For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Key Largo Inn Investment Opportunity Title is generated by Realmo AI

    99202 Overseas Highway, Key Largo, FL 33037

    View on Map
    Claim this Listing
    For Sale
    $14,550,000

    COMMERCIAL - Key Largo, FL

    Property size:
    23,092 SF
    Lot size:
    1.14 Acres
    Price / SF:
    $630/SF
    Added:
    Jul 23, 2025
    Days on Market:
    304
    Last Refresh:
    May 22 at 1:06 pm

    Property Features for 99202 Overseas Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    SC - Sub Urban Commercial
    Bedrooms
    50
    Bathrooms
    50
    Rooms
    Bedroom 7, Bathroom 20, Bathroom 30, Bedroom 13, Bathroom 48, Bedroom 45, Bathroom 37, Bedroom 27, Bedroom 3, Bathroom 9, Bedroom 41, Bathroom 39, Bedroom 35, Bathroom 43, Bedroom 42, Bathroom 21, Bathroom 31, Bathroom 35, Bathroom 4, Bedroom 11, Bathroom 15, Bedroom 4, Bathroom 23, Bedroom 17, Bedroom 12, Bedroom 15, Bedroom 43, Bedroom 10, Bathroom 17, Bathroom 40, Bedroom 2, Bathroom 24, Bedroom 14, Bedroom 50, Bathroom 10, Bathroom 46, Bathroom 6, Bathroom 18, Bedroom 6, Bathroom 22, Bedroom 40, Bedroom 49, Bathroom 28, Bedroom 5, Bedroom 18, Bathroom 11, Bedroom 9, Bathroom 45, Bathroom 27, Bedroom 24, Bedroom 26, Bedroom 1, Bathroom 29, Bedroom 48, Bathroom 3, Bedroom 22, Bathroom 8, Bedroom 21, Bathroom 16, Bathroom 12, Bedroom 36, Bedroom 23, Bathroom 32, Bedroom 46, Bedroom 20, Bedroom 19, Bathroom 41, Bedroom 47, Bedroom 37, Bedroom 16, Bedroom 34, Bathroom 19, Bedroom 29, Bedroom 39, Bathroom 1, Bathroom 14, Bathroom 7, Bedroom 8, Bedroom 38, Bathroom 49, Bathroom 50, Bathroom 36, Bathroom 42, Bedroom 33, Bedroom 30, Bathroom 47, Bedroom 25, Bathroom 44, Bathroom 38, Bathroom 5, Bedroom 31, Bedroom 32, Bathroom 34, Bathroom 33, Bedroom 44, Bedroom 28, Bathroom 2, Bathroom 13, Bathroom 25, Bathroom 26
    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 Description
    LOTS 2 THROUGH 11 PB1-165 SUNSET COVE KEY LARGO OR567-901 OR648-629 OR665-63 OR650-156CT OR767-102 OR796-1221 OR847-1350
    Tax Annual Amount
    16950

    Building Details

    Year built
    1953
    Building materials
    CBS
    Roof type
    Concrete

    We can help!

    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 Jul 23, 2025

    MLS# 615905

    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.

    HighLights

    • Fully operational, income‑producing inn in a prime Key Largo location.
    • Includes 50 valuable transient licenses (nightly rentals) that are transferable and can be sold separately.
    • Features a restaurant and bar with a 5COP full liquor license.
    • Offers 50 guest rooms, including 12 spacious two‑room suites.
    • Large property spanning 49,500 sq. ft. of land with 23,092 sq. ft. of building space and 450 feet on US 1.
    • Significant redevelopment potential for alternative commercial or mixed‑use purposes.

    Overview

    This fully operational inn is located in Key Largo and offers scale, flexibility, and future development potential. The property has a highly visible location with 450 feet of frontage on US 1 and includes 9 parcels, spanning 49,500 square feet of land with 23,092 square feet of building space. The Key Largo Inn features 50 guest rooms, including 38 standard rooms and 12 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. The property has 50 transient licenses (nightly rentals). The licenses are transferable and can be sold off separately, offering additional monetization or redevelopment options. This property is zoned SC - Sub Urban Commercial. The property is located 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 development potential in Key Largo, Florida.
    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 $14,550,000.
    What are key features of this property?
    This property features: Fully operational, income‑producing inn in a prime Key Largo location.; Includes 50 valuable transient licenses (nightly rentals) that are transferable and can be sold separately.; Features a restaurant and bar with a 5COP full liquor license.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message