable & sell and transfer entitlements. Baybottom lease with State of FL. Site plans are in place for options to redevelop the uplands. One plan design lays out 33 RV pads and 29 Mobile Homes, 62 units total. The Balance of recognized but unused entitlements may be sold off. Another redevelopment calls for 35 Single Family Homes and 63 Hotel Bungalow Suites. Both plans include Clubhouse, Restaurant, lazy river plus two additional pools, coffee shop and souvenir shop as matter of right without going through the County major development process.

  • Property Details
      • SubdivisionTarpon Acres (102.0)
      • Property TypePurchase
      • Cost21000000
      • MLS #614931
      • MLS #614931
      • Bathrooms3.00
      • Year Built1950
      • Bedrooms3
      • Property SubtypeC

Location

Lisa Wiebe | OldReal Estate Group
OR

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