Commercial property in 97601 Overseas Hwy Key Largo for sale with MLS# A11842443
Seize this rare opportunity to develop one of the largest entitled waterfront parcels in the Florida Keys! This 7.4-acre assemblage offers 10 Total parcels, 54(57) ROGO exemptions, 15 transient rights, 30 wet slips, and commercial SF. Multiple parcels sold as a package. Located oceanside at MM 97.5 with excellent visibility and access to boating and tourism. With flexible zoning across multiple land use districts (MU, SC, UR, URM), the site supports a wide variety of uses, including residential, vacation rentals, hospitality, RV park, marina development, or boat storage. Whether you envision a boutique resort, waterfront rental community, or luxury mixed-use enclave, this is a truly one-of-a-kind investment opportunity in Monroe County.
97601 Overseas Hwy, Key Largo, FL 33037
- Price:
- $27,900,000.00
- Previous Asking Price:
- $27,975,000.00
- Original List Price:
- $29,975,000.00
- Gross Scheduled Income:
- 0
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Short Sale
- Listing Category:
- Land
- Property Type:
- Commercial
- MLS Number:
- A11842443
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- April 3, 2026 7:05 pm
- Lot Area:
- 319,730 Sqft
- Lot Size Dimensions and Info:
- 350x915
- Lot Size Unit:
- Square Feet
- Lot Features:
- Five To Ten Acres
- Lot Size Acres:
- 7.34
- Number of Lots:
- 10
- View from the Property:
- Ocean
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access, Ocean Front
- Road Responsibility:
- Public Maintained Road
- Water Access Description:
- Community Boat Ramp, Dock Available
- Road Frontage Type:
- Highway
- Tax Annual Amount:
- $39,754.00
- Tax Year:
- 2024
- Covered Spaces:
- 0
- Sewer:
- Public Sewer, Other
- Utilities Available:
- Cable Available, Electricity Available, Water Available, Trash Collection, Phone Available
- Water Source:
- Public
- Subdivision Name:
- MANDALAY
- Senior Community:
- No
- Documents Available:
- Survey
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- BK 2 LTS 1-2-3-4-5-6-7-8-30-31-32-33 AND SWLY 200FT X 250FT SQR 3 AND BK 4 LTS 1-2 AND PT 1ST ST AND PT 2ND ST MANDALAY AND ADJ BAY BTM PB1-
- Real Estate Folio Number (Parcel Number):
- 00554420-000000
- Zoning Description:
- MU,SC,UR, URM
- Title to the property is held by owner as:
- Corporation
- Originally published on:
- July 17, 2025 3:51 pm
- Active on the market since:
- July 16, 2025
- Price change occurred on:
- April 3, 2026 7:05 pm
- Listing Status Last Changed On:
- April 3, 2026 7:04 pm
- Photos updated on:
- July 17, 2025 8:39 pm
- Last Modified:
- April 3, 2026 11:06 pm
- Property Description:
- 7.34-acre waterfront site
- Municipal Code:
- 39
- Subdivision Number:
- 10020
- Courtesy of:
- Swenson & Ecuyer Realty
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- Overseas Hwy
- Street Number:
- 97601
- City:
- Key Largo
- State:
- Florida
- Zip Code:
- 33037
- County:
- Monroe
- Latitude:
- N25° 4' 28.1''
- Longitude:
- W81° 32' 16.6''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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