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Green Island Inn is unique property by its Key West ambiance,870’ proximity to the beach & its RMH-60 zoning.It has been owned by a family for 60y. 25 units motel operated as 27units in a good condition. Extensive landscape provides for guests privacy. Open courtyard w/large in-ground pool &gazebos.Zoning RMH60 Residential Multifamily High- Rise Density District 50 units p/ac.Permitted uses include multifamily residential use,hotels, motel, &day care facilities.It allows mixed-use development,nursing homes, schools,hospitals,etc. as conditional use.Units break down:11 efficiencies (265sf.ft),10 large efficiencies (365sf.ft) &4-1BDs of various sizes (378-858sf.ft).All efficiencies with small kitchen areas. 27 parking spaces.Owner financing available to qualified prospects.
DAYS ON MARKET | 452 | LAST UPDATED | 10/21/2021 |
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YEAR BUILT | 1955 | COMMUNITY | 3160 |
COUNTY | Broward | STATUS | Sold |
PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to Jun 23, '20 | $4,750,000 |
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Jun 23, '20 - Today | $4,250,000 |
ADDITIONAL DETAILS | |
AREA | 3160 |
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LOT | 0.554 acre(s) |
TAXES | 32750 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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