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99202 Overseas Highway Key Largo, FL 33037

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For Sale
$14,800,000

Hotel/Motel,Bar,Other Services,Restaurant - Key Largo, FL

Property size:
23,092 SF
Lot size:
1.14 Acres
Added:
Apr 11, 2026
Days on Market:
16
Last Refresh:
Apr 26 at 10:06 pm

Property Features for 99202 Overseas Highway

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
SC - Sub Urban Commercial District
Bedrooms
50
Bathrooms
50
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Appliances
Refrigerator
Standard status
Active
APN
00504940-000000
Size
23,092 SF
Lot size
1.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
16950.07

Building Details

Year built
1953
Roof type
Concrete
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 Apr 11, 2026

MLS# 615905 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.


Overview

Key Largo Inn Investment Opportunity

This fully operational and income-producing inn is located in a prime Key Largo location. The property spans 49,500 sq. ft. of land with 23,092 sq. ft. of building space. The Key Largo Inn has 50 total guest rooms, including 38 standard rooms and 12 spacious two-room suites with king beds and sleeper sofas. On-site amenities include a resort-style outdoor pool, and a restaurant and bar licensed with a 5COP full liquor license, allowing full-service alcohol sales. With 50 valuable transient licenses (nightly rentals) TDR's, this property provides short-term rental income and flexibility. The licenses are transferable and can be sold off separately, offering additional monetization or redevelopment options. The property has a highly visible location with 450 feet on US 1 and includes 9 parcels in the sale. The property is zoned SC - Sub Urban Commercial District. This is a one-of-a-kind investment opportunity in one of the Florida Keys' most desirable and high-demand markets. The property is located at 99202 Overseas Highway, Key Largo, FL 33037, in Monroe County.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Key Largo Inn Hotel & Motel

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Key Largo
County
Monroe
State
Florida
Longitude
-80.444143
Latitude
25.09027

FAQs

What type of property is this?
Hotel - Turnkey inn with restaurant, bar, and development potential.
Where is this hotel located?
The property is located at 99202 Overseas Highway Key Largo, FL.
What is the asking price?
The asking price for this property is $14,800,000.
What are key features of this property?
This property features: Turnkey, income‑producing inn in a prime Key Largo location.; Includes **50 transferable transient licenses (nightly rentals)** offering exceptional short‑term rental income.; Features a 5COP full liquor license for the on‑site restaurant and bar.
More about this property
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