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97340-60 Overseas Highway, Key Largo, FL 33037

$13,499,000
Property Type: Commercial Sale Bedrooms: 20 Baths: 26 Square Footage: 20,084 Lot Size (sq. ft.): 77,010 Status: Active
Current Price: $13,499,000 List Date: 7/21/2025 Last Modified: 1/27/2026

Overview

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.

Listing Details MLS# 615879

Location, Tax & Legal

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
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

Contract Information

Listing Board
Florida Keys
Limited Representation
No
Potential Short Sale
No
Bank Owned
No

General Property Description

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

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

Dock
Wood

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

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

Type

Other Services
Yes

Fee Includes

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Waterfront

Bay Front
Yes
Open Water
Yes

Waterview

Bay/Gulf View
Yes
Open Water View
Yes

Floor

Tile
Yes

Vehicle Storage

Guest Parking
Yes
Common Parking
Yes
Off Street Parking
Yes
Trailer Storage
Yes

Construction

CBS
Yes
Concrete
Yes

Land Size

1 Less Than 2 Acres
Yes

Utilities

FKAA
Yes

Miscellaneous

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

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: January - 27 - 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.