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25802271
25802270

99202 Overseas Hwy, Key Largo, FL 33037

GD
FL SL3420625
RE/MAX All Keys Real Estate
CS
FL FL 263500131
RE/MAX All Keys Real Estate
Listed by RE/MAX All Keys Real Estate
$14,550,000
301 days on market
Updated 16 days ago

Key Largo Inn

Details
Property Type Hospitality, Retail
Sub Type Bar, Hotel (+1)
Square Footage 23,092
Net Rentable (SqFt) 23,092
Keys 50
Beds 50
Class B
Year Built 1953
Year Renovated 1957
Buildings 1
Stories 2
Lot Size (SqFt) 49,500
Zoning SC - Sub Urban Commercial District

Key Largo Inn

Marketing 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.

Investment highlights

  • Prime Key Largo location with
    excellent visibility and access

  • Two-story hospitality property on
    a 49,500 sq. ft. lot

  • Total building size: 23,092 sq. ft.

  • Operating as a 50 Unit Motel

  • 50 guest rooms: 38 standard
    rooms + 12 two-room suites with
    king beds & sleeper sofas

  • Resort-style outdoor pool and
    on-site restaurant & bar

  • Unrestricted, Transferrable &
    Valuable 5COP full liquor license
    included for full-service alcohol
    sales

  • 50 transferable transient rental
    licenses—valuable for short-term
    rental income

  • Flexible layout ideal for continued
    hospitality use or future
    redevelopment

  • High-demand location near
    attractions, water activities, and
    local dining

  • Excellent investment or
    repositioning opportunity in the
    Florida Keys

Listing Contacts

GD
FL SL3420625
RE/MAX All Keys Real Estate
CS
FL FL 263500131
RE/MAX All Keys Real Estate
Listed by RE/MAX All Keys Real Estate

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Additional Information

Name
Greg Dully
License
SL3420625
Brokerage
RE/MAX All Keys Commercial
Brokerage Phone
305-916-3332
Title
Commercial Specialist
Name
Curtis A. Skomp, CCIM
License
FL 263500131
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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