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65620 Overseas Highway HIGHWAY

Long Key, FL 33001

$3,899,000 $16,438/Mo

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Overview

Bed

Bath

1,647

Sqft

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

Property Details

Property Type : Multi-family

Price : $3,899,000

AD Id : 82512531

MLS Id : 620235

Beds : 4

Living Area Size : 1,647

Year Built : 1972

County : Monroe

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4 Laundry Room,Utility Room

Bathroom Information

Total Baths: 2 Full Baths: 2
Interior Features

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

Metal Roof

Flooring Information

Tile

Heating & Cooling

Cooling: Ceiling Fans(s) Water Front: Yes Oceanfront,Open Water 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: 18500 Construction: Frame,Combo Construction Security System: No Security Roof: Metal Roof
Exterior Features

Chickee Hut,Shed,Sandy Beach

Lot Information

Lot Dimensions: X Lot SqFt: 18,500 Lot SqFt Source: Tax Records PT LT 2 LONG KEY OCEAN BAY COLONY PB3-130 SEC 1 LONG KEY OR504-954 OR577-341 OR612-253 OR683-524 OR683-525 OR884-1395 OR
Property Information

SQ ft (Living Area): 1,647 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: $12,106 Tax Year: 2025 Parcel Number: 00386370-000000 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,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 06/18/2026 @ 07:52

MLS: 620235 LISTED BY: Walters Luxury Group Gloria, Rachel and Michaela Walters , Ocean Sotheby's International Realty 305-712-8888 SOURCE: Florida Keys MLS, Inc.