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:
2/19/2026
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. 5.91 Ac of owned submerged Atlantic Ocean bay bottom, 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.
More Information MLS# 618331
Contract Information
Listing Board: Florida Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Current Price: $5,750,000
Listing Date: 2026-01-27
List Price: $5,750,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 4
Lot Size: X
Lot SqFt: 86183
Total Units: 16
Year Established: 1996-12-31
# Parking Spaces: Ample
Off Street Parking: Yes
# Stories: 2
SqFt Source: Tax Records
Total # Buildings: 3
Building SqFt: 2478
Style: Commercial
Living Apx SqFt: 2478
Year Built: 1997
Total Bedrooms: 6
Full Baths: 6
Total Baths: 6
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. 5.91 Ac of owned submerged Atlantic Ocean bay bottom, 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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of Transient Licns: 16
Other/See Remarks: 1
Type
Hotel/Motel: 1
Marina: 1
Mobile Home Park: 1
Fee Includes
None: 1
Dockage
Basin: 1
Waterfront
Oceanfront: 1
Waterview
Ocean View: 1
Open Water View: 1
Construction
CBS: 1
Land Size
2 Less Than 5 Acres: 1
Utilities
Buyer to Verify: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
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: February - 19 - 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.
