$5,175,000
Upper Matecumbe Key Islamorada, FL 33036
MLS# 572215
Status: Closed
20 beds | 20 baths
1 / 15
Property Description
Owner want's it sold. He is ready to go play golf. Located In the heart of Islamorada,one of the few Retro Motels left in the Keys. A fresh opportunity to bring a true boutique style destination Motel to Islamorada. Includes Manager's apartment and efficiency.Total. of 22 rooms. High occupancy rate and steady income. With Bay-front views and the most magnificent sunsets ever in the Keys. Bring us your offers.
Details
Maps
Contract Information
Current Price: $5,175,000
Listing Date: 2016-10-03
Listing Board: Florida Keys
Leased Price Monthly: $5,175,000
Limited Representation: Yes
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Location, Tax & Legal
Street #: 82216
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
Subdivision: Strattons (82.5)
County: Monroe
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 43000
Waterfront: Yes
Control Depth: 5
Business Name: LAJOLLA RESORT&MARIN
Year Established: 1957-12-31
# Stories: 2
Year Built: 1957
Total Bedrooms: 20
Full Baths: 20
Total Baths: 20
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: Yes
License Info
# of Transient Licns: 20
Misc Property Info
Recorded Plat: Yes
Dockage
Dock: Concrete
Seawall: Concrete
Property Info
# Boat Slips: 10
# Kitchens: 16
# Efficiencies: 1
Auction Info
Auction: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2017-10-05
Leased Date: 2017-10-10
Leased Price Monthly: $5,175,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Apartment 3 or more; Hotel/Motel
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Slip; First Come Dock
Vehicle Storage: Covered Parking; Off Street Parking
Utilities: FKAA; Septic Tank
Miscellaneous: Lobby; Open Water View; Patio; Pool
Construction: CBS; Combo Construction; Concrete
Electric: Circuit Breakers
Floor: Terrazzo; Tile
Roof: Concrete Roof
Land Size: 1 Less Than 2 Acres
Fee Includes: Other
Terms: No Seller Finance
Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: April - 11 - 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.