About This Home
This 0-bedroom, 0-bathroom single family at 100 Morris Lane #56 Slips in Key Largo, FL is listed for $10,500,000. Built in 1981, on a N/A lot.
Key Features
- Built in 1981
- Waterfront
Property Details
Amenities
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 marina--it 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 schedule--don't miss this exceptional opportunity. Please see site plan and highlight areas for sale. SEE DOCUMENT TAB FOR SITE PLAN
Monthly Cost Estimate
$56,156/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
100 Morris Lane #56 Slips
Key Largo, FL 33037
Monroe Park (112.5)
Questions & Answers
This 0-bedroom, 0-bathroom single family at 100 Morris Lane is listed at $10,500,000. The estimated monthly payment is $56,157 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1981, Waterfront.
This property is listed by Yvette Doherty and can be reached at 7862368158.