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
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