Hospitality Property for Sale, Key Largo, Florida 33037

Opportunities like this are few and far between. Nestled on nearly 3 acres stretching from Overseas Highway to the sparkling waters of Florida Bay, this 21-room boutique hotel is a true hidden gem in the heart of Key Largo. Zoned Suburban Commercial and family-owned/operated for 35 years, this is one of the rarest bayfront hospitality offerings available in the Upper Keys. The property boasts direct bay access with dockage, a private beach, boat ramp, concrete pool, outdoor grilling area, and tiki huts—set against postcard-perfect sunset views. 11 of the rooms have been fully renovated with coastal modern kitchens, bathroom tile, and furniture, while the remaining rooms have been freshly painted, furnished, and decorated - offering immediate rental income with room to elevate and expand.