Surrounded by the Atlantic Ocean and Gulf of Mexico, Hawks Cay also features an abundance of water activities, including fishing, scuba diving and snorkeling, parasailing, powerboat rentals, sunset cruises, kayak excursions, kite boarding, and Dolphin Connection, an educational and interactive experience that allows guests to swim with Atlantic bottlenose dolphins. With the widest array of facilities and amenities in the Keys, the resort includes 14,800 square feet of indoor meeting space, six food and beverage outlets, a private saltwater lagoon, the 7,000 square foot Calm Waters Spa, five swimming pools, an 85-slip marina, the Indies Kids’ Club, Cliff Drysdale tennis center, and 10,000 square feet of retail and office space.

The property will be managed by Pyramid Hotel Group. The acquisition was financed with $79.0 million of debt. CWI’s total investment in the property is approximately $150.4 million, including a $133.8 million purchase price and $16.6 million of planned capital improvements and other acquisition-related costs. Located on Duck Key-approximately 100 miles south of Miami and 60 miles northeast of Key West-Hawks Cay includes 177 resort guestrooms and a resort residential management program that includes over 250 two-three-and four-bedroom villas. For Release Thursday, OctoCarey Watermark Investors Incorporated (CWI) announced today that it has acquired the Hawks Cay Resort, the largest destination resort in the Florida Keys.

Hawks key resort