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Bahia Bay Resort 97340-97360 Overseas Hwy 20 Room Hotel Key Largo, FL 33037 $12,900,000 ($645,000/Room)

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INVESTMENT HIGHLIGHTS

  • Two parcels included in the sale
  • Total building size: 20,084 sq. ft.
  • Set along the Gulf with private beach access and stunning panoramic water views. Two separate dock piers
  • Two separate buildings, each 10,042 sq. ft.
  • Premier commercial waterfront property on over 1.77 acres (77,010 sq. ft.)
  • 20 elegantly appointed guest rooms and 26 bathrooms • Resort-style Pool and Sauna perfect for wellness and therapeutic environments

EXECUTIVE SUMMARY

Premier commercial waterfront property on 1.77 acres, perfectly suited for a luxury rehab center, medical spa, or upscale assisted living facility. This rare offering features 20 elegantly appointed guest rooms and 26 bathrooms, designed for comfort, privacy, and individualized care. Set along the Gulf with private beach access, the property offers stunning panoramic water views and a resort-style pool ideal for wellness and therapeutic environments. Thoughtfully designed common areas provide ample space for dining, therapy, or group activities, while the surrounding tropical landscape and unobstructed sunsets create a serene and secluded atmosphere for healing and relaxation. The property includes spacious parking and built-in accessibility features throughout. This is a unique opportunity to reimagine a premier waterfront retreat in one of the most tranquil and desirable coastal settings.

PROPERTY FACTS

Price $12,900,000
Price Per Room $645,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.77 AC
Building Size 20,084 SF
No. Rooms 20
No. Stories 2
Year Built/Renovated 1994/2016
Parking Ratio 3.27/1,000 SF
Corridor Interior
Zoning SR - SR - Sub Urban Residential District

AMENITIES

  • Pool
  • Spa
  • Marina
  • Beach (direct access)
  • Tennis
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 20 $424.00 -
  • Listing ID: 37123516

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 97340-97360 Overseas Hwy, Key Largo, FL 33037

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