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99202 Overseas Highway
Key Largo FL 33037 US

$14,800,000

Active Listing ID 615905
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50 bed
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50.00 Bath (50 Full)
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Other

$14,800,000

Active Listing ID 615905
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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)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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 50
  • Roof Type: Concrete

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 14800000
  • unparsedaddress: 99202 Overseas Highway
  • postalcity: Key Largo
  • stateorprovince: FL
  • country: US
  • postalcode: 33037
  • bathroomsfull: 50
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 25.09027
  • longitude: -80.444143
  • listagentfullname: Gregory Dully
  • listagentemail: GregDully@RemaxCommercialTeam.com
  • listagentkey: 3yd-FLKEYSMLSFL-20180813194240539855000000
  • listagentmlsid: 20180813194240539855000000
  • listagentpreferredphone: 3059004232
  • listagentofficephone: 3054510060
  • listofficekey: 3yd-FLKEYSMLSFL-20160412201153291004000000
  • listagentstatelicense: 3420625
  • listofficemlsid: 20160412201153291004000000
  • disclaimer: Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FLKEYSMLSFL
  • yearbuilt: 1953
  • listagenturl: http://www.remaxallkeysrealestate.com
  • countyorparish: Monroe
  • parcelnumber: 00504940-000000
  • appliances: Refrigerator
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Concrete
  • view: Water
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.444145, 25.09027
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX All Keys Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"GregDully@RemaxCommercialTeam.com", "ListBrokerageCity":"Key Largo", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX All Keys Real Estate", "ListBrokeragePhone":"(305) 451-0060", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"98880 Overseas Hwy.", "ListBrokerageWebsiteUrl":"http://www.remaxallkeysrealestate.com", "ListOfficeAddress1":"98880 Overseas Hwy.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20210309171506369108000000", "ListOfficeCity":"Key Largo", "ListOfficeCountry":"US", "ListOfficeEmail":"anthony@askaskowitz.com", "ListOfficePostalCode":"33037", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Hotel/Motel, Bar, Other Services, Restaurant - Key Largo, FL", "ListingURL":"https://listings.listhub.net/pages/FLKEYSMLSFL/615905/?channel=rexren", "MLSModificationTimestamp":"2026-04-11T12:58:57Z", "Neighborhoods":[{"Description":null, "Name":"27 - Key Largo MM 97-107"}], "PostalCode":null, "RawPropertySubType":"Hotel/Motel, Bar, Other Services, Restaurant", "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16950.07, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/11/2026 8:00:42 PM GMT
Source Updated Date: 4/17/2026 12:44:36 PM GMT

Courtesy of: Gregory Dully, RE/MAX All Keys Real Estate, GregDully@RemaxCommercialTeam.com

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.