62400 Overseas Hwy
Marathon, FL 33050

Rare opportunity to own an entire Florida Key! 2 luxury Balinese inspired homes, 4152 sq. ft. each w/marble, granite and tropical hardwood finishing materials. 2 pools Top Line stainless appliances. 16 Transient rights, 6 Market Rate Rights 6 vacant lots for future development. Ready for upscale mini resort development (think Little Palm) or retain as private estate. 15 min to Airport, shopping, dining, Hospital. There are three stilt cottages, previously part of Conch Key Cottages which was destroyed by the hurricane of 2017. Houses are licensed vacation rentals and have a potential gross of $400,000. Aerial photo pre-hurricane. Often referred to as Walker’s Island, this once-in-a-lifetime private island is located at mile marker 62 in the heart of the Florida Keys and is accessible via two separate causeway drives from the east and west of the island. The island is neighbored on the east by Conch Key., a small, old-world fishing village and to the east is Duck Key, a high-end residential island that is also home to world-class Hawk’s Cay Resort. The Island is divided into two sections West Side of the Island (Conch Key Cottages): 2.26 acres of upland 16 Transient rights Small Dock and Boat Basin Most of the older ‘50s cottages were destroyed in the storm East half of the island: 1.77 acres of upland 8 Market Rate Development Rights (2 Developed) 2 existing luxury homes each featuring: - 4152 sq. ft. of air conditioned living space - 5 bedrooms/5.1 baths - Elevator - Pool & spa - Two car carport - Custom finishes - Marble and granite and Stainless appointments - Built in 2010- 2011 These homes are Licensed Vacation Rentals in Monroe County allowing for weekly bookings. Gross receipts for 2016 were approx. $225,000 for each house.