The “Plaza Office and Retail Building Complex” is composed of three buildings, approximately 29,279 square feet of office, retail and medical offices, situated on 2 acres of highly desirable land.

There is a window of opportunity to make available for sale one or all the three buildings that comprise The Plaza Building at the heart of Ocean Reef. It is one of the only privately-owned commercial buildings at the club. Forbes Magazine reported that Ocean Reef has been honored by Platinum Clubs® of the World (2018-19) not only as the #2 Country Club in the US, but also the #12 Club in the world.

With members from all USA states and 37 countries, Ocean Reef is a community with one of the highest concentrations of ultra-high-net-worth individuals and families in the world, far exceeding Palm Beach, Florida. Ocean Reef is approximately 55 miles southeast of Miami International Airport. The club can be reached by land, by sea and even by sky via a private airport.

Emblematic of club-style living, Ocean Reef Club proudly features amenities and services that surpass all imaginable expectations, including a 175-slip marina, two championship golf courses, spa, salon and fitness center, art league, cultural center, pools, lagoon, fully staffed medical center, 4,400’ airstrip, airport with jet fuel on-site, world-class tennis center and Pre-K3 through 8th grade Academy.

For those seeking comfort in this standard of living, Ocean Reef Club offers an array of real estate choices suited to meet your personal needs and individual lifestyle. Our wide selection of island homes is nestled within 2,500 tropical acres along the coastline of Florida’s largest archipelago island, Key Largo.

Safety & Security

Four generations of Ocean Reef families and their guests benefit from the safety and security that has been put into place to protect US Presidents and foreign dignitaries, including Richard Nixon, Bill Clinton, George Bush (41 & 43), Barack Obama, Mikhail Gorbachev, and Francois Mitterrand. Each visit required state-of-the-art security that has stayed in place to protect us all. Please: WATCH THE VIDEO.

Potential for Condominium Conversion Or Corporate Headquarters

All of the preliminary work has been done to pave the way for the possibility of a condominium conversion of the Plaza Building. Documentation shall be provided to prospective buyers during the due diligence period of the sale. Alternatively, all three buildings, sold together, could make a perfect USA corporate headquarters.

Benefits of Living and Working in Florida

Florida’s stable and highly favorable tax climate provides advantages that make a Florida location profitable for every type of business.*

• NO corporate income tax on limited partnerships
• NO corporate income tax on subchapter S-corporations
• NO state personal income tax guaranteed by constitutional provision
• NO corporate franchise tax on capital stock
• NO state-level property tax assessed
• NO property tax on business inventories
• NO property tax on goods-in-transit for up to 180 days
• NO sales and use tax on goods manufactured or produced in Florida for export outside the state
• NO sales tax on purchases of raw materials incorporated in a final product for resale, including non-reusable containers or packaging
• NO sales/use tax on co-generation of electricity

* Source: Enterprise Florida, Inc. (EFI), a public-private partnership between Florida’s business and government leaders and is the principal economic development organization for Florida

Address: 31 Ocean Reef Dr., Key Largo, FL 33037

Price: $28,975,000

For more information, please contact Mary Lee at 917.603.3252 or marylee@oceanreefclubsir.com

Mary Lee is the exclusive agent representing the Ocean Reef, FL real estate market as a member of the LuxuryRealtors Network.  View all of her listings here.