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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

101741 OVERSEAS HWY, KEY LARGO, FL 33037

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Multi Family - The Yellow Bait House for Sale

101741 OVERSEAS HWY, KEY LARGO, FL 33037

Asking Price$4,750,000

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  • Lot size 36000sqft
  • Taxes $6,502
  • Year Built 1959
  • Days on market:

    19 day(s)
  • Original Price:

    $4,750,000
  • Tax Legal Description:

    BK 10 LTS 1-6 LARGO GARDENS KEY LARGO PB4-38 OR568-616 OR781-967 OR1753-961 OR2274-896
  • Property Type:

    Multi Family
  • Parking:

    AssignedCommon
  • Waterfrontage (sqft):

    295
  • Inclusions:

    Building & Land,Business,Signs, Equipment,Furniture/Fixtures,Signs Included,Trade Name, Subject to Lease,Up to 100 Ft Boat
  • Lease Term Remaining:

    4 To 6 Year Lease
  • Construction Type:

    Cbs Construction
  • Roof:

    Other
  • Cooling Description:

    Central Building A/C
  • Heating Description:

    Central Electric
  • Floor Description:

    TileConcrete
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Corner Lot

Description

$4,750,000

This remarkable $4.75 million investment includes the real estate and the renowned yellow bait house, a well-established bait and tackle business with deep roots in key largo since the 1950s. this property comprises of six parcels, offering an impressive 295 ft of overseas hwy frontage with daily traffic exceeding 35k. at 2,623 sq ft, the building is equipped to ensure operational efficiency, including coolers, bait live wells, freezer containers, fishing gear and accessories, including fishing rods, reels, lines, hooks, lures and apparel. new 2023 roof with warranty and 4-5 year old a/c. an onsite billboard, ideal for your own advertising or as a source of income leasing to local businesses. two vacant parcels currently being leased to a boat dealer business producing additionalincome.

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