Address21 Garden Cove Dr, Key Largo, FL, 33037

Price$7,500,000

  • Commercial
  • 12,257 SQ FT
  • Built in 1962

Rare opportunity to own one of Key Largo's finest and well established waterfront 150 seat restaurants with an indoor bar and outdoor Tiki-bar, full liquor license, immaculately maintained. The full service marina offers 16 wet slips to accommodate boats up to 44' and 122 dry slips/storage racks for 35' boats with potential for much more. There is fuel, a limited service boatyard, and boat sales. Restaurant is turn key as well as the marina including two forklifts, a rail hoist, 2000 gallon newer gas tank, 2- 250 gallon diesel tanks and pumps. In addition there are 5 separate parcels included, two single family residential lots (drawings on file) and 3 commercial lots (site plan on file) on Overseas Hwy. Property rebuilt in 2000. Record #'s the past years! Owner retiring, don't miss out!Come by boat for lunch, brunch, dinner or cocktails! Key Largo is the first and longest Key, 33 miles long, in the island chain of the Florida Keys with an easy commute to the two major airports, Fort Lauderdale and Miami. The restaurant industry sales are representing the seventh consecutive year of real growth. Given Key Largo's remarkable land and water scenery with a steady stream of year-round tourism with national and international visitors, the Florida Keys overall have shown a successful rate of revenue and occupancy over the past few years, and developers/investors know it's a sound place to put their money.

Essential Information

  • MLS® #RX-10271757
  • Price$7,500,000
  • CAD Dollar$9,493,500
  • UK Pound5818500
  • Euro€6,389,250
  • Taxes$16,003 (2015)
  • Square Footage12,257
  • Acres1.39
  • Price/SqFt$612 USD
  • Year Built1962
  • TypeCommercial
  • Sub-TypeMixed
  • StatusActive

Community Information

  • Address21 Garden Cove Dr
  • Area5940
  • SubdivisionOCEAN ISLE ESTATE
  • CityKey Largo
  • CountyMonroe
  • StateFL
  • Zip Code33037

Style

Free Standing, Income, Marina, Office Space, Restaurant

Appliances

Building and Land, Fixtures, Furniture, License, Signs, Trade Name

Amenities

  • UtilitiesPublic Sewer, Public Water
  • WaterfrontMarina, Ocean Access, Seawall

Interior

  • HeatingCentral, Other
  • CoolingCeiling Fan, Central
  • # of Stories1

Exterior

  • Lot DescriptionRestauran/Marina
  • RoofOther
  • ConstructionOther

Additional Information

  • Days on Website18
  • Zoningmixed

Listing Details

  • OfficeEngel & Voelkers Jupiter Re
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Price Change History for 21 Garden Cove Dr, Key Largo, FL (MLS® #RX-10271757)

Date Details Change
Status Changed from New to Active

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2017 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2017 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on August 18th, 2017 at 12:48am EDT.

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Golden Bear Realty are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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