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100 Morris Lane

Key Largo, FL 33037
  • $10,500,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 618462
UPDATED: 41 min ago
$10,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Boat Slip
Built:
1981
County:

School Ratings & Info

Description

Manatee Bay Club Marina - Rare Investment Opportunity in the Florida KeysLocated on the iconic 18-Mile Stretch entering Key Largo at the Miami-Dade/Monroe County line, Manatee Bay Club is a private, gated marina condominium association offering a truly unique investment opportunity.This offering includes 56 boat slips (2,309 linear feet) within a 94-slip marina that is exceptionally well maintained and financially strong, with healthy reserve funding in place. The marina features aluminum docks, pool, beach, laundry facilities and a floating bathhouse. The Marina is configured with 7 finger piers and 1 dock that parallels US1. . A Dock and G Dock are included in this sale, with A Dock also conveying a large upland area, presenting the rare possibility to create a private, secluded enclave within the community. Other docks in this sale are scattered throughout the community in varying lengths. Beautiful buttonwood landscaping enhances the natural surroundings and creates a distinctive, tranquil ambiance rarely found in marina properties. This is more than just a marina--it is also a strong income-producing rental asset. Most slips are leased on 6-month terms, attracting Miami boaters who enjoy weekend trips to the Keys, as well as seasonal snowbirds escaping northern winters.Financials are available for qualified investors. For those seeking a well-run, income-generating marina in a prime Florida Keys location, Manatee Bay Club stands out as a hidden gem.Showings are easy to schedule--don't miss this exceptional opportunity. Please see site plan and highlight areas for sale.SEE DOCUMENT TAB FOR SITE PLAN

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buythekeys.com/homes/172706780
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100 Morris Lane Key Largo, FL 33037

  • Price: $10,500,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 41 min ago
  • MLS #: 618462
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1981
Built
Neighborhood:
Monroe Park (112.5)
County:
Monroe
Area:
28 - Key Largo N Of Mm 107 Incl Ocean Reef
Property Description
Manatee Bay Club Marina - Rare Investment Opportunity in the Florida KeysLocated on the iconic 18-Mile Stretch entering Key Largo at the Miami-Dade/Monroe County line, Manatee Bay Club is a private, gated marina condominium association offering a truly unique investment opportunity.This offering includes 56 boat slips (2,309 linear feet) within a 94-slip marina that is exceptionally well maintained and financially strong, with healthy reserve funding in place. The marina features aluminum docks, pool, beach, laundry facilities and a floating bathhouse. The Marina is configured with 7 finger piers and 1 dock that parallels US1. . A Dock and G Dock are included in this sale, with A Dock also conveying a large upland area, presenting the rare possibility to create a private, secluded enclave within the community. Other docks in this sale are scattered throughout the community in varying lengths. Beautiful buttonwood landscaping enhances the natural surroundings and creates a distinctive, tranquil ambiance rarely found in marina properties. This is more than just a marina--it is also a strong income-producing rental asset. Most slips are leased on 6-month terms, attracting Miami boaters who enjoy weekend trips to the Keys, as well as seasonal snowbirds escaping northern winters.Financials are available for qualified investors. For those seeking a well-run, income-generating marina in a prime Florida Keys location, Manatee Bay Club stands out as a hidden gem.Showings are easy to schedule--don't miss this exceptional opportunity. Please see site plan and highlight areas for sale.SEE DOCUMENT TAB FOR SITE PLAN
Exterior Features

Dockage Boat Slip Max Height 63.00 Side Ocean Slip Length 3652.00 Slip Width 1530.00 Waterfront Canal Front Waterfront YN Yes

Property Features

Assoc Hoa YN Yes Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY LARGO Control Depth 4 Deed Restrictions Unknown Fee Includes SewerCommon Area MntWater Listing Board Florida Keys Mile Marker 112.50 Min Rental Days 181.00 Pets With Restrictions YES Potential Short Sale No Potential Short Sale Financial Status No Rentals Allowed With Restrictions Style Boat Slip Tax Year 2025 Taxes 60891.00 Utilities Electricity AvailableWater Available Zoning SC - Sub Urban Commercial District

Listing courtesy of Yvette Doherty of Coldwell Banker Schmitt Key Largo: (305) 451-4422.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Coastal Collection Real Estate Inc.
422 Fleming St Suite 7
Key West FL, 33040