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Key Largo Inn 99202 Overseas Hwy 50 Room Hotel Key Largo, FL 33037 $20,767,500 CAD ($415,350 CAD/Room)



INVESTMENT HIGHLIGHTS
- 450 feet on US 1
- With 50 valuable transient licenses
- Total of 9 parcels included in sale
- Restaurant/ Bar
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $20,767,500 CAD | Building Size | 26,342 SF |
| Price Per Room | $415,350 CAD | No. Rooms | 50 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1953 |
| Property Subtype | Hotel | Parking Ratio | 1.78/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 0.80 AC | ||
| Zoning | SC - SC - Sub Urban Commercial District | ||
| Price | $20,767,500 CAD |
| Price Per Room | $415,350 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.80 AC |
| Building Size | 26,342 SF |
| No. Rooms | 50 |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.78/1,000 SF |
| Corridor | Exterior |
| Zoning | SC - SC - Sub Urban Commercial District |
AMENITIES
- Business Center
- Pool
- Restaurant
- On-Site Retail
- On-Site Bar
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 12 | $344.74 CAD | - |
| Guest Room | 38 | $275.52 CAD | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,318,874 CAD | |
| Land Assessment | $2,124,568 CAD | Total Assessment | $3,443,443 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,124,568 CAD
Improvements Assessment
$1,318,874 CAD
Total Assessment
$3,443,443 CAD
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Key Largo Inn | 99202 Overseas Hwy
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