99202 Overseas HWY, Key Largo, FL 33037
99202 Overseas HWY, Key Largo, FL 33037
99202 Overseas HWY, Key Largo, FL 33037
99202 Overseas HWY, Key Largo, FL 33037
99202 Overseas HWY, Key Largo, FL 33037
99202 Overseas HWY, Key Largo, FL 33037
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Moe Smyth

Moe Smyth

+1(305) 393-6938
Listed by Gregory Dully RE/MAX All Keys Real Estate
$ 14,550,000
Est. payment | /mo

50 Beds

50 Baths

23,092 SqFt

Save
$ 14,550,000
Est. payment | /mo
Save

50 Beds

50 Baths

23,092 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 23,092 sqft

Price per Sqft $630

Subdivision Sunset Cove (99.5)

MLS Listing ID 615905

Bedrooms 50

Full Baths 50

HOA Y/N No

Year Built 1953

Annual Tax Amount $16,950

Tax Year 2025

Lot Size 1.136 Acres

Acres 1.14

Lot Dimensions 450 x 110

Property Sub-Type Commercial

Land Area 23092

Property Description

TURNKEY INN & HOSPITALITY INVESTMENT IN THE HEART OF KEY LARGO! This fully operational and income-producing inn is located in a prime Key Largo location and offers a rare combination of scale, flexibility, and future development potential. Highly visible location with 450 feet on US 1 with a total of 9 parcels included in sale. The property spans 49,500 sq. ft. of land with 23,092 sq. ft. of building space. The Key Largo Inn has 50 total guest rooms—including 38 standard rooms and 12 spacious two-room suites with king beds and sleeper sofas, ideal for families and extended stays. On-site amenities include a resort-style outdoor pool, and a restaurant and bar licensed with a 5COP full liquor license, allowing full-service alcohol sales. With 50 valuable transient licenses(nightly rentals)TDR's This property provides exceptional short-term rental income and flexibility. The licenses are transferable and can be sold off separately, offering additional monetization or redevelopment options. Whether you continue operating this thriving inn or reposition the site for alternative commercial or mixed-use purposes, this is a one-of-a-kind investment opportunity in one of the Florida Keys' most desirable and high-demand markets.

Location

State FL

County Monroe

Area 27 - Key Largo Mm 97-107

Zoning SC - Sub Urban Commercial District

Direction US 1 North MM 99

Interior

Appliance Refrigerator

Exterior

Parking Features Trailer Storage, Off Street

Utilities Available FKAA, Buyer To Verify

Waterfront Description None

Roof Type Concrete Roof

Garage No

Others

HOA Fee Include None

Tax ID 00504940-000000

Miscellaneous High Visibility, Other Miscellaneous, Highway Frontage, Handicap Access, High Traffic Location, Fencing, Lobby, Pool

Nearby Locations

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Moe Smyth

Moe Smyth

Agent | License ID: 3245528

+1(305) 393-6938

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99202 Overseas HWY