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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

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.

More Information MLS# R10047060

Contract Information

Comp Sale YN: No Listing Contract Date: 2014-06-06 Status: Closed Original List Price: 12900000 Sold Price: $11,200,000 Current Price: $11,200,000

Location and Legal

County Or Parish: Monroe County Parish Name: Monroe City Name: Islamorada Postal Code: 33036 Property Description: Gilbert's Resort Street Number: 107900 Street Name: 107900 Street Suffix: Highway State Or Province: FL Area: 5940 - Other Florida County Parcel Number: 00083700000000 Zoning: n/a Directions: Coming of the bridge watch out for Gilbert's Resort signage.

General Property Information

Lot Size Area: 174240 Stories: 2 Building Area Main: 836 Building Area Source: Owner Year Built: 1967 Lot Size Acres: 4

Currently Not Used

Number Of Units Total: 3

Remarks and Miscellaneous

Public Historical Remarks: Building Type: Y

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Assumed 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

Flooring

Tile: 1 Other: 1

Documents Available

Books & Records: 1 Existing Survey: 1 Financial Statement: 1 Tax Return: 1

Structure Type

Hotel/Motel: 1 Office: 1

Location of Property

Beach Access: 1

Possession

Close Of Escrow: 1

Sewer

Septic Tank: 1

Utilities

Cable Available: 1

Building and Property Details

% Air Conditioned: 35 Maximum Ceiling Height: 0

Building Features

Free Standing: 1

Business Type

Commercial: 1

Heating

Other: 1

Sale Includes

Building: 1 Land: 1

Special Licenses

Occupational: 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1

Roof

Other: 1

Security Features

Fire Alarm: 1

Water Source

Public: 1

Cooling

Ceiling Fan(s): 1 Wall/Window Unit(s): 1

Showing Requirements

Call Listing Agent: 1

Price Calculations

Current Price To SqFt: 13397.12 Original List Price To Close Price: 1.15

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

Originating Details

Originating System Key: 20140606115111197448000000 Originating System ID: M00000170

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

Listing Office: Provident Realty of South Florida Inc.

Last Updated: December - 19 - 2025

107900 107900 Highway, Islamorada, FL 33036- MLS# R10047060

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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