About This Home
This 22-bedroom, 21-bathroom commercial at 97850 Overseas Highway in Key Largo, FL is listed for $12,450,000. Built in 1968, on a 2.00 acres lot.
Key Features
- Built in 1968
- 2.00 acre lot
- Waterfront
Property Details
Amenities
Located on approximately 2 acres of upland and nearly one acre of bay bottom, this 21-room boutique hotel offers direct access to Florida Bay and stunning waterfront living in South Key Largo. Stretching from the Overseas Highway to the pristine waters of Florida Bay, the property is a true hidden gem.
Family-owned, well maintained, and one of the Upper Keys' rarest bay front hospitality investment opportunities. Enjoy protected dockage with direct bay access, a private sandy beach, a concrete boat ramp, a heated and chilled swimming pool, outdoor grilling areas, and multiple tiki huts.
Guests also benefit from spectacular year-round sunset views, creating a memorable Keys experience. 10 guest rooms have been tastefully renovated with a modern coastal design, while the remaining rooms have been refreshed with new paint and updated furnishings, delivering immediate rental income with strong upside potential to further increase revenue and value.
Ideally located near dining, shopping, and the area's most popular attractions, this exceptional property offers a variety of possibilities: continue operating as a cherished boutique hotel, reposition to enhance performance, or redevelop into an even more valuable waterfront destination. A truly rare, turnkey investment with tremendous upside in one of the Florida Keys' most desirable locations.
Monthly Cost Estimate
$66,585/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
97850 Overseas Highway
Key Largo, FL 33037
Misc Sub MM 97-107 (98.0)
Property Details
Flooring
Construction
Views
Heating
Cooling
Appliances
Questions & Answers
This 22-bedroom, 21-bathroom commercial at 97850 Overseas Highway is listed at $12,450,000. The estimated monthly payment is $66,585 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1968, 2.00 acre lot, Waterfront.
This property is listed by Kim Bagnell Thaler and can be reached at 3053932787.


