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    62250 Overseas Hwy Conch Key, FL 33050

    For Sale
    $7,500,000

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

    Days on Market:
    54
    Last Refresh:
    Dec 14 at 2:06 am

    Property Features for 62250 Overseas Hwy

    General Information

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

    Utilities

    Water front features
    Oceanfront, Waterfront
    Water front
    1

    Building Details

    Year built
    1997
    Floors in Building
    2
    Number of units
    3
    Architectural style
    Other

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty (305) 294-5155 [email protected]

    Listing agent Team Gardner/Langley (305) 294-5155 License #BK612006

    Listing date Oct 22, 2025

    MLS# 615920 Listing URL

    Copyright © 2025 Key West Association 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

    Waterfront Property with Development Potential

    This property presents a unique opportunity to develop a boutique hotel with 16 transient licenses. The waterfront setting offers potential for developing a small marina and restaurant, or a high-end 16-unit RV park. Currently, the property features three elevated residential homes, each with 2 bedrooms, 1 bathroom, and 826 sq ft of living space. A shared pool enhances the guest experience. The property is located in Conch Key, Florida, and is connected to US-1 via causeway. The zoning is MU - Mixed Use District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Realty agency Gym & Fitness Hotel & Motel Grocery Store Food Market Cafe & Coffee Shop Bar & Pub Italian Restaurant Breakfast

    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

    Nearby Similar for Sale

    • $3,899,000
      1,647 SF

      Beachfront Multifamily Investment Opportunity

      Iconic Long Key beachfront duplex with nightly rental potential.
      65620 Overseas Hwy, Long Key, FL 33001
      View Details

    FAQs

    What type of property is this?
    Hotel - Unique waterfront property with development potential in Conch Key, Florida.
    Where is this hotel located?
    The property is located at 62250 Overseas Hwy Conch Key, FL.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - 16 transient licenses for boutique hotel development; - Private island feel with causeway access to US-1; - Waterfront property with potential for marina and restaurant
    (305) 294-5155
    Request Owner's contact information
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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
    62250 Overseas Hwy Conch Key, FL 33050
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