62250 Overseas Highway 11, Conch Key, FL 33050 (MLS# 615920)

62250 Overseas Highway 11, Conch Key, FL 33050

$7,500,000

Property Type: Commercial Sale Bedrooms: 6 Baths: 3 Square Footage: 2,478 Lot Size (sq. ft.): 57,935 Status: Active

Current Price: $7,500,000 List Date: 10/22/2025 Last Modified: 10/22/2025

Description

Unique chance to develop a boutique hotel with 16 transient licenses on a property offering a private island feel, yet conveniently connected to US-1 via causeway. With its serene waterfront setting, the site presents excellent potential for also developing a small marina and restaurant, or even a high-end 16-unit RV park—making it an ideal destination for luxury travelers seeking an exclusive Keys experience. Currently, the property features three elevated residential homes, each offering 2 bedrooms, 1 bathroom, and 826 sq ft of living space each, along with a shared pool that enhances the guest experience.

More Information MLS# 615920

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $7,500,000 Listing Date: 2025-07-24 List Price: $7,500,000

Location, Tax & Legal

Unit #: 11 City: Conch Mile Marker: 62.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: VE,VE Alternate Key #: 1115797 Parcel #: 00099060-000000 Zoning: MU - Mixed Use District Legal: 15 65 34 LITTLE CONCH KEY NW 1/2 G59-324 OR501-201 OR571-718 OR825-1455 OR864-1884 OR936-693 OR1165-2192 OR1165-2199 OR1 Taxes: 34051.88 Tax Year: 2024 Street #: 62250 Street Name: Overseas Street Suffix: Highway Key/Island: Conch Key State/Province: FL Zip Code: 33050 Subdivision: Conch Key (62.5) County: Monroe Area: 20 - Duck Key, Coral Key, Conch Key

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 4 Lot Size: Irregular Lot SqFt: 57935 Total Units: 3 # Stories: 2 SqFt Source: Tax Records Total # Buildings: 3 Building SqFt: 2478 Style: Commercial Living Apx SqFt: 2478 Year Built: 1997 Total Bedrooms: 6 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Unique chance to develop a boutique hotel with 16 transient licenses on a property offering a private island feel, yet conveniently connected to US-1 via causeway. With its serene waterfront setting, the site presents excellent potential for also developing a small marina and restaurant, or even a high-end 16-unit RV park—making it an ideal destination for luxury travelers seeking an exclusive Keys experience. Currently, the property features three elevated residential homes, each offering 2 bedrooms, 1 bathroom, and 826 sq ft of living space each, along with a shared pool that enhances the guest experience.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Hotel/Motel: 1 Marina: 1 Mobile Home Park: 1

Fee Includes

None: 1

Dockage

Basin: 1

Waterfront

Oceanfront: 1

Waterview

Ocean View: 1 Open Water View: 1

Construction

CBS: 1

Land Size

2 Less Than 5 Acres: 1

Utilities

Buyer to Verify: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Type: Hotel/Motel; Marina; Mobile Home Park Waterfront: Oceanfront Waterview: Ocean View; Open Water View Dockage: Basin Utilities: Buyer to Verify Construction: CBS Land Size: 2 Less Than 5 Acres Fee Includes: None

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: October - 22 - 2025

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.