$45,000,000

17075 Overseas Highway, Sugarloaf FL 33042

Mixed Use
461,358 Square Feet lot
40 days on market

About this property

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 (Real Estate only) tiki bar, marina facilities (real estate only), 5 COP liquor license, commercial retail strip (real estate only), 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.

Property Details

Exterior

  • Waterfront: Yes

Interior

  • Building Area Total: 32888

Location

  • City: Sugarloaf
  • County: Monroe County
  • State: FL
  • Road Frontage (Length/Type): Highway
  • Zoning: DR,SC

Construction

  • New Construction: No
  • Sewer: Public Sanitation
  • Water Source: Public

Features

  • Has water view: Yes
  • Waterfront features: Waterfront, Seawall

Public Info

  • Lot Size: 461,358 Square Feet
  • APN: 00118420-000000

Price History

4/5/2026 Listed for Sale
Source: Miami REALTORS®
$45,000,000
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






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      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.