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Wade M. Berlin

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Broker IDX Sites Inc.
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000 Overseas Highway
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PRICED AT ONLY: $15,000,000

Address: 000 Overseas Highway, KEY LARGO, FL 33037

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 and 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, concrete boat ramp, concrete pool, outdoor grilling area, and multiple tiki huts set against postcard perfect sunset views. 11 of the rooms have been fully renovated with coastal modern kitchens, elegant bathroom tile, and furniture, while the remaining rooms have been freshly painted, furnished, and decorated income producing offering immediate rental income with room to elevate and expand.Walkable to fine dining, boutique shopping, and local attractions yet entirely serene this is more than a property; it's a rare piece of paradise ready to become the next iconic destination in the Keys. With ample space for redevelopment and additional value add opportunities, this is a rare find for investors or hoteliers seeking a turn key operation with major upside potential. Don't miss your chance to own a piece of paradise in one of the most desirable destinations in the Florida Keys.NO SIGN ON PROPERTY. PLEASE CALL FOR SHOWINGS AND DO NOT WALK PROPERTY WITHOUT LISTING AGENT.
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  • MLS#: 614607 ( Hotel/Motel )
  • Street Address: 000 Overseas Highway
  • Viewed: 6
  • Price: $15,000,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: Bay Front
  • Year Built: 1968
  • Bldg sqft: 0
  • Bedrooms: 23
  • Total Baths: 23
  • Full Baths: 23
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Features
Bedrooms / Bathrooms
  • Property Info 1 Bedbath: 20
Building and Construction
  • Construction: CBS
  • Num Stories: 2.0
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 21.00
Property Information
  • Property Group Id: 19990816212135227274000000
  • Property Info Num Efficiencies: 21
  • Property Info Num Refrigerators: 22
  • Property Info: License Included
  • Property Rights: Transient License, Multi-Use/Commercial
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Off Shore Island: No
  • Water View: Bay/Gulf View
Utilities
  • Cooling: Central Air, Wall/Window Unit(s)
  • Utilities: FKAA, Buyer to Verify
  • Windowsdoors: Impact Rstnce Window
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2024
Other Features
  • Alternate Key Num: 000000
  • Appliances: Refrigerator, Dryer, Washer, Range
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Dockage: Boat Lift, Basin, Boat Ramp
  • Flood Zone: AE9
  • Interior Features: Drapes/Blinds Incl, Furnished, Wet Bar
  • Limitd Reprsntation: No
  • Mile Marker: 0.00
  • Miscellaneous: Chickee Hut, Pool, Open Water View, Utility Building, Patio, Handicap Access
  • Parcel Num: 000000000
  • Side: Bay/Gulf
  • Species List: No
  • Style: Commercial
  • Year Established: 0000-00-00
  • Zoning: SC - Sub Urban Commercial District
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin