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95320 Overseas Highway, Key Largo, FL 33037

$3,500,000
Property Type: Commercial Bedrooms: 23 Baths: 22.1 Square Footage: 8,887 Lot Size (sq. ft.): 68,825 Status: Closed
Current Price: $3,500,000 List Date: 11/04/2016 Last Modified: 3/10/2025

Overview

Description

Stoneledge Paradise Inn represents true ''Old Florida Keys Charm''. This active, bay-front, 21 unit Motel, has a direct water-front, 3 bedroom/2 bath unit with outside patio area. At 1.53 acres, the property has a developed beach front area with steps leading into the designated swimming area, boat ramp, 110 ft dock with 50 ft T-head, Kayak storage/launch, sanctuary (meditation area), plenty of

Supplements: parking, trailer storage area, property manager work shed, manager's apartment, room for a pool, barbecue areas, 2 covered picnic areas, and much more. The 2 over-water huts provide a great place to relax and watch the sunset year round. With the highest ADRs (Average Daily Rates) in the State of Florida, this charming Keys commercial property is a ...

Listing Details MLS# 572614

Location, Tax & Legal

Street #
95320
Street Name
Overseas
Street Suffix
Highway
Key/Island
Key Largo
State/Province
FL
Zip Code
33037
Subdivision
Southcliff Ests (95.0)
County
Monroe
Area
26 - Key Largo S of MM 96.9
City
KEY LARGO
Off Shore Island
No
Mile Marker
95
Side
Bay/Gulf
Flood Zone
AE,AE,VE,AE,AE
Alternate Key #
1100498
Parcel #
00088640-000000
Zoning
SC - Sub Urban Commercial District
Legal
13 62 38 ISLAND OF KEY LARGO PART OF GOV LOT 2 & PART TR 4 SOUTHCLIFF ESTS PB2-45 OR533-81 OR780-744D/C (RE 483330 COMBI
Taxes
12546.45
Tax Year
2015

Contract Information

Listing Board
Florida Keys
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
68825
Waterfront
Yes
Control Depth
3
Business Name
Stone Ledge Paradise
# Stories
Yes
Building SqFt
8887
SqFt Source
Tax Records
Living Apx SqFt
8887
Year Built
1956
Total Bedrooms
23
Full Baths
22
Half Baths
Yes
Total Baths
22.1
Total Units
0

Status Change Info

Sold Date
2017-02-02

License Info

# of Transient Licns
20

Association Info

Mandatory Home Owners Asc
No

More Information

Dockage

Dock
Wood
Dock Length
100
Boat Ramp
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Stoneledge Paradise Inn represents true ''Old Florida Keys Charm''. This active, bay-front, 21 unit Motel, has a direct water-front, 3 bedroom/2 bath unit with outside patio area. At 1.53 acres, the property has a developed beach front area with steps leading into the designated swimming area, boat ramp, 110 ft dock with 50 ft T-head, Kayak storage/launch, sanctuary (meditation area), plenty of
Directions
mm95, bay-side

Deed Restrictions

Unknown
Yes

Type

Hotel/Motel
Yes

Fee Includes

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Cooling

Heat Pump
Yes

Waterfront

Bay Front
Yes

Waterview

Bay/Gulf View
Yes
Open Water View
Yes

Vehicle Storage

Common Parking
Yes
Trailer Storage
Yes

Construction

CBS
Yes
Combo Construction
Yes

Land Size

1 Less Than 2 Acres
Yes

Terms

Buyer Obtain Finance
Yes

Utilities

Buyer to Verify
Yes
FKAA
Yes

Title

Title Ins - Buyer
Yes

Property Rights

Tranfrble Dev Right
Yes

Miscellaneous

Chickee Hut
Yes
Fencing
Yes
Handicap Access
Yes
High Traffc Location
Yes
High Visibility
Yes
Highway Frontage
Yes
Open Water View
Yes
Residence on Premise
Yes
Shuffleboard Court
Yes
Utility Building
Yes

Property Features

Deed Restrictions: Unknown Type: Hotel/Motel Waterfront: Bay Front Waterview: Bay/Gulf View; Open Water View Dockage: Boat Ramp Vehicle Storage: Common Parking; Trailer Storage Cooling: Heat Pump Utilities: Buyer to Verify; FKAA Appliances: Range; Refrigerator Miscellaneous: Chickee Hut; Fencing; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Open Water View; Residence on Premise; Shuffleboard Court; Utility Building Construction: CBS; Combo Construction Land Size: 1 Less Than 2 Acres Fee Includes: None Terms: Buyer Obtain Finance Title: Title Ins - Buyer Property Rights: Tranfrble Dev Right
Listing Office: The Firm Realty Group
Last Updated: March - 10 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.