95351 Overseas Highway, Key Largo, FL 33037 (MLS# 599881)

95351 Overseas Highway, Key Largo, FL 33037

$6,900,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 1,352 Lot Size (sq. ft.): 192,970 Status: Active

Current Price: $6,900,000 List Date: 6/28/2022 Last Modified: 3/10/2025

Description

Beautiful adjoining oceanfront gated estates available individually or together for a reduced price! 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, 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.) This is a duplicate listing. Broker part owner/family owned.

More Information MLS# 599881

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: No Potential Short Sale: No Bank Owned: No Current Price: $6,900,000 Listing Date: 2022-02-28 List Price: $6,900,000

Location, Tax & Legal

City: KEY LARGO Off Shore Island: No Mile Marker: 95 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,VE,VE,VE,AE,AE Alternate Key #: 1592978 Handicap Access: No Parcel #: 00483350-000000 Zoning: SC - Sub Urban Commercial District Deed Restrictions: Unknown 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: 4944.74 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 95351 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Southcliff Ests (95.0) Area: 26 - Key Largo S of MM 96.9

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 0 Lot Size: >500' shoreline* Lot SqFt: 192970 Pool: No Total Units: 0 Acres: 6.12 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 28 Style: Multi-Units Year Built: 1959 Living Apx SqFt: 1352 Total Bedrooms: 5 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Beautiful adjoining oceanfront gated estates available individually or together for a reduced price! 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, 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.) This is a duplicate listing. Broker part owner/family owned.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

Sewer: 1 Water: 1

Dockage

Dock: Concrete Basin: 1 Boat Ramp: 1 Boat Slip: 1 Seawall: Concrete

Tax Exemptions

Homestead: 1

Appliances

Refrigerator: 1

Pets

Pets Allowed: 1

Cooling

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

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1

Floor

Tile: 1

Building Style

Above Flood: Unknown

Windows/Doors

Aluminum Windows: 1 Awning Windows: 1

Construction

CBS: 1

Land Size

5 Less Than 10 Acres: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Exterior Features

Chickee Hut: 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

Fee Includes: Sewer; Water Tax Exemptions: Homestead Waterfront: Oceanfront; Open Water Waterview: Ocean View Dockage: Basin; Boat Ramp; Boat Slip Cooling: Ceiling Fans(s); Heat Pump; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Appliances: Refrigerator Exterior Features: Chickee Hut Construction: CBS Shutters: Clam Shell Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: 5 Less Than 10 Acres

Listing Office: Buccaneer R.E.

Last Updated: March - 10 - 2025

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