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62250 Overseas Highway , #11

Conch Key, FL 33050
  • $5,750,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 618331
UPDATED: 68 min ago
$5,750,000
  • 6
    BEDS
  • 1.98
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 2,478
    SQFT
  • $2,320
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1997
County:

School Ratings & Info

Description

Rare, private island with white, sandy beach in the Florida Keys offering exceptional development flexibility. Little Conch Key (also known as Walker's Island) is one of only two privately owned holdings on the island, located minutes from Marathon & Marathon International Airport, approx. 90 miles to Miami. The island is accessed directly from Overseas Hwy at MM 62 and is visible from Tom's Harbor Cut Bridge. The property consists of approx. 86,183 sf. or 1.98 Acres of uplands, 1.76 Ac of environmentally protected land, and approx. 5.91 Ac of owned submerged Atlantic Ocean bay bottom, offering hundreds of linear feet of water frontage, a deep-water boat basin, and concrete seawall. Ownership of bay bottom provides rare long-term flexibility for adding several boat docks and high-end Aqua Lodges. Zoned MU (Mixed Use), allowing for boutique hotel, restaurant, campground, or upscale RV park. The property includes 16 Monroe County transient licensed entitlements, a highly valuable and increasingly scarce asset. Opinion on file suggests the uplands combined with bay-bottom acreage may qualify for RV park development. Existing improvements include three elevated 2BR/2BA vacation rental cottages, approx. 826 SF each, and a concrete in-ground pool, providing interim use or redevelopment flexibility. Development potential includes luxury vacation rentals or Palatial single-family Home(s). Conceptual renderings on file for boutique hotel, restaurant, marina, boat docks, and luxury aqua lodges. A truly unique Keys offering with privacy, entitlement value, and long-term upside in one of the most supply-constrained markets in Florida.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buythekeys.com/homes/172495191
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62250 Overseas Highway , #11 Conch Key, FL 33050

  • Price: $5,750,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 68 min ago
  • MLS #: 618331
6
Beds
6
Baths
0
½ Baths
1.98
Acres
2,478
SQFT
$2,320
$/SQFT
1997
Built
Neighborhood:
Conch Key (62.5)
County:
Monroe
Area:
20 - Duck Key, Coral Key, Conch Key
Property Description
Rare, private island with white, sandy beach in the Florida Keys offering exceptional development flexibility. Little Conch Key (also known as Walker's Island) is one of only two privately owned holdings on the island, located minutes from Marathon & Marathon International Airport, approx. 90 miles to Miami. The island is accessed directly from Overseas Hwy at MM 62 and is visible from Tom's Harbor Cut Bridge. The property consists of approx. 86,183 sf. or 1.98 Acres of uplands, 1.76 Ac of environmentally protected land, and approx. 5.91 Ac of owned submerged Atlantic Ocean bay bottom, offering hundreds of linear feet of water frontage, a deep-water boat basin, and concrete seawall. Ownership of bay bottom provides rare long-term flexibility for adding several boat docks and high-end Aqua Lodges. Zoned MU (Mixed Use), allowing for boutique hotel, restaurant, campground, or upscale RV park. The property includes 16 Monroe County transient licensed entitlements, a highly valuable and increasingly scarce asset. Opinion on file suggests the uplands combined with bay-bottom acreage may qualify for RV park development. Existing improvements include three elevated 2BR/2BA vacation rental cottages, approx. 826 SF each, and a concrete in-ground pool, providing interim use or redevelopment flexibility. Development potential includes luxury vacation rentals or Palatial single-family Home(s). Conceptual renderings on file for boutique hotel, restaurant, marina, boat docks, and luxury aqua lodges. A truly unique Keys offering with privacy, entitlement value, and long-term upside in one of the most supply-constrained markets in Florida.
Exterior Features

Construction CBS Dockage Basin Land Size 2 Less Than 5 Acres Lot Size X Off Street Parking Yes Parking Spaces Ample Side Ocean Style Commercial Waterfront Oceanfront Waterfront YN Yes Waterview Open Water ViewOcean View

Interior Features

Appliances Other YES Net Leasable Area 2478.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Building Number 3 City Conch Commercial Type Hotel/MotelMarinaMobile Home Park Control Depth 4 Fee Includes None Flood Zone VEVE 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 License Info Other/See Remarks Listing Board Florida Keys Mile Marker 62.50 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Sq Ft Source Tax Records Tax Year 2025 Taxes 40021.32 Total Units 16.00 Utilities Buyer to Verify Year Established 1996-12-31 Zoning MU - Mixed Use District

Listing courtesy of Gregory Dully of RE/MAX All Keys Real Estate: (305) 451-0060.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Coastal Collection Real Estate Inc.
422 Fleming St Suite 7
Key West FL, 33040