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76777 Overseas Highway Highway 5
Lower Matecumbe FL 33036 US

$699,999

Active Listing ID 597901
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2 bed
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1.00 Bath (1 Full Bath)
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Built in 1970
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Other

$699,999

Active Listing ID 597901
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76777 Overseas Highway Highway 5 Chance to own a Diamond in the Rough 'The World Famous Island Dog Villa' extremely unique 2 Bedroom 1 Bath Detached Villa.40k In Bookings for 2022 through End of July.This property is Zoned Hotel/Motel meaning the property can legally be rented nightly, weekly, monthly, or used for primary living. The property is currently rented at a 97% Occupancy rate with a Cap Rate of over 8% and climbing. Property is professionally designed and decorated and being sold As / Is with all furniture and furnishing including all Fish Mounts included.Amazingly designed with 2 Split Bedrooms, fully equipped Kitchen with Stainless Steel appliances and Granite. Full Sized Washer and Dryer.In 2019, property was converted from septic to sewer.In 2020 completely renovated Salt Water Heated and private community pool.Community has a private boat ramp.This is a turn key property with an established business. All Bookings will transfer to new owners and current owner / operator will work with new buyers throughout the process.Also listed as ML 59704

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Property Features

  • Facts
  • Built in: 1970
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • Cooling System: Ceiling Fan(s), Central A/C
  • Floor Covering: Tile
  • Roof Type: Composition Shingle
  • View Type: Water
Listing Changed: 1/7/2022 1:32:38 AM GMT
Source Updated Date: 1/17/2022 6:30:21 AM GMT

Courtesy of: Brett Waldman, Charles Rutenberg Realty Ft Lauderdale

Listing Source - ListHub

Copyright © 2022 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.