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97601 Overseas Highway

Key Largo, FL 33037
  • $27,900,000
  • STATUS: Active
  • ON SITE: 278 Days
  • MLS #: 615835
UPDATED: 38 min ago
$27,900,000
  • 0
    BEDS
  • 7.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Seize this rare opportunity to develop one of the largest entitled waterfront parcels in the Florida Keys! This expansive 7.4-acre waterfront assemblage offers an unparalleled chance to build in a high-demand location with significant entitlements already in place. Featuring 56 permanent ROGO exemptions for residential units and 15 transient exemptions, the site allows for a versatile mix of long-term and short-term vacation rentals, or hotel accommodations. Additional entitlements include 30 wet slips, offering substantial marina development potential. Located oceanside at MM 97, the property provides excellent highway visibility and immediate access to boating, diving, and fishing in the Florida Keys. 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, and boat storage. Whether you're envisioning a boutique resort, luxury marina community, or mixed-use waterfront destination, this is a truly one-of-a-kind investment opportunity in Monroe County.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Expert Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.mykeysrealestate.com/homes/165994501
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97601 Overseas Highway Key Largo, FL 33037

  • Price: $27,900,000
  • Status: Active
  • On Site: 278 Days
  • Updated: 38 min ago
  • MLS #: 615835
0
Beds
0
Baths
0
½ Baths
7.34
Acres
Neighborhood:
Mandalay (97.5)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
Seize this rare opportunity to develop one of the largest entitled waterfront parcels in the Florida Keys! This expansive 7.4-acre waterfront assemblage offers an unparalleled chance to build in a high-demand location with significant entitlements already in place. Featuring 56 permanent ROGO exemptions for residential units and 15 transient exemptions, the site allows for a versatile mix of long-term and short-term vacation rentals, or hotel accommodations. Additional entitlements include 30 wet slips, offering substantial marina development potential. Located oceanside at MM 97, the property provides excellent highway visibility and immediate access to boating, diving, and fishing in the Florida Keys. 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, and boat storage. Whether you're envisioning a boutique resort, luxury marina community, or mixed-use waterfront destination, this is a truly one-of-a-kind investment opportunity in Monroe County.
Exterior Features

Attached Garage YN No Construction Materials Other Dock Other Dockage Boat RampBoat Slip Exterior Features [] Parking Features Storage Vehicle Storage Common ParkingGuest ParkingTrailer Storage View [] Waterview Open Water ViewOcean View Window Features []

Interior Features

Appliances No Appliances Cooling None Cooling YN No Flooring [] Interior Features []

Property Features

Additional Parcels Description 00554710-000000 Association Fee Includes Other Association YN No Association1st Right Of Refusal No Auction Info No Bank Owned No Business Type Mobile Home ParkMarinaOther Control Depth 4 Deed Restrictions No Electric [] Flood Zone AEAEVEVEAE0.2 P Frontage Type [] Land Size 5 Less Than 10 Acres Listing Terms [] Marathon Nbhd N/A Mile Marker 97.5 Number Of Boat Slips 30 Number Of Transient License 15 Off Shore Island YN No Potential Short Sale No Property Rights Tranfrble Bldg PrmtTranfrble Dev RightTransient LicenseMulti-Use/Commercial Property Sub Type Commercial Special Licenses Transient License Tax Annual Amount 41411.06 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 Tax Year 2024 Tenant Pays [] Title Title Ins - Buyer Utilities [] Utilities Info FKAAMunicipal SewerBuyer to VerifySeparate Meters Waterfrnt Yes Waterfront OceanfrontOpen Water Waterfront Features [] Waterfront YN Yes Zoning SC - Sub Urban Commercial District

Listing courtesy of Olga Grant of Swenson & Ecuyer Realty: 305-367-3600.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Expert Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Expert Realty
517 Duval Street #205
Key West FL, 33040