21544 Overseas Hwy - Hospitality FOR SALE


Cudjoe Key, FL 33042
$13,995,000 USD
305-509-2439
21544 Overseas Hwy, Cudjoe Key, FL for Sale
$13,995,000 USD
Hospitality - FOR SALE
1/58
null | 5.34% Cap Rate

21544 Overseas Hwy
Cudjoe Key, FL 33042


HIGHLIGHTS

  • 20 Miles from Key West

OVERVIEW

Great investment opportunity, transient use property, active vacation rental property, or redevelopment. Located on Cudjoe Key, only 20 miles from Key West. Transient use property, over 3.5 acres, 15 units (15 ROGO exemptions) over 300 feet of water frontage, boat basin, 3 concrete docks, one wooden dock. Excellent rental history, shared coin laundry, 2 swimming pools. 2 parcels on US 1 are zoned Sub Urban Commercial, 3 private driveways. Property spans from US 1 to the Atlantic Ocean. Owner is licensed Realtor. Please do not walk on the property without an appointment. 31 bedrooms, 10 baths. There are 4 (3 bedroom/2 bath, single family homes), 8 (2 bedroom/one bath units), 3 (one bedroom/one bath units)

FOR SALE DETAILS

PRICE

$13,995,000 USD

PRICE/SF

$611 USD /SF

# OF ROOMS

15

PRICE/ROOM

$933,000 {currency}

CAP RATE

5.34%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cudjoe Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

Suburban Residential/Comm

APN/PARCEL ID

00115885-000000,00174890-000000,00174900-000000,00174910-000000,00174910-000100,00174920-000000,00174920-000100,00174920-000200,00174920-000300,00174920-000400,00174920-000500,00174920-000600,00175070-000000

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305-509-2439

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Jennifer WeeksSelect Properties of NWFLMore Info
305-509-2439

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