Listing ID605382
Sold For$1,200,000
StatusClosed
Sold Date10/02/2023
Total Baths4
Partial Baths4
SqFt
4,114
CountyMonroe
SubdivisionSugarloaf Sub (19.5)
Year Built1919
Property TypeCommercial
Property Sub TypeCommercial
Are you seeking a restaurant with a rich history in the heart of the Florida Keys? You can look no further; this iconic establishment is your perfect destination. It is renowned for its mouthwatering Fish Tacos and exquisite Shrimp St. Jacques. The restaurant has a seating capacity of 199, a fully stocked bar, and a new patio bar for live entertainment, making it the ideal spot to attract and accommodate customers year-round. The tropical decor adds to the laid-back atmosphere of the Keys, ensuring that every visit will be a memorable dining experience. The necessary equipment and connections are in place, thus providing a smooth transition and immediate start to your ownership. With a loyal customer base and ample growth opportunities, this turn-key opportunity is a must for restaurateurs eager to make their mark in the Florida Keys. So, don't hesitate to seize this chance to become the owner of a legendary restaurant that will continue to thrive for years. Don't hesitate to get in touch with the listing agent for more information, all showings will have to be scheduled early morning not to disturb operations. Looking to turn back time on your commercial loans? We've got you covered with low down payment options starting at just 10% and a fixed rate of 3.99% for the first year. The property must be owner-occupied.Contact Joseph HamamVice President, Commercial Real EstateSmall Business Development305-849-6085joseph.hamam@wellsfargo.com
County
Monroe
Half Baths
4
Property Sub Type
Commercial
Property Type
Commercial
Subdivision
Sugarloaf Sub (19.5)
Year Built
1919
Zoning
UC - Urban Commercial District
Appliances
Range, Refrigerator
Construction
Combo Construction
Control Depth
0
Dockage
None
Flood Zone
AE
Land Size
2 Less Than 5 Acres
Lot Size
irregular
Lot SqFt
85532
Side
right
Style
Commercial
Waterfront
no
Waterfront Type
None
Waterview
No Waterview
Area
06 - Bay Point to Sugarloaf
Key/Island
Sugarloaf Key
Mile Marker
19.5
Parcel Number
00118280-000000
Business Name
Mangrove Mamas
Days On Market
95
FEMA List
yes
Type 2
Bar,Restaurant
Utilities
Buyer to Verify, Municipal Sewer
1st Right of Refusal
no
Bank Owned
no
Deed Restrictions
Unknown
Fee Includes
None
Financial Status: Bank Owned
no
Financial Status: Potential Short Sale
no
For Sale/Lease
For Sale
HOA
no
Legal
31 66 28 SUGAR LOAF KEY PT LT 4 OR300-484/85 OR760-593 OR841-2451 OR937-1244 OR1040-321/22 OR1408-1154/55 OR2296-2214/1
License Info
5-Cop (Transferable)
Net Leasable Area
4114
Potential Short Sale
no
Tax Year
2022
Taxes
9653.15
©2024 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but not guaranteed. Data last updated: Thursday, March 28th, 2024 at 05:44:07 AM.
Contact - Listing ID 605382
BASCOM GROOMS
1110 Truman Ave
KEY WEST, FL 33040
Phone: 3052957511
Fax: 3057680171
Data services provided by IDX Broker