100 Morris Lane
Key Largo, FL, United States
$10,500,000
Active

100 Morris Lane Key Largo, FL 33037

Property Features

  • MLS # 618462
  • Year Built: 1981

Property Description

Manatee Bay Club Marina - Rare Investment Opportunity in the Florida Keys Located 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 marinait 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 scheduledon't miss this exceptional opportunity. Please see site plan and highlight areas for sale. SEE DOCUMENT TAB FOR SITE PLAN

Property Highlights

  • Basement: None

Location

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The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

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