95351 Overseas Highway, Key Largo, FL 33037 (MLS# 579482)

95351 Overseas Highway, Key Largo, FL 33037

$9,500,000

Property Type: Commercial Bedrooms: 7 Baths: 4 Square Footage: 2,489 Lot Size (sq. ft.): 407,571 Status: Active

Current Price: $9,500,000 List Date: 7/27/2024 Last Modified: 3/10/2025

Description

Beautiful adjoining oceanfront gated estates available individually or together. Each parcel has a single family residence with vacation rental income potential and are zoned Suburban Commercial for development opportunities..*UPDATE: There are 50 TDRs (TREs) available, preliminarily reviewed by Monroe County and transferable to these parcels for higher development potential! This unique wooded acreage has a deep basin and channel for ocean access, with dolphin piling boat slips and boat ramp. Single Family Residences with ROGO exemptions for remodel/rebuild possibilities. Highest approval rate via Monroe County is for MIXED-USE COMMERCIAL development. (The 6.1 acre parcel may be sold together with contiguous 3.2 acre parcel@95325 Overseas Hwy, AK#1592986,RE#00483360 000000 13 62 38 PT TR 5&6 SOUTHCLIFF ESTS PB2-45 & PT GOV LOT 1 & ADJ BAY for grand total of 9.36 acres, includes 1137 sf 1970 2/1 cbs home, metal roof.) *Includes data for both parcels and for taxes. This is a duplicate listing. Broker part owner/family owned.

More Information MLS# 579482

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: No Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $9,500,000 Listing Date: 2018-03-01 List Price: $9,500,000

Location, Tax & Legal

City: KEY LARGO Off Shore Island: No Mile Marker: 95 Side: Ocean Flood Zone: AE,AE,VE,VE,VE,AE,AE Alternate Key #: 1592978 Add'l Parcel #1: 2 parcels, 2 bldgs* Parcel #: 00483350-000000 Add'l Parcel #2: Taxes both parcels Zoning: SC - Sub Urban Commercial District Legal: 13 62 38 PT TRS 5 & 6 AND TR 5A SOUTHCLIFF ESTS PB2-45 KEY LARGO & PT GOVT LOT 1 ISLAND OF KEY LARGO AND ADJ FILLED BAY Taxes: 36000 Tax Year: 2023 Street #: 95351 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Southcliff Ests (95.0) County: Monroe Area: 26 - Key Largo S of MM 96.9

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 0 Lot Size: >650' shoreline* Lot SqFt: 407571 Total Units: 0 # Stories: 2 SqFt Source: Property Data Card Total # Buildings: 2 Building SqFt: 2489 Style: Commercial Living Apx SqFt: 2489 Year Built: 1959 Total Bedrooms: 7 Full Baths: 4 Total Baths: 4

Remarks & Misc

Remarks – Consumer: Beautiful adjoining oceanfront gated estates available individually or together. Each parcel has a single family residence with vacation rental income potential and are zoned Suburban Commercial for development opportunities..*UPDATE: There are 50 TDRs (TREs) available, preliminarily reviewed by Monroe County and transferable to these parcels for higher development potential! This unique wooded acreage has a deep basin and channel for ocean access, with dolphin piling boat slips and boat ramp. Single Family Residences with ROGO exemptions for remodel/rebuild possibilities. Highest approval rate via Monroe County is for MIXED-USE COMMERCIAL development. (The 6.1 acre parcel may be sold together with contiguous 3.2 acre parcel@95325 Overseas Hwy, AK#1592986,RE#00483360 000000 13 62 38 PT TR 5&6 SOUTHCLIFF ESTS PB2-45 & PT GOV LOT 1 & ADJ BAY for grand total of 9.36 acres, includes 1137 sf 1970 2/1 cbs home, metal roof.) *Includes data for both parcels and for taxes. This is a duplicate listing. Broker part owner/family owned.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Retail: 1

Fee Includes

None: 1

Dockage

Basin: 1 Boat Ramp: 1 Seawall: Concrete Other Dockage: 1

Appliances

Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Cooling

Heat Pump: 1 Wall/Window Unit(s): 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Open Water View: 1

Floor

Tile: 1 Vinyl: 1

Windows/Doors

Aluminum Windows: 1 Awning Windows: 1

Construction

CBS: 1

Land Size

5 Less Than 10 Acres: 1

Terms

Buyer Obtain Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Property Rights

Multi-Use/Commercial: 1

Miscellaneous

Chickee Hut: 1 Fencing: 1 Highway Frontage: 1 Open Water View: 1 Residence on Premise: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Clam Shell: 1

Status Change Info

Status: Active

Property Features

Type: Retail Waterfront: Oceanfront; Open Water Waterview: Open Water View Dockage: Basin; Boat Ramp; Other Dockage Cooling: Heat Pump; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: Chickee Hut; Fencing; Highway Frontage; Open Water View; Residence on Premise Construction: CBS Shutters: Clam Shell Floor: Tile; Vinyl Roof: Metal Roof Land Size: 5 Less Than 10 Acres Fee Includes: None Terms: Buyer Obtain Finance Property Rights: Multi-Use/Commercial

Listing Office: Buccaneer R.E.

Last Updated: March - 10 - 2025

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