Skip To Content

62250 Overseas Highway , #11

Conch Key, FL 33050
  • $5,750,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 618331
$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. 8.69 AC of owned submerged Atlantic Ocean Baybottom, 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.

Monthly Payment Calculator



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 Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/172495191
Print Image

62250 Overseas Highway , #11 Conch Key, FL 33050

  • Price: $5,750,000
  • Status: Active
  • On Site: 79 Days
  • 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. 8.69 AC of owned submerged Atlantic Ocean Baybottom, 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 Materials CBS Dockage Basin Exterior Features [] Parking Features [] Parking Spaces Ample Stories 2 View [] Waterview Open Water ViewOcean View Window Features []

Interior Features

Appliances [] Cooling [] Flooring [] Interior Features []

Property Features

Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Building Number 3 Business Type Hotel/MotelMobile Home ParkMarina Control Depth 4 Electric [] Flood Zone VEVE Frontage Type [] Land Size 2 Less Than 5 Acres License Info Other/See Remarks Listing Terms [] Marathon Nbhd N/A Mile Marker 62.5 Number Of Transient License 16 Off Street Parking Yes Potential Short Sale No Property Sub Type Commercial Special Licenses [] Tax Annual Amount 40021.32 Tax Legal Description 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 Tax Year 2025 Tenant Pays [] Utilities [] Utilities Info Buyer to Verify Waterfrnt Yes Waterfront Oceanfront Waterfront Features [] Waterfront YN Yes 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 Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_618331-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_618331-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_618331-2.jpg
Logo
Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036