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97340-60 Overseas Highway, Key Largo, FL 33037

$13,999,000
Property Type: Commercial Sale Bedrooms: 20 Baths: 26 Square Footage: 20,084 Lot Size (sq. ft.): 77,010 Status: Active
Current Price: $13,999,000 List Date: 7/21/2025 Last Modified: 12/08/2025

Description

Premier commercial waterfront property on 1.77 acres, perfectly suited for a luxury rehab center, medical spa, or upscale assisted living facility. This rare offering features 20 elegantly appointed guest rooms and 26 bathrooms, designed for comfort, privacy, and individualized care. Set along the Gulf with private beach access, the property offers stunning panoramic water views and a resort-style pool ideal for wellness and therapeutic environments. Thoughtfully designed common areas provide ample space for dining, therapy, or group activities, while the surrounding tropical landscape and unobstructed sunsets create a serene and secluded atmosphere for healing and relaxation. The property includes spacious parking and built-in accessibility features throughout. This is a unique opportunity to reimagine a premier waterfront retreat in one of the most tranquil and desirable coastal settings.

More Information MLS# 615879

Contract Information

Listing Board: Florida Keys Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $13,999,000 Listing Date: 2025-07-21 List Price: $13,999,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 98 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,0.2 PCT ANNUAL CH Alternate Key #: 8848692 Add'l Parcel #1: 00554990-000000 Parcel #: 00554990-000100 Zoning: SR - Sub Urban Residential District Legal: AMD PLAT OF MANDALAY PB2-25 KEY LARGO PORTION TRACT 3-B (NE) OR577-629 OR573-479 OR784-749 OR784-750 OR808-339 OR903-10 Taxes: 78877.62 Tax Year: 2025 Street #: 97340-60 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Mandalay Key Amt Plat (98.0) County: Monroe Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 4 Lot Size: 207 x 503 Lot SqFt: 77010 Total Units: 0 # Stories: 2 SqFt Source: Property Data Card Total # Buildings: 2 Building SqFt: 20084 Style: Commercial Living Apx SqFt: 20084 Year Built: 1994 Total Bedrooms: 20 Full Baths: 24 Half Baths: 2 Total Baths: 26

Remarks & Misc

Remarks – Consumer: Premier commercial waterfront property on 1.77 acres, perfectly suited for a luxury rehab center, medical spa, or upscale assisted living facility. This rare offering features 20 elegantly appointed guest rooms and 26 bathrooms, designed for comfort, privacy, and individualized care. Set along the Gulf with private beach access, the property offers stunning panoramic water views and a resort-style pool ideal for wellness and therapeutic environments. Thoughtfully designed common areas provide ample space for dining, therapy, or group activities, while the surrounding tropical landscape and unobstructed sunsets create a serene and secluded atmosphere for healing and relaxation. The property includes spacious parking and built-in accessibility features throughout. This is a unique opportunity to reimagine a premier waterfront retreat in one of the most tranquil and desirable coastal settings. Directions: US 1 south MM 97

Association Info

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

Type

Other Services: 1

Fee Includes

None: 1

Dockage

Dock: Wood

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Waterfront

Bay Front: 1 Open Water: 1

Waterview

Bay/Gulf View: 1 Open Water View: 1

Floor

Tile: 1

Vehicle Storage

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

Construction

CBS: 1 Concrete: 1

Land Size

1 Less Than 2 Acres: 1

Utilities

FKAA: 1

Miscellaneous

Fencing: 1 High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1 Open Water View: 1 Pool: 1 Spa: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Type: Other Services Waterfront: Bay Front; Open Water Waterview: Bay/Gulf View; Open Water View Vehicle Storage: Common Parking; Guest Parking; Off Street Parking; Trailer Storage Utilities: FKAA Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Miscellaneous: Fencing; High Traffc Location; High Visibility; Highway Frontage; Open Water View; Pool; Spa Construction: CBS; Concrete Floor: Tile Land Size: 1 Less Than 2 Acres Fee Includes: None
Listing Office: RE/MAX All Keys Real Estate
Last Updated: December - 08 - 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.