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Revamp Awaits Newly Purchased Florida Resort

DUCK KEY, Fla.

Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Hawks Cay Resort, the largest destination resort in the Florida Keys. Located on Duck Key—approximately 100 miles south of Miami and 60 miles northeast of Key West—Hawks Cay includes 177 resort guest rooms and a resort residential management program that includes over 250 two-, three- and four-bedroom villas.

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.

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.

Capital improvement plans include a wide variety of projects throughout the resort, including the renovation of guestrooms and public spaces, the redevelopment of the marina restaurant and other enhancements to the marina area, enhancement of the pool and recreational area at the Indies Kids' Club, complete renovation of the two penthouse suites and the creation of 16 family suites.