Great choice on your party location. I highly recommend The Hampton Inn in Islamorada. There are boat rentals on premise, an Outback Steakhouse, great pool, beach and JACUZZI!!! Rooms are huge- the 2 bedroom suite has 2 bathrooms, 2 queen beds, a fold out couch and you can get a rollaway bed. It is located about 4 miles South of the Tiki Bar- well within cab range. Oh, and free breakfast!