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Key Largo Inn 99202 Overseas Highway, Key Largo, FL 33037
Property Description
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) 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.
Area Description
US 1 North MM 99
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
Highlights
# of Transient Licns: 50; 5-Cop (Transferable)
Full Address: 99202 Overseas Highway, Key Largo, FL 33037
Listing Type: FOR SALE
Status: Active
Building Class: B
Zoning: SC - Sub Urban Commercial District
Region: S-SE
County: Monroe County
Use Type: Hotels Motels
Property ID: 4094126
Building Construction: CBS
Building Sf: 23,092
Parcel Num: 00504940-000000
Number Buildings: 1
Year Built: 1953
Year Renovation: 2003
# of Transient Licns: 50; 5-Cop (Transferable)