Beautiful, private Florida Keys' waterfront property with manicured beach and dock. The ideal family compound, fishing/eco-adventure lodge, diving & snorkeling facility or leave as is - a small, easy to run, turnkey boutique hotel with stellar reviews. Suburban Commercial zoning makes it the perfect 1031 exchange if you're looking to escape cold winters and you can rent daily if not using personally. On Blackwater Sound, with fantastic views and easy access to the Ocean or Florida Bay, the possibilities are endless. Perhaps expand your six beds into a 14-unit boutique hotel with additional licenses or redevelop as a multi-family estate. Makes a perfect income-generating family compound. Possible to build an owner's home under employee housing without going through ROGO. Owner/Agent.