Sugar Loaf Lodge | 17001 Overseas Hwy
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Sugar Loaf Lodge 17001 Overseas Hwy
31 Room Hotel Sugarloaf Key, FL 33042 $63,667,349 CAD ($2,053,785 CAD/Room)
Investment Highlights
- Unique Property with Multiple Buildings, Marina, Waterfront, Restaurant Space, and more.
Executive Summary
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
The owners and Managers of the property are not to be contacted. Please reach out to Graham Morrison for more details
Property Facts
| Price | $63,667,349 CAD | Lot Size | 10.59 AC |
| Price Per Room | $2,053,785 CAD | Building Size | 7,301 SF |
| Sale Type | Investment | No. Rooms | 31 |
| Sale Conditions | Redevelopment Project | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1959 |
| Property Subtype | Hotel | Parking Ratio | 6.85/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $63,667,349 CAD |
| Price Per Room | $2,053,785 CAD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 10.59 AC |
| Building Size | 7,301 SF |
| No. Rooms | 31 |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 6.85/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- Pool
- Restaurant
- Marina
- Tennis
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 31 | $179.68 CAD | - |
PROPERTY TAXES
| Parcel Number | 00117880-000000 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,447 CAD | Total Assessment | $2,447 CAD |
PROPERTY TAXES
Parcel Number
00117880-000000
Land Assessment
$2,447 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,447 CAD
zoning
| Zoning Code | NA (Non Agriculture) |
| NA (Non Agriculture) |
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Sugar Loaf Lodge | 17001 Overseas Hwy
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