99202 Overseas Highway, Key Largo, FL 33037
$14,800,000
Property Type:
Commercial Sale
Bedrooms:
50
Baths:
50
Square Footage:
23,092
Lot Size (sq. ft.):
49,500
Status:
Active
Current Price:
$14,800,000
List Date:
7/23/2025
Last Modified:
4/11/2026
Listing Details MLS# 615905
Location, Tax & Legal
- Street #
- 99202
- Street Name
- Overseas
- Street Suffix
- Highway
- Key/Island
- Key Largo
- State/Province
- FL
- Zip Code
- 33037
- Subdivision
- Sunset Cove (99.5)
- County
- Monroe
- Area
- 27 - Key Largo MM 97-107
- City
- KEY LARGO
- Mile Marker
- 99.5
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- X
- Alternate Key #
- 1622818
- Parcel #
- 00504940-000000
- Zoning
- SC - Sub Urban Commercial District
- Legal
- LOTS 2 THROUGH 11 PB1-165 SUNSET COVE KEY LARGO OR567-901 OR648-629 OR665-63 OR650-156CT OR767-102 OR796-1221 OR847-1350
- Taxes
- 16950.07
- Tax Year
- 2025
Contract Information
- Listing Board
- Florida Keys
- Limited Representation
- No
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 49500
- Waterfront
- No
- Building SqFt
- 23092
- SqFt Source
- Property Data Card
- Living Apx SqFt
- 23092
- Year Built
- 1953
- Total Bedrooms
- 50
- Full Baths
- 50
- Total Baths
- 50
- Control Depth
- 0
- Total Units
- 0
License Info
- # of Transient Licns
- 50
- 5-Cop (Transferable)
- 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
- 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)TDR's 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.
- Directions
- US 1 North MM 99
Type
- Bar
- Yes
- Hotel/Motel
- Yes
- Restaurant
- Yes
- Other Services
- Yes
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Appliances
- Refrigerator
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Vehicle Storage
- Off Street Parking
- Yes
- Trailer Storage
- Yes
Construction
- CBS
- Yes
Land Size
- 1 Less Than 2 Acres
- Yes
Utilities
- Buyer to Verify
- Yes
- FKAA
- Yes
Miscellaneous
- Fencing
- Yes
- Handicap Access
- Yes
- High Traffc Location
- Yes
- High Visibility
- Yes
- Highway Frontage
- Yes
- Lobby
- Yes
- Pool
- Yes
- Other Miscellaneous
- Yes
Roof
- Concrete Roof
- Yes
Property Features
License Info:
5-Cop (Transferable)
Type:
Bar; Hotel/Motel; Restaurant; Other Services
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Vehicle Storage:
Off Street Parking; Trailer Storage
Utilities:
Buyer to Verify; FKAA
Appliances:
Refrigerator
Miscellaneous:
Fencing; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Lobby; Pool; Other Miscellaneous
Construction:
CBS
Roof:
Concrete Roof
Land Size:
1 Less Than 2 Acres
Fee Includes:
None
Listing Office:
RE/MAX All Keys Real Estate
Last Updated: April - 11 - 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.