27340 Overseas Highway, Ramrod Key, FL 33042
$12,250,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
72,845
Status:
Active
Current Price:
$12,250,000
List Date:
4/14/2026
Last Modified:
4/14/2026
Listing Details MLS# 617400
Location, Tax & Legal
- Street #
- 27340
- Street Name
- Overseas
- Street Suffix
- Highway
- Key/Island
- Ramrod Key
- State/Province
- FL
- Zip Code
- 33042
- Subdivision
- Breezeswept Bch Est (27.5)
- County
- Monroe
- Area
- 09 - Ramrod Key
- City
- Ramrod
- Off Shore Island
- No
- Mile Marker
- 27.5
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- AE,AE,AE
- Alternate Key #
- 1264229
- Parcel #
- 00200900-000000
- Zoning
- SC - Sub Urban Commercial District
- Legal
- BREEZESWEPT BEACH EST PB4-143 RAMROD KEY LTS 10-13 AND PT LT 14 BK 1 AND PT ADJ TRINIDAD RD (RES NO 248-1988) OR396-1077
- Taxes
- 93580.96
- Tax Year
- 2024
Contract Information
- Listing Board
- Key West Association
- Limited Representation
- No
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
- Species List
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 72845
- Waterfront
- Yes
- Control Depth
- 4
- Business Name
- Looe Key Reef Resort
- Off Street Parking
- Yes
- # Stories
- 2
- Total # Buildings
- 4
- Building SqFt
- 10956
- SqFt Source
- Appraisal
- Total Units
- 25
- Year Built
- 1958
License Info
- # of Transient Licns
- 25
- 5-Cop (Transferable)
- Yes
- Other/See Remarks
- Yes
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
More Information
Dockage
- Dock
- Concrete
- Boat Ramp
- Yes
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- Offering Overview This sale includes a rare combination of income-producing assets, valuable licenses, and entitlements in the Florida Keys, at appraised value consisting of: • 25 Transient Rental Licenses - Currently in use and potentially available to be moved to another qualifying development, subject to all applicable approvals. • 150-Seat Restaurant - Established food & beverage venue with a newer tiki structure, ideal for waterfront or resort-style dining. • 5COP Quota Liquor License available separately - A valuable, transferable 5COP license allowing for the sale of beer, wine, and spirits for on-premises consumption, providing significant upside for the restaurant and bar operation which also allows for packaged Liquor sales. • 25-Room Hotel - Turnkey lodging operation benefiting from the transient licenses and strong Florida Keys tourism demand. • Dive Shop & Vessel - A popular, well-respected Florida Keys dive operation, including a 49-passenger coast guard approved Vessel with its own 2cop bar license allowing for wine and beer sales, retail/gear component, and a established customer base.
Type
- Bar
- Yes
- Hotel/Motel
- Yes
- Restaurant
- Yes
- Other Services
- Yes
Fee Includes
- None
- Yes
Property Info
- License Included
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Wall/Window Unit(s)
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Canal View
- Yes
Floor
- Concrete
- Yes
- Tile
- Yes
Interior Features
- Furnished
- Yes
- Smoke Alarms
- Yes
Vehicle Storage
- Common Parking
- Yes
Construction
- Other
- Yes
Land Size
- 1 Less Than 2 Acres
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Property Rights
- Transient License
- Yes
Miscellaneous
- Chickee Hut
- Yes
- Elevator
- Yes
- Handicap Access
- Yes
- High Traffc Location
- Yes
- Highway Frontage
- Yes
- Pool
- Yes
Roof
- Other Roof
- Yes
Property Features
License Info:
5-Cop (Transferable); Other/See Remarks
Property Info:
License Included
Type:
Bar; Hotel/Motel; Restaurant; Other Services
Waterfront:
Canal Front
Waterview:
Canal View
Dockage:
Boat Ramp
Vehicle Storage:
Common Parking
Cooling:
Ceiling Fans(s); Wall/Window Unit(s)
Utilities:
FKAA; Municipal Sewer
Interior Features:
Furnished; Smoke Alarms
Miscellaneous:
Chickee Hut; Elevator; Handicap Access; High Traffc Location; Highway Frontage; Pool
Construction:
Other
Floor:
Concrete; Tile
Roof:
Other Roof
Land Size:
1 Less Than 2 Acres
Fee Includes:
None
Property Rights:
Transient License
Listing Office:
Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: April - 14 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.