About 97601 Overseas Highway
Seize this rare opportunity to develop one of the largest entitled waterfront parcels in the Florida Keys! This expansive 7.34-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.
Features of 97601 Overseas Highway
| MLS® # | 615835 |
|---|---|
| Price | $29,975,000 |
| Bathrooms | 0.00 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 97601 Overseas Highway |
|---|---|
| Area | 27 - Key Largo MM 97-107 |
| Subdivision | Mandalay (97.5) |
| City | KEY LARGO |
| County | Monroe |
| State | FL |
| Zip Code | 33037 |
Amenities
| Utilities | FKAA, Separate Meters, Buyer to Verify, Municipal Sewer |
|---|---|
| Parking | Common Parking, Trailer Storage, Guest Parking |
| View | Open Water View, Ocean View |
| Is Waterfront | Yes |
| Waterfront | Oceanfront, Open Water |
Interior
| Appliances | No Appliances |
|---|---|
| Heating | None |
Exterior
| Lot Description | 5 Less Than 10 Acres |
|---|---|
| Construction | Other |
Additional Information
| Date Listed | July 17th, 2025 |
|---|---|
| Days on Market | 90 |
| Zoning | SC - Sub Urban Commercial District |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Olga Grant |
|---|---|
| Office | Swenson & Ecuyer Realty |