

Listed by The Agency Florida Keys
$45,000,000
17075 Overseas Highway, Sugarloaf Key, FL 33042
Details
APN 00118420-000000
Property Type Mixed Use, Hospitality
Sub Type Hotel, Marina
Square Footage 32,888
Net Rentable (SqFt) 8,350
Keys 55
Occupancy 100%
Buildings 5
Acreage 10.590
Zoning DR,SC
10.6-acre waterfront resort redevelopment opportunity near Key West with vested hotel dev rights
Marketing description
Iconic waterfront investment opportunity in the heart of the Lower Keys — Sugarloaf Lodge presents a rare chance to acquire one of the most recognizable hospitality properties between Key West and Marathon. Positioned on prime open water with protected dockage and sweeping sunset views, this legacy destination combines immediate income with significant redevelopment upside. The offering includes a 31-room existing hotel plus 24 vested development rights for a total of 55 hotel rooms at buildout. Improvements also include a hotel office/lobby, full-service restaurant (Real Estate only) tiki bar, marina facilities (real estate only), 5 COP liquor license, commercial retail strip (real estate only), and a 3-bedroom residential apartment.Located directly on the Overseas Highway with exceptional visibility and boating access, the property attracts both drive-to and marine traffic. Guests enjoy immediate access to world-class fishing, diving, and backcountry waters, while the location offers convenient proximity to Key West.With flexible zoning and strong tourism demand in the Lower Keys corridor, the property offers multiple paths forward — reposition, renovate, expand, or reimagine into a boutique waterfront retreat. The combination of land value, dockage, and location creates long-term strategic upside for a savvy investor.
Confidential offering — qualified inquiries only.
Investment highlights
Sugarloaf Lodge presents investors with the opportunity to acquire a rare waterfront hospitality asset in one of the most supply-constrained resort markets in the United States, with the potential to unlock significant value through redevelopment and repositioning.
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Listed by The Agency Florida Keys
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