USAFLSugarloaf KeySugarloaf Acres (19.5)17075 Overseas Hwy

17075 Overseas Hwy, Sugarloaf Key, FL

Name: 17075 Overseas Hwy, For Sale in Sugarloaf Key - eXp Realty
Brand: The Agency Florida Keys
SKU: 618945
Price: 45000000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$45,000,000

31310

MLS® 618945

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $58,785

Days Active 4

Approx. Age 1958

MLS® Number 618945

Property Address: 17075 Overseas Hwy, Sugarloaf Key, FL, 33042-3681

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire Sugarloaf Lodge & Marina - 10.6+/- Acre Waterfront Resort Redevelopment Opportunity Near Key West, located on Lower Sugarloaf Key, 15 minutes from Key West along the Overseas Highway. Positioned on the waterfront of Sugarloaf Sound, this unique property offers significant resort redevelopment and expansion potential in one of the most supply-constrained hospitality markets in the USA. Historically the property operated as a larger waterfront lodge destination. Several hotel units were lost during Hurricane Wilma in 2005, however 24 development rights associated with those units remain vested, creating a rare opportunity to rebuild and expand the resort footprint. Based on existing development rights, potential density may allow future expansion to approximately 101 hotel rooms, subject to approvals. The 10.6-acre site includes an operating lodge, waterfront restaurant and tiki bar, marina dockage, pool, and resort amenities. The restaurant operates with an SRX liquor license, and the property also includes a separate transferable 5COP liquor license, a valuable asset allowing the sale of beer, wine, and spirits.Additional improvements include a commercial retail building with four office spaces, which may be expanded or repositioned to support hospitality, marina, or retail uses, as well as a three-bedroom residential unit that may offer redevelopment potential and possible nightly rental use. With 10.6 acres of waterfront land, existing hospitality use, vested development rights, and close proximity to Key West, the property offers a rare opportunity for investors seeking to develop a boutique waterfront resort, eco-luxury destination retreat, or marina resort redevelopment.Buyer to verify development rights, zoning, density, and redevelopment potential. Qualified buyers only. Shown by appointment only. Do not disturb staff. NDA required for financials. Call for your exclusive showing!

MLS® Number618945

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1958

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 5, 2026List Date

$45,000,000List Price

Commute

Commute

Starting Address

Destination Address

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