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    Private Island with Development Potential Title is generated by Realmo AI

    62250 Overseas Highway, Conch Key, FL 33050

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    Claim this Listing
    For Sale
    $5,750,000

    Hotel/Motel,Marina,Mobile Home Park - Conch Key, FL

    Property size:
    826 SF
    Lot size:
    1.98 Acres
    Price / SF:
    $6,961/SF
    Added:
    Mar 31, 2026
    Days on Market:
    49
    Last Refresh:
    May 18 at 2:06 pm

    Property Features for 62250 Overseas Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    MU - Mixed Use District
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Standard status
    Active
    APN
    00099060-000000
    Size
    826 SF
    Lot size
    1.98 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    40021.32

    Utilities

    Water front features
    Oceanfront, Waterfront
    Water front
    1

    Building Details

    Year built
    1997
    Floors in Building
    2
    Number of units
    16
    Architectural style
    Other

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    Listing Contact
    Gregory Dully
    Gregory Dully

    Listing agent Gregory Dully License #3420625

    Listing office RE/MAX All Keys Real Estate 98880 Overseas Hwy., Key Largo, FL

    Listing date Mar 31, 2026

    MLS# 618331 Listing URL

    Copyright © 2026 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.

    HighLights

    • Rare private island in the Florida Keys with significant development flexibility.
    • Includes 16 Monroe County transient licensed entitlements, a valuable and scarce asset.
    • Ownership of approx. 8.69 AC of submerged Atlantic Ocean Baybottom, offering long‑term flexibility for adding boat docks and aqua lodges.
    • Direct access from Overseas Hwy and minutes from Marathon & Marathon International Airport.
    • Existing improvements include three elevated 2BR/2BA vacation rental cottages and a concrete in‑ground pool, providing immediate income potential.
    • Features a white, sandy beach, hundreds of linear feet of water frontage, a deep‑water boat basin, and a concrete seawall.

    Overview

    This rare, private island with a white, sandy beach is located in the Florida Keys and offers exceptional development flexibility. Known as Little Conch Key (also known as Walker's Island), it is one of only two privately owned holdings on the island, located minutes from Marathon and Marathon International Airport, and approximately 90 miles from Miami. The island is directly accessible from Overseas Highway at MM 62 and visible from Tom's Harbor Cut Bridge. The property consists of approximately 86,183 square feet or 1.98 acres of uplands, 1.76 acres of environmentally protected land, and approximately 8.69 acres of owned submerged Atlantic Ocean bay bottom, offering hundreds of linear feet of water frontage, a deep-water boat basin, and a concrete seawall. Ownership of the bay bottom provides flexibility for adding boat docks and aqua lodges. Zoned MU (Mixed Use), the property allows for a boutique hotel, restaurant, campground, or upscale RV park. The property includes 16 Monroe County transient licensed entitlements. Existing improvements include three elevated 2BR/2BA vacation rental cottages, approximately 826 square feet each, and a concrete in-ground pool. Development potential includes luxury vacation rentals or single-family homes. Conceptual renderings are on file for a boutique hotel, restaurant, marina, boat docks, and luxury aqua lodges.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Gym & Fitness Center Hotel & Motel Grocery & Convenience Store Food Market Cafe & Coffee Shop Bar & Pub Restaurant Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Conch Key
    County
    Monroe
    State
    Florida
    Longitude
    -80.897122
    Latitude
    24.784743

    FAQs

    What type of property is this?
    Waterfront Land - Rare Florida Keys island with entitlements and development flexibility.
    Where is this waterfront land located?
    The property is located at 62250 Overseas Highway Conch Key, FL.
    What is the asking price?
    The asking price for this property is $5,750,000.
    What are key features of this property?
    This property features: Rare private island in the Florida Keys with significant development flexibility.; Includes 16 Monroe County transient licensed entitlements, a valuable and scarce asset.; Ownership of approx. 8.69 AC of submerged Atlantic Ocean Baybottom, offering long‑term flexibility for adding boat docks and aqua lodges.
    More about this property
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