

Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty
$12,250,000
Looe Key Reef Resort
Details
Property Type Hospitality
Sub Type Hotel, Hospitality
Square Footage 10,956
Year Built 1958
Stories 2
Acreage 1.672
Investment Type Core+
Hospitality
Marketing description
Offering Overview
This sale includes a rare combination of income-producing assets, valuable licenses, and entitlements in the Florida Keys, at appraised value consisting of:
• 25 Transient Rental Licenses – Currently in use and potentially available to be moved to another qualifying development, subject to all applicable approvals.
• 150-Seat Restaurant – Established food & beverage venue with a newer tiki structure, ideal for waterfront or resort-style dining.
• 5COP Quota Liquor License available separately – A valuable, transferable 5COP license allowing for the sale of beer, wine, and spirits for on-premises consumption, providing significant upside for the restaurant and bar operation which also allows for packaged Liquor sales.
• 25-Room Hotel – Turnkey lodging operation benefiting from the transient licenses and strong Florida Keys tourism demand.
• Dive Shop & Vessel – A popular, well-respected Florida Keys dive operation, including a 49-passenger coast guard approved Vessel with its own 2cop bar license allowing for wine and beer sales, retail/gear component, and a established customer base.
Investment highlights
- This sale includes a rare combination of income-producing assets, valuable licenses, and entitlements in the Florida Keys, at appraised value consisting of:
- 25 Transient Rental Licenses – Currently in use and potentially available to be moved to another qualifying development, subject to all applicable approvals.
- 150-Seat Restaurant – Established food & beverage venue with a newer tiki structure, ideal for waterfront or resort-style dining.
- 5COP Quota Liquor License available separately – A valuable, transferable 5COP license allowing for the sale of beer, wine, and spirits for on-premises consumption, providing significant upside for the restaurant and bar operation which also allows for packaged Liquor sales.
- 25-Room Hotel – Turnkey lodging operation benefiting from the transient licenses and strong Florida Keys tourism demand.
- Dive Shop & Vessel – A popular, well-respected Florida Keys dive operation, including a 49-passenger coast guard approved Vessel with its own 2cop bar license allowing for wine and beer sales, retail/gear component, and a established customer base.
Listing Contacts


Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty
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