Seize this rare opportunity to develop one of the largest entitled waterfront parcels in the Florida Keys! This 7.4-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 development, 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.
Property Details
Price:
$27,900,000
MLS #:
A11842443
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial
Subdivision:
MANDALAY
Neighborhood:
mandalay
Listed Date:
Apr 3, 2026
Lot Size:
319,730 sqft / 7.34 acres (approx)
See this Listing
Schools
Interior
Exterior
Lot Features
County Location, Urban Area Development, 5 To Less Than 10 Acre Lot
View
Ocean View
Waterfront Features
Ocean Access, Ocean Front
Financial
Tax Year
2024
Taxes
$39,754
Map
Community
- Address97601 Overseas Hwy Key Largo FL
- SubdivisionMANDALAY
- CityKey Largo
- CountyMonroe County
- Zip Code33037
Subdivisions in Key Largo
- AMENDED & EXTENDED PLAT O
- ANGLERS PARK SHORES
- BAY HARBOR AMD
- BAY HAVEN SEC 3
- BERMUDA SHORES
- BERMUDA SHORES AMD
- BLUE WATERS TR VILLAGE SE
- BUCCANEER PT LARGO SOUND
- BUTTONWOOD BAY CLUB CONDO
- BUTTONWOODS SHORES
- CALUSA CAMPGROUND
- CALUSA CAMPGROUND,Calusa Campground
- Calusa Condo Association,Calusa Condo Associa
- CORAL COAST
- CROSS KEY WATERWAYS EST S
- DOVE CREEK ESTATES
- HARBOR COURSE SOUTH SEC 1,Ocean Reef Club
- Harbor Shores
- HARBORAGE, THE
- HARRIS OCEAN PARK ESTATES
- HARRIS OCEAN PARK ESTS
- Holiday by the Sea
- HOLIDAY HOMESITES
- Island of Key Largo Point
- KAWAMA TOWER
- KAWAMA YACHT CLUB
- KEY LARGO BEACH
- KEY LARGO BEACH ADD
- Key Largo Kampground
- KEY LARGO MOBILE HOMESITE
- KEY LARGO MOBILE HOMESITES,TAYLOR CREEK
- KEY LARGO NORTH
- Key Largo Ocean Resort
- KEY LARGO OCEAN RESORT CO
- KEY LARGO OCEAN RESORT CO,Key Largo Ocean Reso
- KEY LARGO OCEAN RESORT CON
- KEY LARGO OCEAN RESORT,KEY LARGO OCEAN RESO
- KEY LARGO OCEAN SHORE,The Oasis
- KEY LARGO OCEAN SHORES AD
- KEY LARGO PARK AMD
- KEY LARGO TRAILER VILLAGE
- KEY LARGO YACHT CLUB
- KNOWLSON COLONY 1ST ADD P
- LAKE SURPRISE ESTATES
- LANDINGS OF LARGO
- Landings of Largo Condo
- LANDINGS OF LARGO II
- LARGO BEACH
- LARGO GARDENS
- LARGO SOUND PARK
- LARGO SOUND PARK 1ST ADD
- LARGO SOUND PARK,Anglers Park
- MANATEE COVE
- MANDALAY
- MATECUMBE SUB LOTS 3 & 4
- MONROE PARK
- Moon Bay
- OCEAN ISLE ESTATE
- Ocean Reef
- Ocean Reef Club
- PAMELA VILLA
- PARADISE POINT
- PARADISE POINT COVE
- PIRATES COVE
- PIRATES COVE 1ST ADD
- Pirates Cove Key Largo
- PORT LARGO
- PORT LARGO 5TH ADD
- Riviera Village
- Rock Harbor Est
- ROCK HARBOR ESTATE
- Rock Harbor Manor
- SANCTUARY AT KEY LARGO 3
- Santi Heights
- SEXTON COVES ESTATES
- SILVER SHORES MOBILE HOME
- SOUTH CREEK VILLAGE
- STILLWRIGHT POINT NO 2
- STILLWRIGHT POINT NO 2,STILLWRIGHT POINT NO
- SUNRISE POINT REV
- TARPON ACRES
- The Harborage
- THE RESIDENCE CLUB AT FIS
- TOWNHOUSES OF KAWAMA
- TWIN LAKES
- TWIN LAKES 1ST ADD
- TWIN LAKES 2ND ADD
- WINSTON WATER WAYS AMD
- WINSTON WATERWAYS NO 2
- Wynken Blynken & Nod Est,Wynken Blynken & Nod
- WYNKENBLYNKEN & NOD EST,WYNKENBLYNKEN & NOD
Market Summary
Current real estate data for Single Family in Key Largo as of May 01, 2026
134
Single Family Listed
191
Avg DOM
1,072
Avg $ / SqFt
$3,133,014
Avg List Price
Property Summary
- Located in the MANDALAY subdivision, 97601 Overseas Hwy Key Largo FL is a Single Family for sale in Key Largo, FL, 33037. It is listed for $27,900,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Key Largo is $1,072. The average listing price for Single Family in Key Largo is $3,133,014. To schedule a showing of MLS#a11842443 at 97601 Overseas Hwy in Key Largo, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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