17075 Overseas Highway Sugarloaf, FL $ 45,000,000
17075 Overseas Highway
$ 45,000,000
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17075 Overseas Highway

Sugarloaf, FL, 33042
$ 45,000,000
Bedrooms-- Baths-- Sq 32,888

Monthly Estimate*

$ 277,073

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Commercial Property for sale in Sugarloaf, FL

for $45,000,000. This 32,888 square foot building was built on a lot size of 10.59.

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.

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Commercial Active

Price

$ 45,000,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

10.59

Town/City

Sugarloaf

County/Region

Monroe

MLS | Web ID

A11971058

Features
General
Sewer Public Sewer
Roof Metal
Construction Materials Block
Property Subtype Mixed Use
Business Type Marina
Waterfront Features Bayfront Other Seawall
County Monroe
Property Type Commercial Sale
Status Active
City Sugarloaf
Zoning Description DR SC
MLS Area 98 Florida Keys
Lot Size Units Square Feet
Lot Size Square Feet 461358
MLS Area Minor Other Geographic Area (Out Of Area Only)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11971058
Structure Type Hotel/Motel
Standard Status Active
Occupancy Type Call Agent
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Interior
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 461358
Building Area Total 32888
Lot Size Acres 10.59
Waterfront Y/N true
Covered Spaces 0
Road Frontage Type Highway
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* Excluded Features
List By
The Agency Florida Keys

Broker

lisa@lisaswanson.com

Email

Affordability Calculator

$277,073
Per Month
100%
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0%
Monthly Principal & Interest
$277,073
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/24/2026$45,000,000 Listed Price

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17075 Overseas Highway, Sugarloaf, FL, 33042 is a Commercial Property for sale at $45,000,000 with 32,888 sqft and a lot size of 10.59. The property's zip code is 33042 which is in Sugarloaf, FL