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199 Morris Ave - Ocean Blue Marina 0.83 Acres of Commercial Land Offered at $4,500,000 in Key Largo, FL 33037
Investment Highlights
- Private Boat Ramp
- 20+ Dry storage for boats up to 36 ft
- 16 Wet slips for boats up to 50ft
Executive Summary
The marina primarily serves local boaters and Keys visitors looking for wet slips, dry storage, launch access, and DOY marine services in a quieter setting.
The marina offers 16 wet slips for vessels up to 50 feet and dry storage for boats up to 36 feet.
The marina also includes an private boat ramp, gated access, 30/50 amp shore power, water hookups, and bathhouse facilities.
Located next to Sea Hunter Sales and Service Boat Dealership.
Strategic foothold by Key Largo with Premier access to the Florida
Bay back country & Card Sound towards Biscayne Bay.
Property Facts
| Price | $4,500,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Marina |
| No. Lots | 1 | Total Lot Size | 0.83 AC |
| Zoning | SC - Tier III, Zoned SC, Flum MC, AE Flood Zone | ||
| Price | $4,500,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Marina |
| Total Lot Size | 0.83 AC |
| Zoning | SC - Tier III, Zoned SC, Flum MC, AE Flood Zone |
1 Lot Available
Lot
| Price | $4,500,000 | Lot Size | 0.83 AC |
| Price Per AC | $5,421,686.75 |
| Price | $4,500,000 |
| Price Per AC | $5,421,686.75 |
| Lot Size | 0.83 AC |
17 Parcel Lot Wet and Dry Boat Storage Private Boat Ramp Water, Electric, and Sewage connected
Description
Ocean Blue Marina is more than just a place to keep a boat — it is a strategic foothold in one of the most desirable boating markets in the United States. Located in Key Largo, the marina offers direct access to the Florida Bay backcountry, world-famous offshore reefs, and some of the best sportfishing and diving waters anywhere in the Keys. For boaters, location is everything, and Ocean Blue sits at the entrance to it all. The marina sits close to Card Sound & Biscayne Bay making it convenient for anglers, divers, and recreational boaters heading into the open water. What makes Ocean Blue Marina especially attractive is its versatility and location. The property combines wet slips, dry storage, and a private ramp that serves both local boat owners and transient visitors. In a market where marina inventory is extremely limited and where waterfront development opportunities are increasingly scarce, owning a simple marina in the Upper Keys represents a rare and tangible asset with long-term value. The marina also benefits from the continued growth of Florida’s boating industry. South Florida and the Florida Keys remain one of the strongest marine markets in the country, driven by year-round boating weather, affluent boat ownership demographics, and increasing demand for secure storage. Ocean Blue Marina is positioned to capitalize on this demand while maintaining the intimate, family-oriented atmosphere that many boaters prefer over the crowded resort marinas. Perhaps most importantly, Ocean Blue Marina offers something that cannot be replicated: protected waterfront access in Key Largo. Waterfront marina properties in the Florida Keys are finite, heavily regulated, and increasingly difficult to develop. That scarcity alone gives the property enduring value. Whether the buyer is an owner-operator looking to grow a boating business, or a boating enthusiast wanting a personal foothold in the Keys lifestyle, Ocean Blue Marina represents a unique opportunity to own a piece of one of America’s premier boating destinations.
Property Taxes
| Parcel Numbers | Improvements Assessment | $207,317 | |
| Land Assessment | $3,314,295 | Total Assessment | $3,521,612 |
Property Taxes
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199 Morris Ave - Ocean Blue Marina
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