Private Island with Development
62250 Overseas Highway, Conch Key, FL 33050
Hotel/Motel,Marina,Mobile Home Park - Conch Key, FL
Property size:
826 SFLot size:
1.98 AcresPrice / 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
Listing agent Gregory Dully License #3420625 (305) 900-4232
Listing office RE/MAX All Keys Real Estate 98880 Overseas Hwy., Key Largo, FL (305) 451-0060
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
Location Insight
- Map
- Local Demand
- City
- Conch Key
- County
- Monroe
- State
- Florida
- Longitude
- -80.897122
- Latitude
- 24.784743
Nearby Similar for Sale
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.
