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76777 Overseas Highway Highway , #5

Lower Matecumbe, FL 33036
  • $799,999
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 597901
UPDATED: 29 min ago
$799,999
  • 2
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 504
    SQFT
  • $1,587
    $/SQFT
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

Chance to own a Diamond in the Rough 'The World Famous Island Dog Villa' extremely unique 2 Bedroom 1 Bath Detached Villa.This property is Zoned Hotel/Motel meaning the property can legally be rented nightly, weekly, monthly, or used for primary living. The property is currently rented at a 97% Occupancy rate with a Cap Rate of over 8% and climbing. Property is professionally designed and decorated and being sold As / Is with all furniture and furnishing including all Fish Mounts included.Amazingly designed with 2 Split Bedrooms, fully equipped Kitchen with Stainless Steel appliances and Granite. Full Sized Washer and Dryer.In 2019, property was converted from septic to sewer.In 2020 completely renovated Salt Water Heated and private community pool.Community has a private boat ramp.This is a turn key property with an established business. All Bookings will transfer to new owners and current owner / operator will work with new buyers throughout the process.Also listed as ML 59704

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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/121875936
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76777 Overseas Highway Highway , #5 Lower Matecumbe, FL 33036

  • Price: $799,999
  • Status: Active
  • Updated: 29 min ago
  • MLS #: 597901
2
Beds
1
Baths
0
½ Baths
N/A
Acres
504
SQFT
$1,587
$/SQFT
1970
Built
Neighborhood:
Misc Lower Matacumbe (76.0)
County:
Monroe
Area:
22 - Lower Matecumbe
Property Description
Chance to own a Diamond in the Rough 'The World Famous Island Dog Villa' extremely unique 2 Bedroom 1 Bath Detached Villa.This property is Zoned Hotel/Motel meaning the property can legally be rented nightly, weekly, monthly, or used for primary living. The property is currently rented at a 97% Occupancy rate with a Cap Rate of over 8% and climbing. Property is professionally designed and decorated and being sold As / Is with all furniture and furnishing including all Fish Mounts included.Amazingly designed with 2 Split Bedrooms, fully equipped Kitchen with Stainless Steel appliances and Granite. Full Sized Washer and Dryer.In 2019, property was converted from septic to sewer.In 2020 completely renovated Salt Water Heated and private community pool.Community has a private boat ramp.This is a turn key property with an established business. All Bookings will transfer to new owners and current owner / operator will work with new buyers throughout the process.Also listed as ML 59704
Exterior Features

Construction Cbs Dockage None Land Size Less Than 1/4 Acre Lot Size 3500 Parking Spaces 2 Roof Shingle Roof Side Ocean Style Commercial Vehicle Storage Trailer Storage Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DryerRangeRefrigeratorWasher Cooling Heating Ceiling FansCentral A/CHeat Floor Tile Floor Interior Features FurnishedSmoke Alarms Net Leasable Area 504.00 Windows Doors Impact Rstnce Window

Property Features

Assoc Approval Req No Assoc Fee 333.00 Assoc Hoa YN Yes Assoc Maint Fee Per Monthly Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Island Dog Villa City Islamorada Commercial Type Hotel/Motel Control Depth 0 Deed Restrictions No Electric Circuit Breakers Fee Includes Common Area MntSewerWater Fema List No Flood Zone AeAeAeAe Listing Board Florida Keys Mile Marker 76.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transient License Property Type Commercial Sq Ft Source Appraisal Tax Year 2020 Taxes 3275.37 Terms Buyer Obtain Finance Title Title Ins - Buyer Total Units 1.00 Utilities Municipal SewerSeparate Meters Year Established 2004-12-31 Zoning Oth - Other Zoning

Listing courtesy of Brett Waldman of Charles Rutenberg 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