97601 Overseas Hwy

Key Largo, FL 33037

– beds
– baths
– sqft
~7 acre lot
– on site

Seize this rare opportunity to develop one of the largest entitled waterfront parcels in the Florida Keys! This 7.34-acre assemblage offers 10 Total parcels, 54(57) ROGO exemptions, 15 transient rights, 30 wet slips and commercial SF. Multiple parcels sold as a package. Located oceanside at MM 97.5 with excellent visibility and access to boating and tourism. 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, Marina developement or boat storage. Whether you envision a boutique resort, waterfront rental community, or luxury mixed-use enclave, this is a truly one-of-a-kind investment opportunity in Monroe County.

Listing courtesy of MLSM / Swenson & Ecuyer Realty

Last checked: Checking… • Last updated Jul 18, 2025 •

MLS# A11842443 —

Financial & Terms

Possession:

CloseOfEscrow,Negotiable

The Property

Property Type:

Land
Property Subtype:

Commercial
Property Subtype Additional:

Commercial
Zoning Description:

MU,SC,UR, URM
Parcel Number:

00554420 000000
Additional Parcels:

00554710-000000,00554760-000000
# of Lots:

10
Lot Features:

FiveToTenAcres
Lot Size Area:

319730.0
Lot Size Acres:

7.34
Lot Size SqFt:

319,730 Sqft
Lot Size Dimensions:

350x915
Lot Size Units:

SquareFeet
View:

Ocean
Waterfront:

true
Waterfront Features:

OceanAccess, OceanFront
Road Responsibility:

PublicMaintainedRoad
Road Surface Type:

Paved
Road Frontage Type:

Highway

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$39,754
Tax Legal Description:

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 AND ADJ BAY BTM PB1-

The Listing

Virtual Tour Unbranded:

Virtual Tour
Ownership:

Corporation

Utilities

Utilities:

CableAvailable, ElectricityAvailable, PhoneAvailable, TrashCollection, WaterAvailable
Sewer:

PublicSewer,Other
Water Source:

Public

The Community

Subdivision Name:

Mandalay

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/17/25 Jul 17, 2025	Listed / Active	MLSM	$29,975,000

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This plot of land located in Key Largo, FL 33037 is currently for sale for $29,975,000. 97601 Overseas Hwy is a – square foot plot of land with – beds and – baths that has been on Estately for 0 days. This plot of land is in the attendance area of Key Largo School and Key West High School.

Listing Courtesy of: MLSM and Swenson & Ecuyer Realty.

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.