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62250 Overseas Highway 11, Conch Key, FL 33050

$5,750,000
Property Type: Commercial Sale Bedrooms: 6 Baths: 6 Square Footage: 2,478 Lot Size (sq. ft.): 86,183 Status: Active
Current Price: $5,750,000 List Date: 1/27/2026 Last Modified: 3/31/2026

Overview

Description

Rare, private island with white, sandy beach in the Florida Keys offering exceptional development flexibility. Little Conch Key (also known as Walker's Island) is one of only two privately owned holdings on the island, located minutes from Marathon & Marathon International Airport, approx. 90 miles to Miami. The island is accessed directly from Overseas Hwy at MM 62 and is visible from Tom's Harbor Cut Bridge. The property consists of approx. 86,183 sf. or 1.98 Acres of uplands, 1.76 Ac of environmentally protected land, and approx. 8.69 AC of owned submerged Atlantic Ocean Baybottom, offering hundreds of linear feet of water frontage, a deep-water boat basin, and concrete seawall. Ownership of bay bottom provides rare long-term flexibility for adding several boat docks and high-end Aqua Lodges. Zoned MU (Mixed Use), allowing for boutique hotel, restaurant, campground, or upscale RV park. The property includes 16 Monroe County transient licensed entitlements, a highly valuable and incr ...

Listing Details MLS# 618331

Location, Tax & Legal

Street #
62250
Street Name
Overseas
Street Suffix
Highway
Key/Island
Conch Key
State/Province
FL
Zip Code
33050
Subdivision
Conch Key (62.5)
County
Monroe
Area
20 - Duck Key, Coral Key, Conch Key
Unit #
11
City
Conch
Mile Marker
62.5
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
VE,VE
Alternate Key #
1115797
Parcel #
00099060-000000
Bldg Nbr
3
Zoning
MU - Mixed Use District
Legal
15 65 34 LITTLE CONCH KEY NW 1/2 G59-324 OR501-201 OR571-718 OR825-1455 OR864-1884 OR936-693 OR1165-2192 OR1165-2199 OR1
Taxes
40021.32
Tax Year
2025

Contract Information

Listing Board
Florida Keys
Limited Representation
No
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
86183
Waterfront
Yes
Control Depth
4
Year Established
1996-12-31
# Parking Spaces
Ample
Off Street Parking
Yes
# Stories
2
Total # Buildings
3
Building SqFt
2478
SqFt Source
Tax Records
Living Apx SqFt
2478
Total Units
16
Year Built
1997
Total Bedrooms
6
Full Baths
6
Total Baths
6

License Info

# of Transient Licns
16
Other/See Remarks
Yes

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Rare, private island with white, sandy beach in the Florida Keys offering exceptional development flexibility. Little Conch Key (also known as Walker's Island) is one of only two privately owned holdings on the island, located minutes from Marathon & Marathon International Airport, approx. 90 miles to Miami. The island is accessed directly from Overseas Hwy at MM 62 and is visible from Tom's Harbor Cut Bridge. The property consists of approx. 86,183 sf. or 1.98 Acres of uplands, 1.76 Ac of environmentally protected land, and approx. 8.69 AC of owned submerged Atlantic Ocean Baybottom, offering hundreds of linear feet of water frontage, a deep-water boat basin, and concrete seawall. Ownership of bay bottom provides rare long-term flexibility for adding several boat docks and high-end Aqua Lodges. Zoned MU (Mixed Use), allowing for boutique hotel, restaurant, campground, or upscale RV park. The property includes 16 Monroe County transient licensed entitlements, a highly valuable and increasingly scarce asset. Opinion on file suggests the uplands combined with bay-bottom acreage may qualify for RV park development. Existing improvements include three elevated 2BR/2BA vacation rental cottages, approx. 826 SF each, and a concrete in-ground pool, providing interim use or redevelopment flexibility. Development potential includes luxury vacation rentals or Palatial single-family Home(s). Conceptual renderings on file for boutique hotel, restaurant, marina, boat docks, and luxury aqua lodges. A truly unique Keys offering with privacy, entitlement value, and long-term upside in one of the most supply-constrained markets in Florida.

Type

Hotel/Motel
Yes
Marina
Yes
Mobile Home Park
Yes

Fee Includes

None
Yes

Dockage

Basin
Yes

Waterfront

Oceanfront
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Construction

CBS
Yes

Land Size

2 Less Than 5 Acres
Yes

Utilities

Buyer to Verify
Yes

Property Features

License Info: Other/See Remarks Type: Hotel/Motel; Marina; Mobile Home Park Waterfront: Oceanfront Waterview: Ocean View; Open Water View Dockage: Basin Utilities: Buyer to Verify Construction: CBS Land Size: 2 Less Than 5 Acres Fee Includes: None
Listing Office: RE/MAX All Keys Real Estate
Last Updated: March - 31 - 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.
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