$15,000,000

000 Overseas Highway, Key Largo, FL 33037

  • 23 beds |
  • 23 baths
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Opportunities like this are few and far between. Nestled on nearly 3 acres stretching from Overseas Highway to the sparkling waters of Florida Bay, this 21-room boutique hotel is a true hidden gem in the heart of Key Largo. Zoned Suburban Commercial and family-owned and operated for 35 years, this is one of the rarest bayfront hospitality offerings available in the Upper Keys.The property boasts direct bay access with dockage, a private beach, concrete boat ramp, concrete pool, outdoor grilling area, and multiple tiki huts--set against postcard-perfect sunset views. 11 of the rooms have been fully renovated with coastal modern kitchens, elegant bathroom tile, and furniture, while the remaining rooms have been freshly painted, furnished, and decorated income-producing - offering immediate rental income with room to elevate and expand.Walkable to fine dining, boutique shopping, and local attractions--yet entirely serene--this is more than a property; it's a rare piece of paradise ready to become the next iconic destination in the Keys. With ample space for redevelopment and additional value-add opportunities, this is a rare find for investors or hoteliers seeking a turn-key operation with major upside potential. Don't miss your chance to own a piece of paradise in one of the most desirable destinations in the Florida Keys.NO SIGN ON PROPERTY. PLEASE CALL FOR SHOWINGS AND DO NOT WALK PROPERTY WITHOUT LISTING AGENT.

Listing Status:
Active
Listing Office:
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada : (305) 664-4444
Listing Agent:
Kelsey Caputo : (305) 363-9998
MLS ID:
614607
  • Disability Feature: For Sale

This listing courtesy of Kelsey Caputo, Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Key Largo School

104801 Overseas Hwy, Key Largo, FL, 33037

Grades PK-8

2.10 miles away

K

Key Largo School

104801 Overseas Hwy, Key Largo, FL, 33037

Grades PK-8

2.10 miles away

C

Coral Shores High School

89901 Old Hwy, Tavernier, FL, 33070

Grades 9-12

12.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.