$15,500,000
Off Market

99202 Overseas Highway

Key Largo, FL 33037
50 beds | 50.00 baths | #608789
Type:Purchase
Structure:Commercial
Zone:Residential

Description

Welcome to an unparalleled investment opportunity in the heart of Key Largo! Resorts of Key Largo Inc. proudly presents prime commercial property, strategically located in a highly coveted area. This exclusive offering combines a hotel with potential for TRE conversion, promising an exceptional return on investment.Key Largo Inn - A 50-key, 62-room hotel boasts a 5COP full liquor license. Perfectly situated for a developer's dream conversion to sell 50 Transferable ROGO Exemption (TREs).The owner-managed property ensures cohesive and efficient operations. More in-depth information is available upon the execution of a signed Confidentiality Agreement.Unlock the potential of this prime property by converting it into a rehabilitative haven or assisted living facility. With its inviting ambiance this property offers an ideal canvas for a nurturing environment.Contact me to explore the endless possibilities that await in this unique investment opportunity!See MLS#608573 and MLS#608932 for both hospitalities combined.

Location

Paul TejeraReal Estate Group