Skip To Content

65620 Overseas Highway

Long Key, FL 33001
  • $3,899,000
  • STATUS: Active
  • ON SITE: 281 Days
  • MLS #: 616369
$3,899,000
  • 4
    BEDS
  • 0.62
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,647
    SQFT
  • $2,367
    $/SQFT
Type:
Single-Family Home
Built:
1972
County:

School Ratings & Info

Description

Rarely does a Florida Keys property offer the combination of proven vacation rental income, transient rental zoning, private beachfront, and future development flexibility found at the historic Long Key Fish Camp. Situated at the southern tip of Long Key, this income-producing oceanfront property boasts 221 feet of private white sand beach, unobstructed Atlantic Ocean views, and both sunrise and sunset. Currently operating as a successful nightly vacation rental, the property offers a rare opportunity for investors seeking immediate income with the flexibility to further enhance or redevelop the site. The existing legal duplex features four bedrooms and two bathrooms, capturing the character and charm of Old Florida Keys living. Continue operating the property as a vacation rental, renovate the existing improvements, or explore the property's long-term redevelopment potential. The offering includes two development rights associated with the legal duplex, plus a third development right for an accessory structure, an increasingly rare asset in the Florida Keys. This unique combination creates opportunities to maximize rental income, establish a private waterfront compound, or pursue future redevelopment, subject to applicable approvals. Ideally positioned between Islamorada and Marathon, the property offers convenient access to marinas, restaurants, shopping, and airports while maintaining a level of privacy rarely found in the Keys. The shallow turquoise waters offshore are ideal for kayaking, paddleboarding, snorkeling, and fishing, while nearby Long Key State Park and the Long Key Viaduct provide access to some of the world's most renowned tarpon fishing. Adding to its significance, the property occupies the former site of Henry Flagler's original Long Key Fishing Camp. In the early 1900s, famed author Zane Grey helped establish Long Key as one of sportfishing's most celebrated destinations, hosting notable guests including Herbert Hoover and Franklin Rooseve

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 Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestluxuryrealestateinc.com/homes/167541410
Print Image

65620 Overseas Highway Long Key, FL 33001

  • Price: $3,899,000
  • Status: Active
  • On Site: 281 Days
  • MLS #: 616369
4
Beds
2
Baths
0
½ Baths
0.62
Acres
1,647
SQFT
$2,367
$/SQFT
1972
Built
Neighborhood:
Long Key Ocean Bay Colony (69.0)
County:
Monroe
Area:
21 - Long Key
Property Description
Rarely does a Florida Keys property offer the combination of proven vacation rental income, transient rental zoning, private beachfront, and future development flexibility found at the historic Long Key Fish Camp. Situated at the southern tip of Long Key, this income-producing oceanfront property boasts 221 feet of private white sand beach, unobstructed Atlantic Ocean views, and both sunrise and sunset. Currently operating as a successful nightly vacation rental, the property offers a rare opportunity for investors seeking immediate income with the flexibility to further enhance or redevelop the site. The existing legal duplex features four bedrooms and two bathrooms, capturing the character and charm of Old Florida Keys living. Continue operating the property as a vacation rental, renovate the existing improvements, or explore the property's long-term redevelopment potential. The offering includes two development rights associated with the legal duplex, plus a third development right for an accessory structure, an increasingly rare asset in the Florida Keys. This unique combination creates opportunities to maximize rental income, establish a private waterfront compound, or pursue future redevelopment, subject to applicable approvals. Ideally positioned between Islamorada and Marathon, the property offers convenient access to marinas, restaurants, shopping, and airports while maintaining a level of privacy rarely found in the Keys. The shallow turquoise waters offshore are ideal for kayaking, paddleboarding, snorkeling, and fishing, while nearby Long Key State Park and the Long Key Viaduct provide access to some of the world's most renowned tarpon fishing. Adding to its significance, the property occupies the former site of Henry Flagler's original Long Key Fishing Camp. In the early 1900s, famed author Zane Grey helped establish Long Key as one of sportfishing's most celebrated destinations, hosting notable guests including Herbert Hoover and Franklin Rooseve
Exterior Features

Architectural Style [] Construction Materials FrameCombo Construction Dock Wood Exterior Features Chickee HutSandy BeachShed Parking Features [] Patio And Porch Features Open Porch/BalconyDeckPatio Pool Features [] Pool Private YN No Roof Metal Roof View [] Waterview Ocean ViewOpen Water View Window Features [] Windows Doors Single Hung WindowsSliding Glass DoorsImpact Rstnce Window

Interior Features

Accessibility Features Parking Appliances WasherDryerDishwasherRefrigeratorOvenMicrowave Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring Tile Furnished Furnished Heating Central Heating YN True Interior Cathedral CeilingsSplit BedroomBuilt-in CabinetsGranite Counter TopSmoke AlarmsWindow Treatments Interior Features Built-in CabinetsGranite Counter Top Laundry Features Laundry Room Levels Ground Level Rooms Total 4 Specialty Rooms Laundry RoomUtility Room

Property Features

Above Flood No Additional Parcels Description 00386370-000000 Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Building Features [] Community Features Beach Control Depth 4 Deed Restricts Unknown Electric [] Flood Zone AEVEAE Frontage Type [] Green Energy Generation [] Green Water Conservation [] Handicap Access No Land Size 1/2 - Less Than 1 AC Listing Terms Seller Finance PsbleCashConventional Marathon Nbhd N/A Mile Marker 69 Min Rental Days 1 Off Shore Island YN No Other Equipment [] Other Structures [] Pets Allowed Yes Potential Short Sale No Property Condition [] Property Sub Type Duplex Public Sewer Hookup Yes Rental Allowed Yes Security Features No Security Special Licenses [] Tax Annual Amount 9882.82 Tax Legal Description PT LT 2 LONG KEY OCEAN BAY COLONY PB3-130 SEC 1 LONG KEY Tax Year 2024 Title Title Ins - Buyer Utilities Cable Available Utilities Info FKAACommunity Swr PlantBuyer to VerifyCable Available Water Source [] Waterfrnt Yes Waterfront OceanfrontOpen Water Waterfront Features [] Waterfront YN Yes Zoning ISD - Improved Sup Duplex

Listing courtesy of Walters Luxury Group Gloria, Rachel And Michaela Walters of Ocean Sotheby's International Realty: 305-712-8888.


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 Key West Luxury Real Estate Inc 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_1_616369-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_616369-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_616369-2.jpg
Logo
Key West Luxury Real Estate Inc
619 Eaton Street, #2
Key West FL, 33040