Building Details

Building Size 10,956 SF

Year Built 1958

Stories 2

Listing Agency: c***@keysrealestate.com Show Phone

Listed By: Team Gardner/Langley · License #3421340 Show Phone

Source: Evrealestate

Added: Nov 21, 2025 Changed: Aug 29 Last Checked: Jun 4 at 12:48AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Team Gardner/Langley

Investment Insights

Based on property information with market context.

This Florida Keys hospitality property combines a 25-room hotel, a 150-seat restaurant, and an established dive operation. The dining component includes a newer tiki structure, while the dive business includes retail and gear sales plus a 49-passenger Coast Guard-approved vessel with its own 2COP license for wine and beer sales.

The offering also includes 25 transient rental licenses currently in use, with potential relocation to another qualifying development subject to applicable approvals. A 5COP quota liquor license is available separately and permits on-premises beer, wine, and spirits sales, along with packaged liquor sales. The property is located at 27340 Overseas Highway on Ramrod Key and is zoned SC - Sub Urban Commercial District. The hotel was built in 1958.

Key Highlights

• 25‑room hotel with 25 transient rental licenses currently in use
• 150‑seat restaurant with newer tiki structure
• 49‑passenger Coast Guard‑approved vessel included with dive operation

Property Analytics

Property Profile

Current Use

Snorkel, Scuba Dive, ... Swimming Pool Looe Key Reef ... Hotel & Motel Tranquility Bay Hotel & Motel

Suggested Use

Top Pick Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

63

Businesses Nearby

Explore this area Business Placement

Demographics for 33042, FL

6,841

Population

4,835

Households

1.4

Avg Household Size

54

Median Age

45%

College-Educated

98%

High-School Grad

27.6 sq mi

ZIP Area

248

Density / Sq Mi

$101,625

Median Household Income

$49,747

Median Earnings

$2,252

Median Rent

$759,600

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this hotels located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Hotel - Hospitality property combining lodging, dining, licensed beverage operations, and a dive business.

Where is this hotel located?

The property is located at 27340 Overseas Highway Summerland Key, FL.

What is the asking price?

The asking price for this property is $12,250,000.

What are key features of this property?

This property features: 25‑room hotel with 25 transient rental licenses currently in use; 150‑seat restaurant with newer tiki structure; 49‑passenger Coast Guard‑approved vessel included with dive operation