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    000 Overseas Hwy Key Largo, FL 33037

    For Sale
    $13,775,000

    Hotel/Motel - Key Largo, FL

    Days on Market:
    178
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 000 Overseas Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SC - Sub Urban Commercial District
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    23
    Bathrooms
    23
    APN
    000000000
    Interior features
    Drapes/Blinds Incl, Furnished, Wet Bar
    Appliances
    Dryer, Range, Refrigerator

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1968
    Floors in Building
    2
    Number of units
    21
    Roof type
    Metal
    Architectural style
    Other

    Berkshire Hathaway HomeServices Freewheeler Realty (305) 664-4444 [email protected]

    Listing agent Kelsey Caputo - Frins (305) 664-4444 License #3422202

    Listing date Jun 17, 2025

    MLS# 614607 Listing URL

    Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Key Largo Boutique Hotel Opportunity

    Located in Key Largo, Florida, this 21-room boutique hotel is situated on nearly 3 acres stretching from Overseas Highway to Florida Bay. Zoned Suburban Commercial, the family-owned and operated property has been established for 35 years. The property features direct bay access with dockage, a private beach, a concrete boat ramp, a concrete pool, an outdoor grilling area, and multiple tiki huts. Eleven of the rooms have been fully renovated with coastal modern kitchens, elegant bathroom tile, and furniture. The remaining rooms have been freshly painted, furnished, and decorated. The property offers immediate rental income with room to elevate and expand. It is walkable to fine dining, boutique shopping, and local attractions. There is ample space for redevelopment and additional value-add opportunities. The property is a turn-key operation with major upside potential.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key Largo
    County
    Monroe
    State
    Florida
    Longitude
    -80.4245551
    Latitude
    25.1103858

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    FAQs

    What type of property is this?
    Hotel - 21-room boutique hotel on nearly 3 acres in Key Largo.
    Where is this hotel located?
    The property is located at 000 Overseas Hwy Key Largo, FL.
    What is the asking price?
    The asking price for this property is $13,775,000.
    What are key features of this property?
    This property features: - Rare 3-acre bayfront property with direct access to Florida Bay.; - 21-room boutique hotel with immediate rental income potential.; - Zoned Suburban Commercial offering redevelopment and expansion opportunities.
    (305) 664-4444
    Request Owner's contact information
    000 Overseas Hwy Key Largo, FL 33037
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    Key Largo, FL 33037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Overseas Hwy Key Largo, FL 33037
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