99202 Overseas Highway, KEY LARGO, FL

$15,000,000

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50

Beds

50

Baths

23,092

Square feet

About 99202 Overseas Highway

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.

Features of 99202 Overseas Highway

MLS® # 615905
Price $15,000,000
Bedrooms 50
Bathrooms 50.00
Full Baths 50
Square Footage 23,092
Year Built 1953
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 99202 Overseas Highway
Area 27 - Key Largo MM 97-107
Subdivision Sunset Cove (99.5)
City KEY LARGO
County Monroe
State FL
Zip Code 33037

Amenities

Utilities FKAA, Buyer to Verify
Parking Off Street Parking, Trailer Storage
View No Waterview
Is Waterfront No
Waterfront None

Interior

Appliances Refrigerator

Exterior

Lot Description 1 Less Than 2 Acres
Roof Concrete Roof
Construction CBS

Additional Information

Date Listed July 23rd, 2025
Days on Market 84
Zoning SC - Sub Urban Commercial District
Short Sale No
RE / Bank Owned No

Listing Details

AgentGregory Dully
OfficeRE/MAX All Keys Real Estate

Listing Map

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