27340 Overseas Highway, Ramrod, FL 33042

$6,900,000
List Price
$6,900,000

Property Description

Unique opportunity to purchase an operating, money making Resort in the Lower Keys. Priced at 10% cap rate with active Mgmt. Looe Key Reef Resort & Dive Center sits on 1.67 Acres & located Oceanside at Mile Marker 27.3. Includes 24 unit canalfront Hotel. CBS building two stories & 150 Seat Tiki Hut Restaurant & Bar with brand new Food Trailer Kitchen plus one of the most established Dive Shop's in the Keys. 3 Buildings total. Plus Two 5 COP Liquor licenses, 35' Custom Dive/ Snorkel boat. all dive shop rental gear, name, numbers, website & domain name LooeKeyReefResort.com. Ample customer parking. Two COM lots on Indies Dr. available for extra $175,000 each. Limited competition in the Lower Keys.

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Listing courtesy of RE/MAX Keys Connection (KW).