97601 Overseas Highway, Key Largo, FL 33037
New Listing
$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
Listing Details MLS# 615835
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
- City
- KEY LARGO
- Off Shore Island
- No
- Mile Marker
- 97.5
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- AE,AE,VE,VE,AE,0.2 P
- Alternate Key #
- 1679917
- Add'l Parcel #1
- 00554710-000000
- Parcel #
- 00554420-000000
- Add'l Parcel #2
- 00554760-000000
- Zoning
- SC - Sub Urban Commercial District
- Legal
- BK 2 LTS 1-2-3-4-5-6-7-8-30-31-32-33 AND SWLY 200FT X 250FT SQR 3 AND BK 4 LTS 1-2 AND PT 1ST ST AND PT 2ND ST MANDALAY
- Taxes
- 41411.06
- Tax Year
- 2024
Contract Information
- Listing Board
- Florida Keys
- Limited Representation
- No
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
- Species List
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 319730
- Waterfront
- Yes
- Control Depth
- 4
- Business Name
- Blue Fin Rock Harbor
- SqFt Source
- Survey
- Building SqFt
- 0
License Info
- # of Transient Licns
- 15
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
More Information
Misc Property Info
- Recorded Plat
- Yes
Property Info
- # Boat Slips
- 30
Dockage
- Dock
- Other
- Boat Ramp
- Yes
- Boat Slip
- Yes
Auction Info
- Auction
- No
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- 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.
- Directions
- Use this GPS reference for main access point: 81 E. 2nd Street, Key Largo, FL 33037 Next to the Mariners Club MM 97.5 oceanside
Deed Restrictions
- No
- Yes
Type
- Marina
- Yes
- Mobile Home Park
- Yes
- Other Comrcl Style
- Yes
Fee Includes
- Other
- Yes
Appliances
- No Appliances
- Yes
Cooling
- None
- Yes
Waterfront
- Oceanfront
- Yes
- Open Water
- Yes
Waterview
- Ocean View
- Yes
- Open Water View
- Yes
Vehicle Storage
- Guest Parking
- Yes
- Common Parking
- Yes
- Trailer Storage
- Yes
Construction
- Other
- Yes
Land Size
- 5 Less Than 10 Acres
- Yes
Utilities
- Buyer to Verify
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
- Separate Meters
- Yes
Title
- Title Ins - Buyer
- Yes
Property Rights
- Multi-Use/Commercial
- Yes
- Tranfrble Bldg Prmt
- Yes
- Tranfrble Dev Right
- Yes
- Transient License
- Yes
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
Survey ›
Listing Office:
Swenson & Ecuyer Realty
Last Updated: April - 04 - 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.