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Off market
  • Price Unknown

    139 Seaside Ave, Key Largo, FL 33037

    5beds
    6,740sqft
    MultiFamily
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $4,248 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,248/mo

    Zestimate® history
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    What's special

    Key largo establishmentLarge signOutdoor patio seatingNew furniture

    Once in a lifetime opportunity to purchase Snappers Key Largo Restaurant & Bar, an iconic Key Largo establishment with a 40+ yr. track record of success. There are very few direct Oceanfront Restaurant & Bars in the Upper Keys and very limited waterfront competition. Indoor & Outdoor patio seating with 12 wet boat slips overlooking the Atlantic Ocean. Restaurant is licensed for over 250 Seats. Restaurant & kitchen were totally rebuilt with all new Furniture, Fixtures & Equipment plus most of the electric & plumbing all updated in 2018. Includes 4 unique hotel rooms on 2nd floor with transient license & 2 bd house for employees. Fully approved & permitted Plans to rebuild the Turtle Club as well as Food Truck included. This will add tremendous growth to top and bottom line income. Overall, there are 4 lots included with a total of 2.37 ac. of Uplands and .57 Ac of submerged baybottom owned. In addition, the corner lot on the highway is included with a large sign that is very visible to both N & S bound traffic. There is ample customer and employee parking which is rare and valuable. Strong financial numbers both Gross & Net. Room to substantially grow income by adding breakfast, lunch and rebuilding the Turtle Club. Also may be suitable for franchising opportunities as all IP is included and fully trademarked.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 6,740 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1958

    Community & neighborhood

    Location
    • Region: Key Largo

    Price history

    DateEventPrice
    3/20/2023Listing removed--
    Source: RE/MAX International Report a problem
    12/2/2022Price change$10,500,000-16%$1,558/sqft
    Source: RE/MAX International #602684 Report a problem
    10/6/2022Listed for sale$12,500,000+76.1%$1,855/sqft
    Source: RE/MAX International #602684 Report a problem
    11/16/2015Sold$7,100,000+29.1%$1,053/sqft
    Source: Agent Provided Report a problem
    4/16/2014Listing removed$5,500,000$816/sqft
    Source: Miami Real Estate Co #562275 Report a problem
    10/14/2013Listed for sale$5,500,000$816/sqft
    Source: Miami Real Estate Co #562275 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating