For Sale
$14,999,000

99202 Overseas Hwy Key Largo, FL 33037

Historic 50-key hotel, excellent ROI.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
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

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FAQs

What type of property is this?
Hospitality property - Historic 50-key hotel, excellent ROI.
Where is the hospitality property located?
The property is located at 99202 Overseas Hwy Key Largo, FL.
What is the asking price?
The asking price for this property is $14,999,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Property Records

Contacts

Silvestre Madrigal Jr.
Silvestre Madrigal Jr.
Visit Broker Website

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Useful Information

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Overseas Hwy
Key Largo, FL 33037

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Overseas Hwy
Key Largo, FL 33037

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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99202 Overseas Hwy
  • Silvestre Madrigal Jr.
    Silvestre Madrigal Jr.
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