$45,000,000
Sugarloaf Key, FL 33042
MLS# A11971058
32888 sqft
1 / 65
Property Description
Iconic waterfront investment opportunity in the heart of the Lower Keys — Sugarloaf Lodge presents a rare chance to acquire one of the most recognizable hospitality properties between Key West and Marathon. Positioned on prime open water with protected dockage and sweeping sunset views, this legacy destination combines immediate income with significant redevelopment upside. The offering includes a 31-room existing hotel plus 24 vested development rights for a total of 55 hotel rooms at buildout. Improvements also include a hotel office/lobby, full-service restaurant (Real Estate only) tiki bar, marina facilities (real estate only), 5 COP liquor license, commercial retail strip (real estate only), and a 3-bedroom residential apartment.Located directly on the Overseas Highway with exceptional visibility and boating access, the property attracts both drive-to and marine traffic. Guests enjoy immediate access to world-class fishing, diving, and backcountry waters, while the location offers convenient proximity to Key West.With flexible zoning and strong tourism demand in the Lower Keys corridor, the property offers multiple paths forward — reposition, renovate, expand, or reimagine into a boutique waterfront retreat. The combination of land value, dockage, and location creates long-term strategic upside for a savvy investor.Confidential offering — qualified inquiries only.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-02-24
Status: Active
Original List Price: 45000000
List Price: $45,000,000
Current Price: $45,000,000
Location and Legal
County Or Parish: Monroe
County Parish Name: Monroe
City Name: Sugarloaf Key
Postal Code: 33042
Geographic Area: Other
Property Description: Destination Resort Marina
Country: United States
Street Number: 17075
Street Name: Overseas
Street Suffix: Highway
State Or Province: FL
Area: 2980
Parcel Number: 00118420000000
Zoning: DR,SC
General Property Information
Occupant Type: Call Listing Agent
Lot Size Area: 461358
Property Sub Type: Mixed Use
Building Area Main: 32888
Lot Size Acres: 10.59
Office/Member Information
DXORIGMLSID: SEF
Structure Type
Hotel/Motel: 1
Sewer
Public Sewer: 1
Business Type
Marine: 1
Sale Includes
Building: 1
Land: 1
License: 1
Construction Materials
CBS: 1
Road Frontage Type
Highway: 1
Roof
Metal: 1
Water Source
Public: 1
Status Change Information
Major Change Timestamp: 2026-02-24T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-02-24
Originating Details
Originating System Key: 428760979
Originating System ID: M00000151
Property Features
Business Type: Marine
Sale Includes: Building; Land; License
Construction Materials: CBS
Road Frontage Type: Highway
Roof: Metal
Sewer: Public Sewer
Structure Type: Hotel/Motel
Water Source: Public
Listing Office: The Agency Florida Keys
Last Updated: May - 22 - 2026
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