# 99202 Overseas Highway, Key Largo, FL 33037

> **TL;DR:** 50bd/50ba commercial, $14,550,000 ($630/sqft), built 1953, 23,092 sqft.
> View. Est. $63,050/mo. Listed 313 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $14,550,000 |
| Price/sqft | $630 |
| Bedrooms | 50 |
| Bathrooms | 50 full |
| Square Feet | 23,092 |
| Year Built | 1953 |
| Lot Size | 49,658 sqft (1.14 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 313 |

## Why This Home Stands Out

- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $63,050 |
| **Total** | **$63,050** |

## Key Amenities

- View

## Property Highlights

- Built in 1953
- 1.14 acre lot

## Description

### Agent Description
TURNKEY INN & HOSPITALITY INVESTMENT IN THE HEART OF KEY LARGO! This fully operational and income-producing inn is located in a prime Key Largo location and offers a rare combination of scale, flexibility, and future development potential. Highly visible location with 450 feet on US 1 with a total of 9 parcels included in sale. The property spans 49,500 sq. ft. of land with 23,092 sq. ft. of building space. The Key Largo Inn has 50 total guest rooms-including 38 standard rooms and 12 spacious two-room suites with king beds and sleeper sofas, ideal for families and extended stays. On-site amenities include a resort-style outdoor pool, and a restaurant and bar licensed with a 5COP full liquor license, allowing full-service alcohol sales. With 50 valuable transient licenses(nightly rentals)TDR's This property provides exceptional short-term rental income and flexibility. The licenses are transferable and can be sold off separately, offering additional monetization or redevelopment options. Whether you continue operating this thriving inn or reposition the site for alternative commercial or mixed-use purposes, this is a one-of-a-kind investment opportunity in one of the Florida Keys' most desirable and high-demand markets.

## Location

- **Address:** 99202 Overseas Highway, Key Largo, FL 33037
- **County:** Monroe
- **Neighborhood:** Sunset Cove (99.5)
- **Coordinates:** 25.09027, -80.444143
- **Google Maps:** https://www.google.com/maps?q=25.09027,-80.444143

## Listing Agent

- **Name:** Gregory Dully
- **Brokerage:** RE/MAX All Keys Real Estate
- **Phone:** 3059004232
- **Email:** GregDully@RemaxCommercialTeam.com

## Primary Photo

![99202 Overseas Highway - Primary Photo](http://lh.rdcpix.com/c117c613a638dd4af3b2f13e99c6b544l-f100834500r.jpg)

*52 total photos available on [listing page](https://www.propertysimple.com/listing/99202-overseas-highway-key-largo-fl-33037-l615905)*

---

**MLS#:** 615905 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Florida Keys Board 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/99202-overseas-highway-key-largo-fl-33037-l615905)

---

## Structured Data

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