17001 Overseas Hwy - Hospitality FOR SALE


Sugarloaf Key, FL 33042
$45,000,000 USD
630-730-9007
17001 Overseas Hwy, Sugarloaf Key, FL for Sale
$45,000,000 USD
Hospitality - FOR SALE
1/76
null | Request Cap Rate

17001 Overseas Hwy
Sugarloaf Key, FL 33042


HIGHLIGHTS

  • Unique Property with Multiple Buildings, Marina, Waterfront, Restaurant Space, and more.

OVERVIEW

Owned and operated by the same family since 1973, it has retained its local charm and rustic style. Set on 10.59 acres, it has extensive facilities in a secluded waterfront location. The lodge and property are a unique development opportunity in the Keys. There are few locations like this, and fewer still with the history and legacy attached to the Lodge. This is a rare and valuable development opportunity unequalled in the area. The valuation of the property is based on comparable facilities and market prices of similar developmental opportunities in the area. The valuation is not dependent on solely the financial results of the Lodge itself, as the property is a substantial opportunity for a large resort development. The Lodge Property is buffered by undeveloped parcels owned by the same family, and are open for discussion, but not included in this offering or price. The owners and Managers of the property are not to be contacted. Please reach out to Graham Morrison for more details

FOR SALE DETAILS

PRICE

$45,000,000 USD

PRICE/SF

$6,164 USD /SF

# OF ROOMS

31

PRICE/ROOM

$1,451,613 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sugar Loaf Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

50

LAND DETAILS

LAND ACRES

10.59 AC

LAND SF

461,300 SF

ZONING

NA

APN/PARCEL ID

00117880-000000

ASK ABOUT THIS PROPERTY

Graham MorrisonChapman AssociatesMore Info
630-730-9007

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Graham MorrisonChapman AssociatesMore Info
630-730-9007

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