For Sale
$14,999,000

99202 Overseas HwyKey Largo, FL 33037

Historic 50-key hotel, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
118
The Key Largo Inn, a 50-key hotel located at 99202 Overseas Hwy, Key Largo, FL 33037, presents a compelling investment opportunity. Built in 1952, this charming property offers 50 cozy guest rooms in a serene setting. Priced at $14,999,000, the hotel boasts a price per key of $299,980. Situated in Monroe County, the Inn benefits from a strong local economy, with a median household income of $76,166 within a one-mile radius. Its strategic SC zoning allows for versatile development potential. The property's scenic location and proximity to vibrant areas are highlighted by its aerial view. This is a rare chance to acquire a piece of Key Largo's history and capitalize on its future growth potential. The Key Largo Inn offers a unique blend of established charm and promising future prospects, making it an attractive addition to any investment portfolio. The property's 50 keys provide a solid foundation for immediate revenue generation and future expansion. The location in Key Largo, Florida, offers access to a thriving tourism market.

Property Details for 99202 Overseas Hwy

Property type
Hospitality properties, Hotels

Location Insight

City
Key Largo
County
Monroe
State
Florida
Latitude
25.0900853
Longitude
-80.44443
99202 Overseas Hwy, Key Largo, Florida

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99202 Overseas Hwy
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