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Property summary
This exceptional waterfront boutique hotel in Key Largo, Florida, presents a unique investment opportunity. Priced at $13,900,000, this property boasts 15,400 square feet of meticulously designed space across six buildings, each featuring two to three-story ceilings. Situated on a 2.6-acre peninsula, the hotel enjoys direct access to a wide bay, complete with a private marina, boat ramp, and beach. Guests can relax by one of two pools or enjoy the on-site kayak and paddleboard area. The expansive property includes approximately 8,000 square feet of covered wrap-around patios, perfect for enjoying the stunning Florida Keys scenery. Built in 2017 and exceeding building codes, the hotel offers spacious accommodations. Each room features a full kitchen and laundry room, enhancing guest comfort and convenience. Many villas also include attached lock-out suites, providing flexibility for various occupancy needs. The lush landscaping complements the property's natural beauty. With a total sleeping capacity of 64 guests, this hotel is ideal for both leisure travelers and larger groups seeking a luxurious and memorable experience. The property's prime location, extensive amenities, and high-quality construction make it a truly exceptional investment. The address is 101910 Overseas Hwy, Key Largo, FL 33037.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Derived from the Key Largo market rent, vacancy and expense benchmarks for this use type.
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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