Rare Florida Keys Development
For Sale
$5,750,000
62250 Overseas Hwy Little Conch Is, Conch Key, FL 33050
Rare Florida Keys island with entitlements and development flexibility.
Property Size826 SF
Lot Size1.98 Acres
Price / SF$6,961
Days on Market186
Property Features for 62250 Overseas Hwy Little Conch Is
General Information
Standard status
Active
Property type
Hotels, Campgrounds, Marinas, Hospitality properties, Specialty properties
Size
826 SF
Class
A
Elevators
No
Lot size
1.98 Acres
Sale Condition
Redevelopment Project
Investment Type
Redevelopment
Building Details
Year Built
1997
Buildings
3
Listing Agency:
RE/MAX All Keys Real Estate
(305) 900-4232
Listed By:
Greg · License #SL3420625
(305) 900-4232
Added: Feb 12
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located on Little Conch Key, also known as Walker’s Island, this property is situated between Marathon and Duck Key in the Middle Florida Keys. The property is directly connected to US-1/Overseas Highway via a private causeway. The lot size is approximately 2.7 acres. The property includes approximately 57,935 square feet of uplands, 1.76 acres of environmentally protected land, and approximately 5.91 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. The property is zoned Mixed Use (MU), allowing for a range of development options such as a boutique hotel, marina/restaurant, luxury RV park or resort. Existing improvements include three elevated residential homes, each approximately 826 square feet with 2 bedrooms and 1 bathroom, used historically as rentals. The total building area is approximately 2,478 square feet. A shared concrete in-ground swimming pool enhances the guest/tenant experience. The property comes with 16 Monroe County transient lodging licenses. It is ideal for development of a boutique hotel, small marina and restaurant, high-end RV park, or luxury vacation compound. The existing cottages offer interim income potential while planning redevelopment. The property has excellent boating access with a controlled depth of approximately 4 feet, ideal for small to mid-size vessels.
Key Highlights
- 📍 Location & Setting
- Situated at Mile Marker 62.5 on Conch Key, between Marathon and Duck Key in the Middle Florida Keys.
- Connected directly to US‑1/Overseas Highway via a private causeway, offering a private island feel with road accessibility.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Explore this area
Business Placement
Demographics for 33050, FL
10,479
Population
7,314
Households
1.4
Avg Household Size
50
Median Age
34%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,152
Density / Sq Mi
$83,243
Median Household Income
$40,006
Median Earnings
$1,611
Median Rent
$705,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Rare Florida Keys island with entitlements and development flexibility.
Where is this hotel located?
The property is located at 62250 Overseas Hwy Little Conch Is 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: 📍 Location & Setting; Situated at Mile Marker 62.5 on Conch Key, between Marathon and Duck Key in the Middle Florida Keys.; Connected directly to US‑1/Overseas Highway via a private causeway, offering a private island feel with road accessibility.
