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    97340-60 Overseas Hwy Key Largo, FL 33037

    For Sale
    $12,900,000

    Other Services - Key Largo, FL

    Days on Market:
    60
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 97340-60 Overseas Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SR - Sub Urban Residential District
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    20
    Bathrooms
    26
    APN
    00554990-000100
    Parking features
    Guest
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1994
    Floors in Building
    2
    Flooring type
    Tile
    Building materials
    Concrete
    Architectural style
    Other

    RE/MAX All Keys Real Estate (305) 451-0060

    Listing agent Gregory Dully (305) 451-0060 License #3420625

    Listing date Oct 7, 2025

    MLS# 615879 Listing URL

    Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Property for Rehab/Assisted Living

    This commercial waterfront property, situated on 1.77 acres, is suitable for a luxury rehabilitation center, medical spa, or upscale assisted living facility. The property features 20 guest rooms and 26 bathrooms. Located along the Gulf, it includes private beach access and panoramic water views. A resort-style pool is present. Common areas provide space for dining, therapy, and group activities. The surrounding tropical landscape offers a serene atmosphere. The property also includes parking and accessibility features. It is located in Key Largo, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rehabilitation centers

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key Largo
    County
    Monroe
    State
    Florida
    Longitude
    -80.466201
    Latitude
    25.072637

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    FAQs

    What type of property is this?
    Rehabilitation center - Waterfront property ideal for rehab, spa, or assisted living facility.
    Where is this rehabilitation center located?
    The property is located at 97340-60 Overseas Hwy Key Largo, FL.
    What is the asking price?
    The asking price for this property is $12,900,000.
    What are key features of this property?
    This property features: - Premier waterfront property on 1.77 acres suitable for luxury rehab, medical spa, or assisted living.; - 20 guest rooms and **26 bathrooms designed for comfort and individualized care**.; - **Private beach access and resort-style pool with stunning panoramic water views.**
    (305) 451-0060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    97340-60 Overseas Hwy Key Largo, FL 33037
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