Commercial Sale · Mixed Use
17075 Overseas Highway, Sugarloaf FL 33042, SUGARLOAF, FL, 33042
Active174 days on marketListed Feb 24, 2026MLS #A11971058
About this property
The property at a glance
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.
32,888
Building sq ft
$1,368
Price / sq ft
10.59
Lot acres
DR,SC
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$243,758/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask John to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,475
Population
$120,391
Median income
48
Median age
2
Avg household
$733,747
Median home value
$2,852/mo
Median rent
174
Households w/ kids
Consumer profile
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Appreciating the outdoors, this population wants to actively engage with nature. Whether it's finding a new hiking trail or looking for the perfect spot to catch the sunset, they seek to explore the world around them.
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about 17075 Overseas Highway — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 17075 Overseas Highway.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Listing courtesy of The Agency Florida Keys · Lisa Swanson. MLS #A11971058.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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