About This Home

This 0-bedroom, 0-bathroom commercial at 27340 Overseas Highway in Ramrod Key, FL is listed for $12,250,000. Built in 1958, on a 1.67 acres lot.

Key Features

  • Built in 1958
  • 1.67 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
1958

Amenities

WaterfrontA/C
Listing Description

Offering Overview This sale includes a rare combination of income-producing assets, valuable licenses, and entitlements in the Florida Keys, at appraised value consisting of: - 25 Transient Rental Licenses - Currently in use and potentially available to be moved to another qualifying development, subject to all applicable approvals.

- 150-Seat Restaurant - Established food & beverage venue with a newer tiki structure, ideal for waterfront or resort-style dining. - 5COP Quota Liquor License available separately - A valuable, transferable 5COP license allowing for the sale of beer, wine, and spirits for on-premises consumption, providing significant upside for the restaurant and bar operation which also allows for packaged Liquor sales.

- 25-Room Hotel - Turnkey lodging operation benefiting from the transient licenses and strong Florida Keys tourism demand. - Dive Shop & Vessel - A popular, well-respected Florida Keys dive operation, including a 49-passenger coast guard approved Vessel with its own 2cop bar license allowing for wine and beer sales, retail/gear component, and a established customer base.

Monthly Cost Estimate

$65,516/mo

20% down · 6.5% · 30 years

Principal$8,859
Interest$53,083
Insurance$3,573

Estimates only. Actual payments may vary.

Location

27340 Overseas Highway

Ramrod Key, FL 33042

Breezeswept Bch Est (27.5)

Features & Amenities

Interior Features

Smoke AlarmsFurnished

Property Details

Flooring

TileConcrete

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 27340 Overseas Highway is listed at $12,250,000. The estimated monthly payment is $65,516 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 1.67 acre lot, 2 stories, Waterfront. Interior Features: Smoke Alarms, Furnished.

This property is listed by Team Gardner/Langley.

TG

Team Gardner/Langley

Agent at Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty

Listed by Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty · Broker phone: (305) 294-5155 · Broker website

MLS# 617400· Source: Key West Association of Realtors· 340 days on PropertySimple

Copyright © 2026 Key West Association 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.

27340 Overseas Highway, Ramrod Key, FL 33042

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