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    Tavernier, FL Plantation Key, FL Islamorada, FL Homestead, FL Florida City, FL
    Waterfront Boutique Hotel
    Updated: Jul 22
    Waterfront Boutique Hotel

    97850 Overseas Highway, Key Largo, FL 33037

    $12,450,000
    2.00 AC lot
    Approximately 2 acres of upland plus nearly one acre of bay bottom
    Direct Florida Bay access with protected dockage
    Private sandy beach and concrete boat ramp
    Heated and chilled swimming pool with multiple tiki huts
    10 guest rooms renovated with modern coastal finishes
    View details
    Waterfront Boutique Hotel with Dockage
    Updated: Jul 22
    Waterfront Boutique Hotel with Dockage

    97850 Overseas Highway, Key Largo, FL 33037

    $12,450,000
    3.00 AC lot
    21‑room boutique hotel, built in 1968
    About 2 acres upland and nearly 1 acre bay bottom with direct Florida Bay frontage
    Protected dockage with direct bay access plus a private sandy beach
    Heated swimming pool, outdoor grilling areas, and multiple tiki huts
    Concrete boat ramp on the property
    View details
    See hot listings in Key Largo

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 2 Active listings in Key Largo, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Boutique Motel with Waterfront Access
    Boutique Motel with Waterfront Access

    243 61st Street, Marathon, FL 33050

    $5,900,000
    4,557 sqft 0.56 AC lot

    Thirteen furnished guest rooms span eight cottages and a main building with on-site laundry and guest parking.

    View details
    Furnished Short-Term Rental Property
    Furnished Short-Term Rental Property

    229 SW 9TH St 406, Miami, FL 33130

    $419,000

    Brickell condo-hotel unit with daily rental flexibility, private balcony, assigned parking, and resort-style amenities.

    View details
    Oceanfront Land and Marina Opportunity
    Oceanfront Land and Marina Opportunity

    13900 Overseas Hwy, Marathon, FL 33050

    $12,900,000
    21.00 AC lot

    Over 20 acres of land and marina in Marathon, Florida.

    View details
    190-Room EVEN Hotel
    190-Room EVEN Hotel

    3499 NW 25th Street, Miami, FL 33142

    Contact for pricing

    Full-service hotel with an on-site restaurant and rentable conference facilities near Miami International Airport.

    View details

    Off-Market Properties in Key Largo, FL

    Consider similar Off-Market properties in Key Largo, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    101740 Overseas Hwy
    HOTEL/MOTEL

    101740 Overseas Hwy, Key Largo, FL 33037-2664

    Estimated value: by Request
    2,722 sqft 2.85 AC lot
    View details
    104000 Overseas Hwy
    HOTEL/MOTEL

    104000 Overseas Hwy, Key Largo, FL 33037-2906

    Estimated value:
    $360,000
    0.33 AC lot
    View details
    107800 Overseas Hwy
    HOTEL/MOTEL

    107800 Overseas Hwy, Key Largo, FL 33037-3101

    Estimated value:
    $620,000
    1.03 AC lot
    View details
    103500 Overseas Hwy
    HOTEL/MOTEL

    103500 Overseas Hwy, Key Largo, FL 33037-2839

    Estimated value: by Request
    2.98 AC lot
    View details
    103365 Overseas Hwy
    HOTEL/MOTEL

    103365 Overseas Hwy, Key Largo, FL 33037-4762

    Estimated value:
    $885,000
    1,872 sqft 0.12 AC lot
    View details
    29 Shoreland Dr
    HOTEL/MOTEL

    29 Shoreland Dr, Key Largo, FL 33037-4750

    Estimated value:
    $1,605,000
    3,042 sqft 0.48 AC lot
    View details
    97802 Overseas Hwy
    HOTEL/MOTEL

    97802 Overseas Hwy, Key Largo, FL 33037-2229

    Estimated value:
    $5,090,000
    3,808 sqft 2.23 AC lot
    View details
    97000 Overseas Hwy
    HOTEL/MOTEL

    97000 Overseas Hwy, Key Largo, FL 33037-2210

    Estimated value:
    $1,985,000
    45,504 sqft 11.93 AC lot
    View details
    104300 Overseas Hwy, Unit 5
    HOTEL/MOTEL

