Search for Property

199 Morris Avenue, Key Largo, FL 33037

$5,000,000
Property Type: Commercial Sale Baths: 2 Square Footage: 224 Lot Size (sq. ft.): 10,237 Status: Active
Current Price: $5,000,000 List Date: 10/20/2025 Last Modified: 12/05/2025

Description

This Oceanside Marina presents an unparalleled investment and boating opportunity in the heart of the Florida Keys. With 650 feet of deep-water dockage, a 7-foot control depth, and an on-site boat ramp, this marina accommodates a wide range of vessels, making it the perfect gateway to world-class fishing, diving, and cruising destinations. Conveniently located just a short drive from Miami and Homestead and only minutes from Ocean Reef and Key Largo's vibrant attractions, this property offers both seclusion and accessibility. The marina features 16 separately deeded boat slips, providing an excellent opportunity for individual ownership or rental income, along with ample boat and trailer parking, to meet diverse needs. Additionally, the property includes seven RV pads, offering a unique opportunity for extended waterfront stays, further enhancing its income-generating potential. Combining deeded slips, RV accommodations, a boat ramp, and premium dockage, this marina is a rare find in one of the most desirable coastal locations. Whether you're an investor seeking high-yield waterfront real estate or a boating enthusiast looking for the ultimate homeport, this exceptional property delivers endless possibilities.

More Information MLS# 613440

Contract Information

Listing Board: Florida Keys Limited Representation: No Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $5,000,000 Listing Date: 2025-01-31 List Price: $5,000,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 112.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 1709654 Parcel #: 00572820-000000 Zoning: SC - Sub Urban Commercial District Legal: MONROE PARK PB3-140 CROSS KEY PT LOT 1 & PT MORRIS AVE (A/K/A PROPOSED PHASE II PIRATE HAT MARINA A CONDO) (II LEASE #40 Taxes: 8817.52 Tax Year: 2025 Street #: 199 Street Name: Morris Street Suffix: Avenue Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Monroe Park (112.5) County: Monroe Area: 28 - Key Largo N of MM 107 Incl Ocean Reef

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 7 Lot Size: 122 x 335 x 102 x 305 Lot SqFt: 10237 Total Units: 0 Off Street Parking: Yes SqFt Source: Property Data Card Building SqFt: 224 Style: Commercial Living Apx SqFt: 224 Year Built: 1985 Half Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: This Oceanside Marina presents an unparalleled investment and boating opportunity in the heart of the Florida Keys. With 650 feet of deep-water dockage, a 7-foot control depth, and an on-site boat ramp, this marina accommodates a wide range of vessels, making it the perfect gateway to world-class fishing, diving, and cruising destinations. Conveniently located just a short drive from Miami and Homestead and only minutes from Ocean Reef and Key Largo's vibrant attractions, this property offers both seclusion and accessibility. The marina features 16 separately deeded boat slips, providing an excellent opportunity for individual ownership or rental income, along with ample boat and trailer parking, to meet diverse needs. Additionally, the property includes seven RV pads, offering a unique opportunity for extended waterfront stays, further enhancing its income-generating potential. Combining deeded slips, RV accommodations, a boat ramp, and premium dockage, this marina is a rare find in one of the most desirable coastal locations. Whether you're an investor seeking high-yield waterfront real estate or a boating enthusiast looking for the ultimate homeport, this exceptional property delivers endless possibilities.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Marina: 1 Other Services: 1

Fee Includes

Sewer: 1 Water: 1 Other: 1

Dockage

Dock Length: 650 Boat Ramp: 1

Appliances

No Appliances: 1

Property Info

# Boat Slips: 16

Waterfront

Canal Front: 1 Oceanfront: 1

Waterview

Canal View: 1

Vehicle Storage

Guest Parking: 1 Off Street Parking: 1 Trailer Storage: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Utilities

FKAA: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Type: Marina; Other Services Waterfront: Canal Front; Oceanfront Waterview: Canal View Dockage: Boat Ramp Vehicle Storage: Guest Parking; Off Street Parking; Trailer Storage Utilities: FKAA Appliances: No Appliances Construction: CBS Land Size: 1/4 - 1/2 Acre Fee Includes: Sewer; Water; Other
Listing Office: RE/MAX All Keys Real Estate
Last Updated: December - 05 - 2025
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.