Looe Key Reef Resort
$12,250,000
27340 Overseas Highway, Cudjoe Key, FL 33042
10,956 sqft
Building Size
1.6723 acres
Lot Area
Details:
Description:
Offering Overview
This sale includes a rare combination of income-producing assets, valuable licenses, and entitlements in the Florida Keys, at appraised value consisting of:
• 25 Transient Rental Licenses – Currently in use and potentially available to be moved to another qualifying development, subject to all applicable approvals.
• 150-Seat Restaurant – Established food & beverage venue with a newer tiki structure, ideal for waterfront or resort-style dining.
• 5COP Quota Liquor License available separately – A valuable, transferable 5COP license allowing for the sale of beer, wine, and spirits for on-premises consumption, providing significant upside for the restaurant and bar operation which also allows for packaged Liquor sales.
• 25-Room Hotel – Turnkey lodging operation benefiting from the transient licenses and strong Florida Keys tourism demand.
• Dive Shop & Vessel – A popular, well-respected Florida Keys dive operation, including a 49-passenger coast guard approved Vessel with its own 2cop bar license allowing for wine and beer sales, retail/gear component, and a established customer base.
Discover the laid-back charm and natural beauty surrounding Looe Key Reef Resort. Situated in the heart of Ramrod Key, FL, this idyllic location offers easy access to a network of world-class diving and snorkeling spots, and the picturesque Bahia Honda State Park. This vibrant community is also home to charming local eateries and a thriving fishing culture. With its proximity to stunning natural attractions and recreational opportunities, the area presents an enticing opportunity for Hospitality and Limited Service investors seeking to capitalize on the unique allure of the Florida Keys.
Location
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