Key Largo Inn Investment
For Sale
Contact for pricing
Pending
99202 Overseas Hwy, Key Largo, FL 33037
Turnkey inn with full liquor license and development potential.
Property Size23,092 SF
Lot Size1.14 Acres
Days on Market385
Property Features for 99202 Overseas Hwy
General Information
Standard status
Pending
Size
23,092 SF
Class
B
Lot size
1.14 Acres
Property subtype
Hospitality, Retail
Zoning
SC - Sub Urban Commercial District
Building Details
Year Built
1953
Year Renovated
1957
Buildings
1
Stories
2
Listing Agency:
RE/MAX All Keys Real Estate
(305) 296-1400
Listed By:
Greg Dully · License #SL3420625
Source:
Crexi
Added: Aug 7, 2025
Changed: Aug 24
Last Checked: Aug 23 at 7:14AM
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 RE/MAX All Keys Real Estate
Investment Insights
Based on property information with market context.
This fully operational inn is located in Key Largo and offers scale, flexibility, and future development potential. The property includes 9 parcels spanning 49,500 sq. ft. of land with 23,092 sq. ft. 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 located in a highly visible location with 450 feet on US 1. This property provides short-term rental income and flexibility. This is an investment opportunity in one of the Florida Keys' markets. The property can be used for alternative commercial or mixed-use purposes.
Key Highlights
- Fully operational, income‑producing inn in a prime Key Largo location
- Includes 50 transferable transient licenses (nightly rentals) offering exceptional short‑term rental income and flexibility
- Features a 5COP full liquor license for the on‑site restaurant and bar
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
Explore this area
Business Placement
Demographics for 33037, FL
13,875
Population
10,494
Households
1.3
Avg Household Size
53
Median Age
41%
College-Educated
95%
High-School Grad
32.9 sq mi
ZIP Area
422
Density / Sq Mi
$80,911
Median Household Income
$40,641
Median Earnings
$1,896
Median Rent
$660,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Turnkey inn with full liquor license and development potential.
Where is this hotel located?
The property is located at 99202 Overseas Hwy 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 transferable transient licenses (nightly rentals)** offering exceptional short‑term rental income and flexibility; Features a **5COP full liquor license** for the on‑site restaurant and bar
