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65620 Overseas Highway HIGHWAY

Long Key, FL 33001
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Bed 4

Bed

Bath 2

Bath

SqFt1,647

Sqft

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

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Detail Ic Property Details

Property Type : Multi-family

Price : $3,899,000

AD Id : 66844181

MLS Id : 616369

Beds : 4

Living Area Size : 1,647

Year Built : 1972

County : Monroe

Subdivision: The Redlands

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 4 Laundry Room,Utility Room

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    Cathedral Ceilings,Built-in Cabinets,Window Treatments,Smoke Alarms,Granite Counter Top,Split Bedroom Appliances: Washer,Microwave,Oven,Refrigerator,Dishwasher,Dryer
  • Roofing Information

    Metal Roof

    Flooring Information

    Tile

    Heating & Cooling

    Cooling: Central Air,Ceiling Fans(s) Heating: Central Water Front: Yes Oceanfront,Open Water Ocean View,Open Water View

    Window Information

    Window Treatments: Single Hung Windows,Impact Rstnce Window,Sliding Glass Doors

  • Building Information

    Year Built: 1972 Total Units: 0.00 Floor Location: 27134 Construction: Frame,Combo Construction Security System: No Security Roof: Metal Roof
  • Exterior Features

    Chickee Hut,Shed,Sandy Beach

  • Lot Information

    Lot SqFt: 27,134 Lot SqFt Source: Tax Records PT LT 2 LONG KEY OCEAN BAY COLONY PB3-130 SEC 1 LONG KEY
  • Property Information

    SQ ft (Living Area): 1,647 View: Ocean View,Open Water View Subdivision: Long Key Ocean Bay Colony (69.0)

  • Listing Price Information

    List Price: $3,899,000
  • Listing Information

    Seller Finance Psble,Conventional,Cash

  • Tax Information

    Taxes: $9,883 Tax Year: 2024 Tax Exemptions: None

  • Multi-Unit Information

    Pets Allowed: Pets Allowed
  • Homeowners Association Information

    Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

  • Utility Information

    FKAA,Cable Available,Buyer to Verify,Community Swr Plant
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
65620 Overseas Highway .., Long Key, FL, 33001 $3,899,000 4 2 1,647 1,647 SqFt

ByOwner last updated this listing 07/26/2026 @ 15:24

MLS: 616369 LISTED BY: Walters Luxury Group Gloria, Rachel and Michaela Walters , Ocean Sotheby's International Realty 305-712-8888 SOURCE: Florida Keys MLS, Inc.

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