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Gelfand Realty Miami Properties for Sale - Business Opportunity for Sale

SOOTY TERN, KEY LARGO, FL 33037

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Business Opportunity - for Sale

SOOTY TERN, KEY LARGO, FL 33037

Asking Price$13,775,000 Change Price$1,225,000

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  • Lot size 87120sqft

  • Days on market:

    149 day(s)

  • Original Price:

    $15,000,000

  • Property Type:

    Business Opportunity

  • Special Listing Conditions:

    Sale

Description

$13,775,000

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.

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