Boutique Waterfront
97850 Overseas Highway Key Largo, FL 33037
New
97850 Overseas Highway, Key Largo, FL, 33037
$12,450,000
For Sale
$12,450,000
COMMERCIAL - Key Largo, FL
Lot Size2.00 Acres
Days on Market2
Property Features for 97850 Overseas Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- SC - Sub Urban Commercial
- Bedrooms
- 23
- Bathrooms
- 23
- Rooms
- Bathroom 8, Bathroom 3, Bathroom 15, Bathroom 22, Bedroom 9, Bathroom 5, Bedroom 5, Bedroom 14, Bedroom 16, Bathroom 23, Bedroom 3, Bedroom 21, Bathroom 13, Bathroom 20, Bathroom 9, Bathroom 4, Bedroom 18, Bedroom 13, Bedroom 8, Bathroom 1, Bedroom 12, Bedroom 15, Bedroom 11, Bedroom 6, Bathroom 18, Bedroom 4, Bathroom 6, Bedroom 23, Bedroom 2, Bathroom 19, Bathroom 16, Bathroom 14, Bathroom 21, Bathroom 10, Bedroom 7, Bathroom 11, Bathroom 12, Bathroom 17, Bedroom 10, Bedroom 17, Bathroom 7, Bathroom 2, Bedroom 22, Bedroom 20, Bedroom 1, Bedroom 19
- Appliances
- Refrigerator, Range, Washer, Dryer
- Standard status
- Active
- APN
- 00091050000000
- Lot size
- 2.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 6 62 39 Island Of Key Largo Pb 1-59 Pt Lot 10 & .8Ac Bay Btm Or378-474(Ii Deed 24324) Or513-584 Or817-1441/1442 Or817-14
- Tax Annual Amount
- 36459
Utilities
- Heating system
- Electric (Heating), Ductless (Heating)
- Cooling system
- Central Air, Wall/Window Unit(s), Window Unit(s)
- Water front
- 1
Building Details
- Year built
- 1968
- Number of units
- 22
- Flooring type
- Tile
- Building materials
- CBS, Concrete
- Roof type
- Metal
Listing agency
Ocean Sotheby's International Realty
(305) 712-8888
Listed by
Kim Bagnell Thaler · License #679315
(305) 393-2787
Added: Jul 22 Checked: Jul 23 at 3:06AM
MLS# 620702
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.
Investment Insights
Based on property information with market context.
This for-sale boutique hotel includes 21 guest rooms and is positioned for waterfront hospitality on upland plus bay bottom. The property is described as family-owned and well maintained, with direct access to Florida Bay and protected dockage, along with a private sandy beach and a concrete boat ramp. On-site outdoor amenities include a heated swimming pool, outdoor grilling areas, and multiple tiki huts.
The offering is located on Overseas Highway in Key Largo and is described as stretching from Overseas Highway to the waters of Florida Bay. The remarks note year-round sunset views.
The property is presented as turnkey, with 10 guest rooms reported as renovated with a modern coastal design, while the remaining rooms have been refreshed with new paint and updated furnishings.
The offering is located on Overseas Highway in Key Largo and is described as stretching from Overseas Highway to the waters of Florida Bay. The remarks note year-round sunset views.
The property is presented as turnkey, with 10 guest rooms reported as renovated with a modern coastal design, while the remaining rooms have been refreshed with new paint and updated furnishings.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rock Reef Resort
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - 21-room boutique hotel with direct Florida Bay access, protected dockage, and outdoor amenities including a heated pool.
Where is this hotel located?
The property is located at 97850 Overseas Highway Key Largo, FL.
What is the asking price?
The asking price for this property is $12,450,000.
