101910 Overseas Hwy - Hospitality FOR SALE


Key Largo, FL 33037
$15,200,000 USD
786-991-5784
101910 Overseas Hwy, Key Largo, FL for Sale
$15,200,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

101910 Overseas Hwy
Key Largo, FL 33037


HIGHLIGHTS

  • Waterfront Trophy Asset: 2.6-acre peninsula property with 180° bay views, private marina, beach, boat ramp, and two resort-style pools.
  • High-Performing Business: Generates revenue from weddings, private events, and villa rentals—hundreds of thousands of dollars already booked.
  • Flexible Lodging Model: Six luxury villas with full kitchens, laundry, and soaring ceilings, each designed with lock-out suites to allow whole-partial
  • Turnkey Event Venue: Includes extensive covered outdoor space and landscaped grounds, ideal for destination weddings and corporate retreats.
  • Growth Opportunity: Strong potential to increase occupancy rates and average daily rental rates (ADR), unlocking significant upside for investors.
  • Rare Financing Option: Seller offering up to 40% owner financing at full price—an uncommon opportunity in the Florida Keys market.

OVERVIEW

This offering presents a rare chance to acquire a top-tier waterfront boutique hotel and wedding venue in the Florida Keys. The property spans 2.6 acres with panoramic bay views, marina access, private beach, two pools, and over 15,000 SF under air. The six villas can be rented as entire residences with full kitchens and laundry rooms, or as individual lock-out suites, maximizing occupancy flexibility. The property’s primary revenue streams come from hosting weddings, private events, and villa rentals, with a robust pipeline of future bookings already secured. Built in 2017 above code, the resort features elegant finishes, soaring ceilings, and expansive covered patios that seamlessly blend indoor and outdoor living. With upside potential through rate optimization and occupancy growth, this property represents a turnkey cash-flowing investment with significant appreciation potential.

FOR SALE DETAILS

PRICE

$15,200,000 USD

PRICE/SF

$987 USD /SF

# OF ROOMS

22

PRICE/ROOM

$690,909 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dolphin Point Villas - 6 Villa Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2017

PARKING SPACES

41

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

C

APN/PARCEL ID

00542940-000000

ASK ABOUT THIS PROPERTY

Sara LehmanMalouf International Realty Inc.More Info
786-991-5784

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Sara LehmanMalouf International Realty Inc.More Info
786-991-5784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.