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95320 Overseas Hwy
Key Largo, FL 33037
Drift Hotel · Hospitality Property For Sale · 8,487 SF

INVESTMENT HIGHLIGHTS

  • New ownership will benefit from the recent renovation of the Hotel.
  • Year to date ADR $198, at 84%. 2021 NOI projected to be $560,127
  • A 110 foot dock for guests dockage. The ultimate location to watch the Florida Sunsets, scuba dive and fish. Laidback heaven !
  • DRIFT Hotel is fully turnkey and managed by HP Hospitality, the largest small lodging management company in the upper Keys.
  • The improvements have been well maintained.
  • Operating System (PMS) ,maintence System, accounting Software and website in place. Drift is a turnkey operation

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.58 AC
Building Size 8,487 SF
No. Stories 1
Year Built/Renovated 1956/2018
Parking Ratio 3.65/1,000 SF
Corridor Exterior
Zoning SR

AMENITIES

  • High Speed Internet Access
  • Patio
  • Beach (direct access)
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Fully-Equipped Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00088640-000000
Land Assessment
$4,866,792
Improvements Assessment
$927,186
Total Assessment
$5,793,978
  • Listing ID: 24619341

  • Date on Market: 12/7/2021

  • Last Updated:

  • Address: 95320 Overseas Hwy, Key Largo, FL 33037

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