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97601 Overseas hwy
Key Largo, FL 33037
Waterfront site in Key Largo ~ 7,34 acres · Land For Sale · 7.34 AC

Investment Highlights

  • ±7.34-acre oceanfront assemblage in Key Largo, FL ocean side MM 97.5
  • 15 Transient Rental Licenses for hotel/vacation rental use
  • Direct Atlantic Ocean access
  • 56 Permanent ROGO Exemptions
  • 30 Wet Slips with marina development potential
  • 6,800+ SF commercial entitlement

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Mixed Use
  • Hospitality
  • Hotel
  • Manufactured Homes or Mobile Home Park
  • Marina
  • Retail Warehouse
  • Trailer or Camper Park
Total Lot Size 7.34 AC
No. Stories 2
Zoning MU, SC, UR, URM - Zoning districts collectively allow for a broad range of residential, commercial, and recreational uses

Description

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.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 00554760-000000
  • 00554490-000000
  • 00554420-000000
  • 00554610-000000
  • 00554710-000000
  • 00554600-000000
  • 00554620-000000
  • 00554590-000000
  • 00554430-000000
  • 00554460-000000
Land Assessment
$12,028,621
Improvements Assessment
$1,592,426
Total Assessment
$13,621,047
  • Listing ID: 40460067

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: 97601 Overseas hwy, Key Largo, FL 33037

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