101954 Overseas Highway, Key Largo, FL 33037
$4,500,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
3,756
Lot Size (sq. ft.):
14,194
Status:
Active
Current Price:
$4,500,000
List Date:
2/19/2026
Last Modified:
2/20/2026
Description
Mahogany Bay in Key Largo is comprised of 4 Balinese style homes located on almost 5 beautiful acres on the Florida Bay. This Bali inspired home commands privacy along with spectacular water and sunset views from the great room, gorgeous kitchen, large open terraces, and the primary suite with a private terrace. There are 2 additional guest suites. The interior features an open floor plan with 9' ceilings, impact resistant doors and windows, high end stainless appliances, custom millwork, quartz countertops, marble and wood flooring, spa-like bathrooms, and 8' interior wood doors. This home's exterior features include a private heated pool with spa, covered area for parking, and additional poolside seating for entertaining, privacy landscaping, metal roofing, garage, and plenty of parking in the area behind the home. This special property also includes a separate one bedroom, one bath guest cottage complete with living area, kitchenette, and an expansive porch all appointed with the same design and custom finishes as the main house.
More Information MLS# 618718
Contract Information
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Current Price: $4,500,000
Listing Date: 2026-02-19
List Price: $4,500,000
Location, Tax & Legal
City: KEY LARGO
Mile Marker: 102
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE,AE,VE
Alternate Key #: 9091094
Add'l Parcel #1: 00543020-000301
Parcel #: 00543020-000300
Zoning: IS - Improved Subivision District
Deed Restrictions: Yes
Legal: PARCEL 3 AND N 1/2 OF PARCEL 4 IN MAHOGANY BAY (A/K/A PT TR 4-5 2ND AMD AND REV PLAT OF LEE SHORES PB2-97) OR2375-614/67
Taxes: 24429.68
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 101954
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Lee Shores Amd Plat (104.0)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot Size: 99' on the bay
Lot SqFt: 14194
Pool: Yes
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.33
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 180
Style: Single Family
Year Built: 2008
Living Apx SqFt: 3756
Total Bedrooms: 4
Full Baths: 4
Half Baths: 1
Total Baths: 5
Remarks & Misc
Remarks – Consumer: Mahogany Bay in Key Largo is comprised of 4 Balinese style homes located on almost 5 beautiful acres on the Florida Bay. This Bali inspired home commands privacy along with spectacular water and sunset views from the great room, gorgeous kitchen, large open terraces, and the primary suite with a private terrace. There are 2 additional guest suites. The interior features an open floor plan with 9' ceilings, impact resistant doors and windows, high end stainless appliances, custom millwork, quartz countertops, marble and wood flooring, spa-like bathrooms, and 8' interior wood doors. This home's exterior features include a private heated pool with spa, covered area for parking, and additional poolside seating for entertaining, privacy landscaping, metal roofing, garage, and plenty of parking in the area behind the home. This special property also includes a separate one bedroom, one bath guest cottage complete with living area, kitchenette, and an expansive porch all appointed with the same design and custom finishes as the main house.
Directions: 101.9 on the Bayside just south of the Murray Nelson Government Center and north of Dolphins Plus
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 16000
Assoc/Mnt Fee Per: Yearly
Fee Includes
Bldg Exterior Mnt: 1
Common Area Mnt: 1
Dockage
Basin: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Wine Cooler: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Electric: 1
Waterfront
Bay Front: 1
Gulf Front: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Harbor/Marina View: 1
Open Water View: 1
Floor
Marble: 1
Wood: 1
Neighborhood Feature
Community Dockage: 1
Tennis Courts: 1
Interior Features
Brazilian Quartzite Countertops: 1
Drapes/Blinds Incl: 1
Smoke Alarms: 1
Storage: 1
Walk-in Closet(s): 1
Property Condition
Updated/Remodeled: 1
Specialty Rooms
Guest/Servant Qtrs: Legal
Laundry Room: 1
Building Style
Above Flood: Yes
Stories: 3 Stories
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Car(s): 4+
Carport: 1
Covered Parking: 1
Garage: 1
Security
Electric Gate: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Title
Title Ins - Buyer: 1
Exterior Features
Hot Tub: 1
Sandy Beach: 1
Pool Info
In Ground: 1
Salt Water: 1
Heated: Yes
Concrete: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Bldg Exterior Mnt; Common Area Mnt
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Harbor/Marina View; Open Water View
Dockage: Basin
Property Condition: Updated/Remodeled
Vehicle Storage: Garage; Carport; Covered Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: FKAA; Municipal Sewer
Interior Features: Brazilian Quartzite Countertops; Drapes/Blinds Incl; Smoke Alarms; Storage; Walk-in Closet(s)
Pre-Wired: Cable
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Hot Tub; Sandy Beach
Pool Info: In Ground; Salt Water; Concrete
Construction: CBS
Floor: Marble; Wood
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Community Dockage; Tennis Courts
Security: Electric Gate
Land Size: 1/4 - 1/2 Acre
Terms: Cash; Conventional
Title: Title Ins - Buyer
Listing Office:
Ocean Sotheby's International Realty
Last Updated: February - 20 - 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.