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
For sale
$3,899,000
65620 Overseas Hwy, Long Key, FL 33001
4beds
1,647sqft
Duplex, Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$2,367/sqft
$-- HOA
What's special
Existing legal duplexFour bedroomsPrivate beachfrontTwo bathroomsUnobstructed atlantic ocean views
- 308 days |
- 318 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Walters Luxury Group Gloria, Rachel and Michaela Walters 305-942-6834,
Ocean Sotheby's International Realty
Source: FLKMLS,MLS#: 616369
Originating MLS: Florida Keys
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Cathedral Ceiling(s), Built-in Cabinets, Granite Counters, Split Bedroom, Utility Room
- Flooring: Tile
- Doors: Sliding Glass Doors
- Windows: Window Treatments, Single Hung Windows, Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 1,647 sqft
Video & virtual tour
Property
Accessibility
- Accessibility features: No, Parking
Features
- Levels: Ground Level
- Patio & porch: Open Porch/Balcony, Deck, Patio
- Exterior features: Sandy Beach
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dock: Wood
Lot
- Size: 0.62 Acres
- Features: 1/2 - Less Than 1 AC
Details
- Additional structures: Chickee Hut, Shed(s)
- Additional parcels included: 00386370000000,00386360000000
- Parcel number: 00386370000000
- Zoning: ISD
- Zoning description: Improved Sup Duplex
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame, Combo Construction
- Roof: Metal
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Community Swr Plant, Public Sewer
- Utilities for property: FKAA, Cable Available, Buyer to Verify
Community & HOA
Community
- Features: Beach
- Security: Smoke Detector(s), No Security
- Subdivision: Long Key Ocean Bay Colony (69.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Long Key
Financial & listing details
- Price per square foot: $2,367/sqft
- Tax assessed value: $1,189,316
- Annual tax amount: $9,882
- Date on market: 9/3/2025
- Listing terms: Seller Finance Psble,Conventional,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Listed for sale | $3,899,000-2.5%$2,367/sqft |
Source: | ||
| 9/2/2024 | Listing removed | $3,999,999$2,429/sqft |
Source: | ||
| 4/9/2024 | Price change | $3,999,999-7%$2,429/sqft |
Source: | ||
| 11/20/2023 | Listed for sale | $4,299,000$2,610/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,106 +22.5% | $1,189,316 +18.5% |
| 2024 | $9,883 +6.2% | $1,004,025 +29.6% |
| 2023 | $9,304 -3.8% | $774,571 +10% |
| 2022 | $9,667 +31.7% | $704,155 +10% |
| 2021 | $7,339 +4.4% | $640,141 +6.5% |
| 2020 | $7,029 | $601,064 +3.4% |
| 2019 | $7,029 +2.4% | $581,266 -0.8% |
| 2018 | $6,862 -2.7% | $585,730 -0.5% |
| 2017 | $7,050 +2.5% | $588,667 +3.7% |
| 2016 | $6,876 +3.4% | $567,525 +10.8% |
| 2015 | $6,647 | $512,273 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33001
Nearby schools
GreatSchools rating
- 10/10Plantation Key SchoolGrades: PK-8Distance: 23.3 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 23.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Layton
- 33001
- 65620 Overseas Hwy



