With a portal you are able to:
- Save your searches
- Get updates on listings
- Track listings
- Add notes and messages
- Personalize your dashboard
97601 Overseas Highway, Key Largo, FL 33037
$27,900,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
319,730
Status:
Active
Current Price:
$27,900,000
List Date:
4/04/2026
Last Modified:
4/04/2026
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.
More Information MLS# 615835
Contract Information
Current Price: $27,900,000
Listing Date: 2025-07-17
Listing Board: Florida Keys
List Price: $27,900,000
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location Tax Legal
Street #: 97601
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Mandalay (97.5)
County: Monroe
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 7,34 acres
Lot SqFt: 319730
Waterfront: Yes
Control Depth: 4
Business Name: Blue Fin Rock Harbor
SqFt Source: Survey
Status Change Info
Status: Active
License Info
# of Transient Licns: 15
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Misc Property Info
Recorded Plat: Yes
Property Info
# Boat Slips: 30
Dockage
Dock: Other
Auction Info
Auction: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: No
Type: Marina; Mobile Home Park; Other Comrcl Style
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Boat Ramp; Boat Slip
Vehicle Storage: Common Parking; Guest Parking; Trailer Storage
Cooling: None
Utilities: Buyer to Verify; FKAA; Municipal Sewer; Separate Meters
Appliances: No Appliances
Construction: Other
Land Size: 5 Less Than 10 Acres
Fee Includes: Other
Title: Title Ins - Buyer
Property Rights: Multi-Use/Commercial; Tranfrble Bldg Prmt; Tranfrble Dev Right; Transient License
Documents
Listing Office: Swenson & Ecuyer Realty
Last Updated: April - 04 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

Survey ›