62250 Overseas Highway Unit: 11

Estimated Monthly Payment: $67,218/mo 62250 Overseas Highway Unit: 11, Conch, FL 33050 MLS# 578641 Residential Listing Status: Active
16
13
2
11,000 sqft
161
72
0
4

REMARKS:

Rare opportunity to own an entire Island compound consisting of 2 luxury Balinese inspired homes and 3 cottages. The Balinese homes have 4152 sq. ft. each w/marble, granite and tropical hardwood finishing materials. 2 pools Top Line stainless appliances. Development rights include 16 Transient & 6 Market Rate Rights, 6 vacant lots for future development. Ready for upscale mini resort development (think Little Palm) or retain as private estate. 15 min to Airport, shopping, dining, Hospital. The 3 stilt cottages were previously part of Conch Key Cottages which was destroyed by the hurricane of 2017. Houses are licensed vacation rentals and have a potential gross of $400,000. Aerial photo pre-hurricane.

OVERVIEW:

Residential
Active
Duck Key Coral Key Conch Key
Conch Key (62.5)
Conch Key
Multi-Units
1943
CBS, Frame
11000
2 Less Than 5 Acres
Metal Roof, Shingle Roof
Carport, Covered Parking, Guest Parking, Off Street Parking, Open Parking
Basin, Boat Ramp, Boat Slip
Cable Available, Elect Separate Meter, FKAA, Municipal Sewer
Attic Fan, Central A/C, Combination A/C, Heat, Window/Wall Unit
4.03

FEATURES:

Aluminum Windows, French Doors, Impact Rstnce Doors, Impact Rstnce Window
Ocean View, Open Water View
None, Other
Bar, Built-in Cabinets, Cathedral Ceilings, Drapes/Blinds Incl, Elevator, Fireplace(s), Granite Counter Top, Pantry, Security System, Smoke Alarms, Split Bedroom, Storage, Tray Ceilings, Walk-in Closet, Window Treatments
Detached Guest Qtrs, Fencing, Hot Tub, Sandy Beach, Storage
Oceanfront, Open Water
Concrete, In Ground
Dishwasher, Disposal, Dryer, Gas Appliances, Ice Machine, Microwave, Oven, Range, Refrigerator, Stainless Steel Appl, Washer

ROOM INFO:

16
13
2
Laundry Room, Utility Room

FINANCIAL:

$13,000,000
$95,229.82
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of American Caribbean Real Estate - Middle Keys

 

 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of The Florida Keys Board of REALTORS® MLS. Real Estate listings held by brokerage firms other than Coldwell Banker are marked with the IDX logo. Date last updated:07/18/2018.