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Key Largo Inn 99202 Overseas Hwy 50 Room Hotel Key Largo, FL 33037 $15,000,000 ($300,000/Room)

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INVESTMENT HIGHLIGHTS

  • 450 feet on US 1
  • With 50 valuable transient licenses
  • Total of 9 parcels included in sale
  • Restaurant/ Bar

EXECUTIVE SUMMARY

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) 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.

PROPERTY FACTS

Price $15,000,000
Price Per Room $300,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.80 AC
Building Size 26,342 SF
No. Rooms 50
No. Stories 2
Year Built 1953
Parking Ratio 1.78/1,000 SF
Corridor Exterior
Zoning SC - SC - Sub Urban Commercial District

AMENITIES

  • Business Center
  • Pool
  • Restaurant
  • On-Site Retail
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 12 $249.00 -
Guest Room 38 $199.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00505000-000000
  • 00504950-000000
  • 00504980-000000
  • 00505010-000000
  • 00504990-000000
  • 00505020-000000
  • 00504940-000000
  • 00504960-000000
  • 00504970-000000
Land Assessment
$1,505,718
Improvements Assessment
$934,709
Total Assessment
$2,440,427
  • Listing ID: 37123334

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 99202 Overseas Hwy, Key Largo, FL 33037

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