Hotel with On-Site
For Sale
$12,250,000
27340 Overseas Highway, Ramrod Key, FL 33042
Commercial Sale, Ramrod Key, FL
Property SizeContact for details
Lot Size1.67 Acres
Days on Market343
Property Features for 27340 Overseas Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
SC - Sub Urban Commercial
Interior features
Smoke Alarms, Furnished
Subdivision
Breezeswept Bch Est (27.5)
Standard status
Active
APN
00200900-000000
Lot size
1.67 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Additional Details
Mixed-Use Components
hotel, restaurant, retail
Taxes and HOA fees
Tax Year
2024
Tax Description
BREEZESWEPT BEACH EST PB4-143 RAMROD KEY LTS 10-13 AND PT LT 14 BK 1 AND PT ADJ TRINIDAD RD (RES NO 248-1988) OR396-1077
Tax Annual Amount
93581
Legal Description
BREEZESWEPT BEACH EST PB4-143 RAMROD KEY LTS 10-13 AND PT LT 14 BK 1 AND PT ADJ TRINIDAD RD (RES NO 248-1988) OR396-1077
Utilities
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water front
1
Building Details
Year built
1958
Floors in Building
2
Number of units
25
Flooring type
Tile, Concrete
Roof type
Other
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 294-5155
Listed By:
Team Gardner/Langley · License #KWA.2032
(305) 902-2447
Added: Nov 21, 2025
Changed: Oct 24
Last Checked: Oct 30 at 3:06PM
MLS# 617400
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This 25-room hotel occupies a 1.67-acre site on Ramrod Key. The property includes a 150-seat restaurant with a newer tiki structure, a dive shop with retail and gear sales, and a 49-passenger Coast Guard-approved vessel. The hotel was built in 1958 and is zoned SC - Sub Urban Commercial.
The operation includes 25 transient rental licenses, currently in use and potentially transferable to another qualifying development subject to required approvals. A 5COP quota liquor license is offered separately; the vessel has a 2COP license for beer and wine sales.
The operation includes 25 transient rental licenses, currently in use and potentially transferable to another qualifying development subject to required approvals. A 5COP quota liquor license is offered separately; the vessel has a 2COP license for beer and wine sales.
Key Highlights
- 25‑room hotel on 1.67 acres
- 150‑seat restaurant with a newer tiki structure
- 25 transient rental licenses, potentially transferable subject to approvals
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
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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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Hotel - The lodging property includes a restaurant, a dive operation, and a passenger vessel.
Where is this hotel located?
The property is located at 27340 Overseas Highway Ramrod 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 on 1.67 acres; 150‑seat restaurant with a newer tiki structure; 25 transient rental licenses, potentially transferable subject to approvals
