Iconic waterfront investment opportunity in the heart of the Lower Keys — Sugarloaf Lodge presents a rare chance to acquire one of the most recognizable hospitality properties between Key West and Marathon. Positioned on prime open water with protected dockage and sweeping sunset views, this legacy destination combines immediate income with significant redevelopment upside. The offering includes a 31-room existing hotel plus 24 vested development rights for a total of 55 hotel rooms at buildout. Improvements also include a hotel office/lobby, full-service restaurant (Real Estate only) tiki bar, marina facilities (real estate only), 5 COP liquor license, commercial retail strip (real estate only), and a 3-bedroom residential apartment.Located directly on the Overseas Highway with exceptional visibility and boating access, the property attracts both drive-to and marine traffic. Guests enjoy immediate access to world-class fishing, diving, and backcountry waters, while the location offers convenient proximity to Key West.With flexible zoning and strong tourism demand in the Lower Keys corridor, the property offers multiple paths forward — reposition, renovate, expand, or reimagine into a boutique waterfront retreat. The combination of land value, dockage, and location creates long-term strategic upside for a savvy investor. Confidential offering — qualified inquiries only.
Renovated Commercial Space - The Alamo Building, Sugarloaf Key (MM 20)Prime, newly updated commercial space available on Sugarloaf Key, directly across from Mangrove Mama's Restaurant. This high-visibility property on US-1 has been completely renovated inside and out, offering a clean, modern look with flexible space suited for a wide range of uses.Currently operated as a welcome center for Sugarloaf Key RV Resort and Cottages, the property is ideal for retail, showroom, professional services, fitness/yoga studio, coffee/juice bar, or even restaurant spaces (no commercial kitchens currently on premises). The layout supports both customer interaction and back-office functionality, with open areas, private offices, and refreshed restrooms. A spacious outdoor patio provides even more possibilities. This property offers excellent US-1 exposure with a steady flow of daily traffic, making it ideal for attracting customers and visibility. There is ample paved parking with convenient highway access, ensuring easy entry for clients and deliveries. The building includes approximately 2,520 square feet of usable commercial space situated on a 31,000-square-foot lot, offering flexibility for a variety of business operations. It is located just minutes from Key West and Big Pine, in the prime, central Lower Keys corridor. Buyer to verify zoning and permitted uses with Monroe County.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © 2026 MIAMI Association of REALTORS®, all rights reserved.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Florida Keys Board of Realtors® Florida Keys MLS, Inc. Real Estate listings held by brokerage firms other than the owner of this site are marked with the MLS logo and detailed information about them includes the name of the listing broker's office. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate.
Sugarloaf is located in Florida. Sugarloaf, Florida has a population of 3,304.
The median household income in Sugarloaf, Florida is $95,365. The median household income for the surrounding county is $73,153 compared to the national median of $69,021. The median age of people living in Sugarloaf is 50.4 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 63.4 degrees. The average rainfall is approximately 44.4 inches per year, with 0 inches of snow per year.
