Looe Key Reef Resort

For Sale

27340 Overseas Highway, Cudjoe Key, FL 33042

This Cudjoe Key property for sale is located at 27340 Overseas Highway. The current listed sale price for Looe Key Reef Resort is $12,250,000. Looe Key Reef Resort is situated on a lot that is 1.67 acre in size.

Contacts

Team Gardner-Langley

Keys Real Estate | Knight & Gardner Realty

Property Details

  • Property Type Other
  • Property Size 10,956 SF
  • Lot Size 1.67 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1958
  • Date Updated May 13, 2026
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 close 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.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.
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Getting around

  • 8/100

    Walk Score ®

  • 59/100

    Bike Score ®

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Location

  • City Cudjoe Key, FL
  • Neighborhood Ramrod Key
  • Zip Code 33042

Points of Interest

  • Shell

    0.05 miles

  • Mobil

    2.31 miles

  • Chevron

    2.41 miles

  • Boat Trailer Parking

    8.07 miles

  • Parmer's Resort

    1.44 miles

  • Big Pine Motel

    3.47 miles

  • Deer Run on The Atlantic

    3.74 miles

  • The Barnacle Bed & Breakfast

    4.05 miles

  • Big Pine Key Fishing Lodge

    4.79 miles

  • Murray's Market

    2.71 miles

  • Winn-Dixie

    3.19 miles

Contact Listing Broker
Team Gardner-Langley

Keys Real Estate | Knight & Gardner Realty

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