About 000 Overseas Highway
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.
Features of 000 Overseas Highway
MLS® # | 614607 |
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Price | $13,775,000 |
Bedrooms | 23 |
Bathrooms | 23.00 |
Full Baths | 23 |
Square Footage | 12,788 |
Year Built | 1968 |
Type | Commercial Sale |
Sub-Type | Commercial |
Status | Active |
Community Information
Address | 000 Overseas Highway |
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Area | 27 - Key Largo MM 97-107 |
Subdivision | Misc Sub MM 97-107 (98.0) |
City | KEY LARGO |
County | Monroe |
State | FL |
Zip Code | 33037 |
Amenities
Utilities | FKAA, Buyer to Verify |
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Parking | Off Street Parking |
View | Bay/Gulf View |
Is Waterfront | Yes |
Waterfront | Bay Front |
Interior
Interior Features | Drapes/Blinds Incl, Furnished, Wet Bar |
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Appliances | Refrigerator, Dryer, Washer, Range |
Heating | Central Air, Wall/Window Unit(s) |
# of Stories | 2 |
Exterior
Lot Description | 2 Less Than 5 Acres |
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Windows | Impact Rstnce Window |
Roof | Metal Roof |
Construction | CBS |
Additional Information
Date Listed | April 12th, 2025 |
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Days on Market | 71 |
Zoning | SC - Sub Urban Commercial District |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Kelsey Caputo |
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Office | Berkshire Hathaway HomeServices Keys Real Estate - Islamorada |