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- LoopNet Team
Florida City - Key Largo Corridor
Homestead, FL 33035
Florida City - Key Largo Corridor · Land For Sale
·
4.90 AC
INVESTMENT HIGHLIGHTS
- great exposure, grand-fathered zoning designation
- Operates on a she string budget and always full
- Plenty of traffic and easy to monetize
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 4.90 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Commercial | ||
| Zoning | B-2 - Zoned B3 liberal commercial. Operating as a sailboat marina, but still has Fish Camp Designation that allows food sales, & short term rental housing. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.90 AC |
| No. Stories | 1 |
| Zoning | B-2 - Zoned B3 liberal commercial. Operating as a sailboat marina, but still has Fish Camp Designation that allows food sales, & short term rental housing. |
DESCRIPTION
South Dade Marina Summary Address: 54409 S. Dixie Highway (US1) Miami, FL 33035( on the Florida City to Key Largo US1 corridor) Folio: Miami Dade County: 30 9928 000 0030 Zoned: commercial with very valuable airport /terminal or marina primary use designation. Acres: 4.90 net, 213,616.24 sqft. Price: $4.5 million Position : East side of US1 , direct access to Manatee Bay and open ocean. Formal hard turn entrance directly on US1. Permitted wet boat slips: 27 Permitted dry boat slips: 25 The canal leads out to Manatee Bay without any fixed bridges. Property extends to the other side or south side of the canal. The bottom of the canal is also part of this property. The property has a fixed boat ramp on the western side of the property with direct access to the bay. Two buildings are on the site, one was a single-family residence now used as a workshop, and a restaurant now used as an office. The property has a two-side jumbo billboard sign (currently in a prepaid lease that reverts back to the property in under 3 years). The sign should generate an additional $8000 per month. Current monthly net $20,000. The property has a FISHCAMP designation since 1950’s, that allows the property to house RV trailers and short-term cabin rentals. This is perfect for AirBnB rentals, currently it has 3 motorhomes rented on site. The big value is the underlying zoning of B3. ( extremely liberal commercial).
PROPERTY TAXES
| Parcel Number | 30-9928-000-0030 | Improvements Assessment | $875,643 |
| Land Assessment | $4,357 | Total Assessment | $880,000 |
PROPERTY TAXES
