$29,975,000

97601 Overseas Hwy Key Largo, FL 33037

Estimated payment $161,297/month

Total Views 4,131
7.34 Acres
$4,083,787 Price per Acre
319,730 Sq Ft Lot

Highlights

  • Ocean Front
  • Boat Ramp
  • 7.34 Acre Lot
  • Coral Shores High School Rated A
  • Dock Available
  • 1-minute walk to Schwingggg

About This Lot

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 Agent

Daniel Guerrieri

Swenson & Ecuyer Realty License #3053430 Listed on: 07/16/2025

Co-Listing Agent

Olga Grant

Swenson & Ecuyer Realty License #3278840

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,754

Lot Details

  • 7.34 Acre Lot
  • Lot Dimensions are 350x915
  • Ocean Front
  • Additional Parcels
  • Property is zoned MU,SC,UR, URM

Property Views

  • Ocean Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00554420-000000

Community Details

Overview

  • No Home Owners Association
  • Mandalay Condos
  • Mandalay Subdivision

Recreation

  • Boat Ramp
  • Property has ocean access
  • Dock Available

Property Details

Property Type

Land

Est. Annual Taxes

$39,754

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Property Sub Type: Commercial
  • Co List Office Mls Id: SWEC01
  • Co List Office Phone: 305-367-3600
  • Horses: No
  • Inclusions: Community Boat Ramp,Dock Available
  • Lot Size Acres: 7.34
  • Lot Size: 350x915
  • New Construction: No
  • Road Frontage Type: Legal Access Road, Public Road, U.S. Highway
  • Road Surface Type: Paved
  • Structure Type: Commercial
  • Subdivision Name: MANDALAY
  • Special Features: 4108

Interior Features

  • Possible Use: Urban Commercial

Exterior Features

  • View: Ocean View
  • Lot Features: County Location, Urban Area Development, 5 To Less Than 10 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MANDALAY

Utilities

  • Sewer: Other, Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Irrigation Water, Sewer Connected, Cable Available, Electricity Available, Phone Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 00554420-000000
  • Additional Parcels: Yes
  • Current Use: Unimproved Agr/Recreation/Mobile Home, Unimproved Business/Commercial
  • Lot Size Sq Ft: 319730
  • Zoning: MU,SC,UR, URM

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 39754

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $29,871 $5,252,943 $5,128,385 $124,558
2023 $29,871 $5,253,716 $5,128,285 $125,431
2022 $20,226 $2,642,877 $2,516,129 $126,748
2021 $22,812 $2,811,526 $2,516,129 $295,397
2020 $23,135 $2,831,947 $2,516,129 $315,818
2019 $25,266 $3,191,101 $2,873,966 $317,135
2018 $22,923 $2,746,789 $2,467,704 $279,085
2017 $7,279 $829,640 $0 $0
2016 $7,548 $830,128 $0 $0
2015 $7,004 $754,649 $0 $0
2014 $7,209 $754,447 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2025 07/16/25 For Sale $29,975,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $2,105,000 Attorney
Warranty Deed $5,092,900 Attorney
Certificate Of Transfer $200,000 --
Warranty Deed $800,000 --
Warranty Deed $57,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11842443

MIAMI REALTORS® MLS

APN: 00554420-000000

Florida Monroe County Key Largo 33037

97601 Overseas Hwy, Key Largo, FL

For Sale

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MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Daniel Guerrieri
Section Image
Swenson & Ecuyer Realty
(786) 692-8517