107900 107900 Highway, Islamorada, FL 33036 (MLS# R10047060)
107900 107900 Highway, Islamorada, FL 33036
$11,200,000
Property Type:
Commercial Sale
Square Footage:
836
Lot Size (sq. ft.):
174,240
Status:
Closed
Current Price:
$11,200,000
List Date:
6/07/2014
Last Modified:
12/19/2025
Overview
Description
Amazing 4 acre Keys Resort! Gilbert's is the perfect getaway and only a 45 minute drive from Miami. 38 hotel rooms, 38 deeded boat slips + 680' dockage on deep water Intercostal Waterway. 4,600 sq ft 160 seat restaurant, Spectacular 6,000 sq ft+ outdoor TIKI rest/bar w/280 seats, & separate 1,500' Tiki Bar on beach. Liquor lic. incl. Beautiful beach, marina, dock office, front desk, pool, 8,000 gal fuel, boat ramp. Transient lic'd. Private entry to US-1. Developmental rights to 38 1-bed hotel available. Operate as-is or remodel to new hotel or condo. Potential owner financing.
Listing Details MLS# R10047060
General Property Information
- Building Area Main
- 836
- Building Area Source
- Owner
- Year Built
- 1967
- Lot Size Area
- 174240
- Lot Size Acres
- 4
- Stories
- 2
Property Features
Building Features:
Free Standing
Business Type:
Commercial
Documents Available:
Books & Records; Existing Survey; Financial Statement; Tax Return
Flooring:
Tile; Other
Heating:
Other
Location of Property:
Beach Access
Possession:
Close Of Escrow
Sale Includes:
Building; Land
Special Licenses:
Occupational
Cooling:
Ceiling Fan(s); Wall/Window Unit(s)
Listing Terms:
Cash; Conventional; FHA
Roof:
Other
Security Features:
Fire Alarm
Sewer:
Septic Tank
Structure Type:
Hotel/Motel; Office
Utilities:
Cable Available
Water Source:
Public
Showing Requirements:
Call Listing Agent
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2014-06-06
- Original List Price
- 12900000
Location and Legal
- County Or Parish
- Monroe
- County Parish Name
- Monroe
- Street Number
- 107900
- Street Name
- 107900
- Street Suffix
- Highway
- City Name
- Islamorada
- State Or Province
- FL
- Postal Code
- 33036
- Area
- 5940 - Other Florida County
- Parcel Number
- 00083700000000
- Zoning
- n/a
- Directions
- Coming of the bridge watch out for Gilbert's Resort signage.
- Property Description
- Gilbert's Resort
Financial Information
- Tax Annual Amount
- 53249
- Tax Year
- 2012
- Tax Legal Description
- 25/36 60 39 ISLAND OF KEY LARGO PB5-11 TRACT OF LOW MANGROVE OR403-841 OR846-2158 OR873-528/529Q/C OR1160-698/99FJ(CW) O
Remarks and Miscellaneous
- Public Historical Remarks
- Building Type: Y
More Information
Status Change Information
- Major Change Timestamp
- 2014-10-08T01:36:31Z
- Major Change Type
- Status Change
- Status Change Date
- 2014-10-07
- Under Contract Date
- 2014-06-06
- Close Date
- 2014-08-28
- Close Price
- 11200000
- Buyer Financing
- Assumed
Building and Property Details
- % Air Conditioned
- 35
- Maximum Ceiling Height
- 0
Price Calculations
- Current Price To SqFt
- 13397.12
- Original List Price To Close Price
- 1.15
Originating Details
- Originating System Key
- 20140606115111197448000000
- Originating System ID
- M00000170
Currently Not Used
- Number Of Units Total
- 3
Office/Member Information
- DXORIGMLSID
- RML
Flooring
- Tile
- Yes
- Other
- Yes
Documents Available
- Books & Records
- Yes
- Existing Survey
- Yes
- Financial Statement
- Yes
- Tax Return
- Yes
Structure Type
- Hotel/Motel
- Yes
- Office
- Yes
Location of Property
- Beach Access
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Septic Tank
- Yes
Utilities
- Cable Available
- Yes
Building Features
- Free Standing
- Yes
Business Type
- Commercial
- Yes
Heating
- Other
- Yes
Sale Includes
- Building
- Yes
- Land
- Yes
Special Licenses
- Occupational
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Roof
- Other
- Yes
Security Features
- Fire Alarm
- Yes
Water Source
- Public
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Wall/Window Unit(s)
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Listing Office:
Provident Realty of South Florida Inc.
Last Updated: December - 19 - 2025
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