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$45,000,000 Just Listed
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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, bar, tiki bar, marina facilities, 5 COP liquor license, commercial retail center, 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.
Full Property Details
Full Property Details for 17075 Overseas Hwy
General
- Price: $45,000,000
- Status: Active
- Type: Commercial Service
- Source: Greater_Miami
- MLS ID: A11971058
- Updated: 2/24/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Hotel/Motel, Marina
Location
- County: Monroe County
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Metal Roof
- Building Size: 32888
- Current Bldg. Use: Hotel Waterfront
Lot Features
- Lot Size (Acres): 10.59
- Lot Size (Sq. Ft.): 461,358
- Frontage: Bay
- Zoning: DR, SC
Water Features
- Water Front: Yes
- Water Front Desc.: Waterfront, Seawall
Disclosures and Reports
- Special Conditions: Sale
- Inclusions: Building & Land, License, Community Marina, Community Ramp, Fuel, Marina, Parking, Ramp, Up to 50 Ft Boat
- Property ID: 00118420-000000
Listed by The Agency Florida Keys
Get Pre-Approved Today
Schools
Schools serving 17075 Overseas Hwy
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Sugarloaf School 255 Crane Boulevard, Summerland Key, FL 33042 | PK-8 | 2.5 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 14.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17075 Overseas Hwy
Date
Details
Price
Change
Source
2/24/2026
Listed
$45,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 17075 Overseas Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$59,621
—
$6,802,306
-4%
2024
$59,621
10%
$7,095,048
10%
2023
$54,338
6%
$6,422,120
15%
2021
$51,129
-3%
$5,605,892
-10%
2022
$52,587
3%
$6,253,372
-2%
2021
$51,129
-18%
$6,351,626
-5%
2019
$62,223
7%
$6,717,428
10%
2018
$58,258
18%
$6,106,753
17%
2017
$49,539
—
$5,234,762
3%
2016
$49,418
34%
$5,066,840
59%
2015
$36,974
5%
$3,179,029
10%
2014
$35,312
3%
$2,890,027
10%
2013
$34,121
—
$2,627,298
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17075 Overseas Hwy
17075 Overseas Highway, Sugarloaf, FL 33042 (MLS# A11971058) is a Commercial Service property. 17075 Overseas Highway is currently listed for $45,000,000 and was received on February 24, 2026. Want to learn more about 17075 Overseas Highway? Do you have questions about finding other Commercial Service real estate for sale in Sugarloaf? You can browse all Sugarloaf real estate or contact a Coldwell Banker agent to request more information.
