000 Overseas Highway
Key Largo, FL 33037
23 beds | 23.00 baths | #614607
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.
Property Details
- SubdivisionMisc Sub MM 97-107 (98.0)
- Property TypePurchase
- Cost15000000
- MLS #614607
- MLS #614607
- Bathrooms23.00
- Year Built1968
- Bedrooms23
- Property SubtypeC
Location
Legal
Notice: This listing provided courtesy of Florida Keys MLS (FLKEYSMLS). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Last Updated:Â . Source: FLKEYSMLS
Listing Courtesy
Listing Agent: Kelsey Caputo (#3422202), Phone: (305) 363-9998, Email: sales@kelseycaputorealtor.com
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada (#253021)
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