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27340 Overseas Highway

Ramrod Key, FL 33042
  • $12,250,000
  • STATUS: Active
  • ON SITE: 171 Days
  • MLS #: 617400
UPDATED: 59 min ago
$12,250,000
  • 0
    BEDS
  • 1.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,956
    SQFT
  • $1,118
    $/SQFT
Type:
Commercial
Built:
1958
County:

School Ratings & Info

Description

Offering Overview This sale includes a rare combination of income-producing assets, valuable licenses, and entitlements in the Florida Keys, at appraised value consisting of: • 25 Transient Rental Licenses - Currently in use and potentially available to be moved to another qualifying development, subject to all applicable approvals. • 150-Seat Restaurant - Established food & beverage venue with a newer tiki structure, ideal for waterfront or resort-style dining. • 5COP Quota Liquor License available separately - A valuable, transferable 5COP license allowing for the sale of beer, wine, and spirits for on-premises consumption, providing significant upside for the restaurant and bar operation which also allows for packaged Liquor sales. • 25-Room Hotel - Turnkey lodging operation benefiting from the transient licenses and strong Florida Keys tourism demand. • Dive Shop & Vessel - A popular, well-respected Florida Keys dive operation, including a 49-passenger coast guard approved Vessel with its own 2cop bar license allowing for wine and beer sales, retail/gear component, and a established customer base.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestluxuryrealestateinc.com/homes/170497482
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27340 Overseas Highway Ramrod Key, FL 33042

  • Price: $12,250,000
  • Status: Active
  • On Site: 171 Days
  • Updated: 59 min ago
  • MLS #: 617400
0
Beds
0
Baths
0
½ Baths
1.67
Acres
10,956
SQFT
$1,118
$/SQFT
1958
Built
Neighborhood:
Breezeswept Bch Est (27.5)
County:
Monroe
Area:
09 - Ramrod Key
Property Description
Offering Overview This sale includes a rare combination of income-producing assets, valuable licenses, and entitlements in the Florida Keys, at appraised value consisting of: • 25 Transient Rental Licenses - Currently in use and potentially available to be moved to another qualifying development, subject to all applicable approvals. • 150-Seat Restaurant - Established food & beverage venue with a newer tiki structure, ideal for waterfront or resort-style dining. • 5COP Quota Liquor License available separately - A valuable, transferable 5COP license allowing for the sale of beer, wine, and spirits for on-premises consumption, providing significant upside for the restaurant and bar operation which also allows for packaged Liquor sales. • 25-Room Hotel - Turnkey lodging operation benefiting from the transient licenses and strong Florida Keys tourism demand. • Dive Shop & Vessel - A popular, well-respected Florida Keys dive operation, including a 49-passenger coast guard approved Vessel with its own 2cop bar license allowing for wine and beer sales, retail/gear component, and a established customer base.
Exterior Features

Attached Garage YN No Construction Materials Other Dock Concrete Dockage Boat Ramp Exterior Features [] Parking Features [] Roof Other Roof Stories 2 Vehicle Storage Common Parking View [] Waterview Canal View Window Features []

Interior Features

Appliances [] Cooling Wall/Window Unit(s)Ceiling Fans(s) Cooling YN Yes Flooring TileConcrete Interior Smoke AlarmsFurnished Interior Features []

Property Features

Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Business Type Hotel/MotelRestaurantOther ServicesBar/Tavern/Lounge Control Depth 4 Electric [] Flood Zone AEAEAE Frontage Type [] Land Size 1 Less Than 2 Acres License Info 5-Cop (Transferable)Other/See Remarks Listing Terms [] Marathon Nbhd N/A Mile Marker 27.5 Miscellaneous Chickee HutHandicap AccessElevatorHigh Traffc LocationHighway FrontagePool Number Of Transient License 25 Off Shore Island YN No Off Street Parking Yes Potential Short Sale No Property Info License Included Property Rights Transient License Property Sub Type Commercial Special Licenses Transient License Tax Annual Amount 93580.96 Tax Legal Description BREEZESWEPT BEACH EST PB4-143 RAMROD KEY LTS 10-13 AND PT LT 14 BK 1 AND PT ADJ TRINIDAD RD (RES NO 248-1988) OR396-1077 Tax Year 2024 Tenant Pays [] Utilities [] Utilities Info FKAAMunicipal Sewer Waterfrnt Yes Waterfront Canal Front Waterfront Features [] Waterfront YN Yes Zoning SC - Sub Urban Commercial District

Listing courtesy of Team Gardner/Langley of Berkshire Hathaway HomeServices Knight & Gardner Realty: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Key West Luxury Real Estate Inc
619 Eaton Street, #2
Key West FL, 33040