Opportunities like this are few and far between. Nestled on nearly 3 acres stretching from Overseas Highway to the sparkling waters of Florida Bay, this 21-room boutique hotel is a true hidden gem in the heart of Key Largo. Zoned Suburban Commercial and fami

Key Largo

$13,775,000 USD
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AddressKey Largo
Type of PropertyHotel / Motel
Type of BusinessHotel / Motel
Price$13,775,000
Previous Price$15,000,000 (48 days ago)
Property StatusActive
MLS NumberA11782934
Property Size87120
Lot Size87120
Folio Number00091050-000000
Zoning InformationSUBURBAN COMMERCIAL
Days on Market351

Detailed Description: Opportunities like this are few and far between. Nestled on nearly 3 acres stretching from Overseas Highway to the sparkling waters of Florida Bay, this 21-room boutique hotel is a true hidden gem in the heart of Key Largo. Zoned Suburban Commercial and family-owned / operated for 35 years, this is one of the rarest bayfront hospitality offerings available in the Upper Keys. The property boasts direct bay access with dockage, a private beach, boat ramp, concrete pool, outdoor grilling area, and tiki huts—set against postcard-perfect sunset views. 11 of the rooms have been fully renovated with coastal modern kitchens, bathroom tile, and furniture, while the remaining rooms have been freshly painted, furnished, and decorated – offering immediate rental income with room to elevate and expand.

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Address Information
StateFlorida
CityKey Largo
CountyMonroe County
Zip Code33037
Financial Information
Price$13,775,000
Price per Foot$0
Previous Price$15,000,000
Folio Number00091050-000000
Full Descriptions
Detailed DescriptionOpportunities like this are few and far between. Nestled on nearly 3 acres stretching from Overseas Highway to the sparkling waters of Florida Bay, this 21-room boutique hotel is a true hidden gem in the heart of Key Largo. Zoned Suburban Commercial and family-owned / operated for 35 years, this is one of the rarest bayfront hospitality offerings available in the Upper Keys. The property boasts direct bay access with dockage, a private beach, boat ramp, concrete pool, outdoor grilling area, and tiki huts—set against postcard-perfect sunset views. 11 of the rooms have been fully renovated with coastal modern kitchens, bathroom tile, and furniture, while the remaining rooms have been freshly painted, furnished, and decorated – offering immediate rental income with room to elevate and expand.
Property parameters
Living Area87120
Lot Size87120
Total Acreage0.000
Zoning InformationSUBURBAN COMMERCIAL
Maximum Leasable Size87120
Type of PropertyHotel / Motel
Type of BusinessHotel / Motel
Listed withLangley Knight Gardner Islamorada