    104300 Overseas Hwy, Key Largo, FL 33037-2935

    Unit 5
    Estimated value:
    $3,375,000
    2,736 sqft 1.10 AC lot
    View details
    95500 Overseas Hwy
    HOTEL/MOTEL

    95500 Overseas Hwy, Key Largo, FL 33037-2047

    Estimated value:
    $215,000
    2,371 sqft 2.58 AC lot
    View details
    99490 Overseas Hwy
    HOTEL/MOTEL

    99490 Overseas Hwy, Key Largo, FL 33037-2460

    Estimated value:
    $885,000
    17,682 sqft 2.38 AC lot
    View details
    97450 Overseas Hwy
    HOTEL/MOTEL

    97450 Overseas Hwy, Key Largo, FL 33037-2209

    Estimated value:
    $4,975,000
    57,786 sqft 13.79 AC lot
    View details
    99360 Overseas Hwy
    HOTEL/MOTEL

    99360 Overseas Hwy, Key Largo, FL 33037-2435

    Estimated value:
    $385,000
    2,126 sqft 0.17 AC lot
    View details
    99340 Overseas Hwy
    HOTEL/MOTEL

    99340 Overseas Hwy, Key Largo, FL 33037-2435

    Estimated value:
    $635,000
    12,907 sqft 1.98 AC lot
    View details
    201 Ocean Dr
    HOTEL/MOTEL

    201 Ocean Dr, Key Largo, FL 33037-4325

    Estimated value:
    $580,000
    12,043 sqft 2.04 AC lot
    View details
    417 Bahia Ave
    HOTEL/MOTEL

    417 Bahia Ave, Key Largo, FL 33037-4347

    Estimated value:
    $465,000
    4.20 AC lot
    View details
    95320 Overseas Hwy
    HOTEL/MOTEL

    95320 Overseas Hwy, Key Largo, FL 33037-2043

    Estimated value:
    $410,000
    5,695 sqft 1.58 AC lot
    View details
    147 Seaside Ave
    HOTEL/MOTEL

    147 Seaside Ave, Key Largo, FL 33037-3892

    Estimated value:
    $455,000
    7,300 sqft 1.71 AC lot
    View details
    99010 Overseas Hwy
    HOTEL/MOTEL

    99010 Overseas Hwy, Key Largo, FL 33037-2452

    Estimated value:
    $900,000
    10,539 sqft 11.68 AC lot
    View details
    650 Bch Rd
    HOTEL/MOTEL

    650 Bch Rd, Key Largo, FL 33037

    Estimated value:
    $120,000
    1.29 AC lot
    View details
    97801 Overseas Hwy1-28
    HOTEL/MOTEL

    97801 Overseas Hwy1-28, Key Largo, FL 33037-4026

    Estimated value:
    $255,000
    1,228 sqft 3.92 AC lot
    View details
    107900 Overseas Hwy
    HOTEL/MOTEL

    107900 Overseas Hwy, Key Largo, FL 33037-3126

    Estimated value:
    $945,000
    10,794 sqft 4.67 AC lot
    View details

    Key Largo, FL Hotels Market Trends and Statistics

    Explore 43 hotels for sale in Key Largo, FL on our real estate platform.

    Sale prices for resorts in Key Largo, FL average $12,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Resorts 5
    Campgrounds 3
    Hotels 2

    Demographics Overview

    Population 14K
    Population Growth (5Y) +24.8%
    Median Household Income $80,911
    College Educated 57.0%

    High-Yield Neighborhoods for Investment

    Identify Key Largo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33037 $12.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.67%
    Property Tax per SF $10.54 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    • 33037

    Featured Key Largo Real Estate Agencies

    Realmo connects you with licensed Key Largo CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    American Caribbean Real Estate
    99900 Overseas Highway, PO Box 600 Key Largo, FL 33037
    Phone: 13054514078
    www.americancaribbean.com/
    Star Properties of the Florida Keys
    99353 Overseas Hwy. Suite 9 Key Largo, FL 33037
    Phone: 13059231042
    www.FlKeys-RealEstate.com
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