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Waterfront Assisted Living & Rehab Facility
For Sale
$13,499,000

97340-60 Overseas Highway, Key Largo, FL 33037

COMMERCIAL - Key Largo, FL

Property Size20,084 SF
Lot Size1.77 Acres
Price / SF$672.13
Days on Market399

Property Features for 97340-60 Overseas Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning SR - Sub Urban Residentia
Bedrooms 20
Bathrooms 25
Full bathrooms 24
Half bathrooms 2
Rooms Bathroom 13, Bedroom 6, Bedroom 8, Bathroom 16, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 6, Bathroom 15, Bathroom 25, Bedroom 1, Bedroom 10, Bathroom 26, Bathroom 20, Bedroom 5, Bedroom 19, Bedroom 16, Bathroom 3, Bathroom 2, Bedroom 11, Bedroom 9, Bedroom 13, Bathroom 14, Bathroom 8, Bedroom 17, Bathroom 12, Bathroom 22, Bathroom 19, Bedroom 4, Bathroom 18, Bathroom 9, Bathroom 10, Bedroom 20, Bathroom 24, Bedroom 2, Bedroom 14, Bathroom 23, Bathroom 5, Bedroom 15, Bedroom 12, Bathroom 17, Bathroom 11, Bathroom 21, Bedroom 7, Bedroom 18, Bathroom 7
Appliances Refrigerator, Range, Washer, Dryer, Dishwasher
Subdivision Mandalay Key Amt Plat (98.0)
View Water
Directions US 1 south MM 97
Standard status Active
APN 00554990-000100
Size 20,084 SF
Lot size 1.77 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description AMD PLAT OF MANDALAY PB2-25 KEY LARGO PORTION TRACT 3-B (NE) OR577-629 OR573-479 OR784-749 OR784-750 OR808-339 OR903-10
Tax Annual Amount 78878
Legal Description AMD PLAT OF MANDALAY PB2-25 KEY LARGO PORTION TRACT 3-B (NE) OR577-629 OR573-479 OR784-749 OR784-750 OR808-339 OR903-10

Utilities

Water front 1

Amenities

private beach access
resort-style pool
panoramic water views
tropical landscape
accessibility features

Building Details

Year built 1994
Floors in Building 2
Flooring type Tile
Building materials CBS, Concrete
Listing Agency: RE/MAX All Keys Real Estate
Listed By: Gregory Dully · License #3420625
Added: Jul 21, 2025 Changed: Aug 4 Last Checked: Aug 23 at 1:06AM
MLS# 615879

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This for-sale healthcare property is set up for assisted living and rehabilitation-style use, featuring 20 guest rooms and 26 bathrooms. Common areas are designed for comfort and day-to-day programming, with space referenced for dining as well as therapy and group activities. The setting includes a resort-style pool and built-in accessibility features throughout the property, along with spacious parking.

Located on the Gulf in Key Largo at 97340-60 Overseas Highway, the site is described as having private beach access and panoramic water views. The property sits on 1.77 acres under SR - Sub Urban Residentia zoning.

As presented, the overall configuration supports a self-contained wellness and care environment, combining guest accommodations, shared spaces, and outdoor recreation directly on the waterfront.

Key Highlights

  • 1.77‑acre Gulf waterfront property with private beach access
  • 20 guest rooms and 26 bathrooms
  • Resort‑style pool on the property

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Hair Salon Plumbing Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33037, FL

13,875
Population
10,494
Households
1.3
Avg Household Size
53
Median Age
41%
College-Educated
95%
High-School Grad
32.9 sq mi
ZIP Area
422
Density / Sq Mi
$80,911
Median Household Income
$40,641
Median Earnings
$1,896
Median Rent
$660,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Assisted living facility - Waterfront facility with 20 guest rooms, private beach access, and onsite parking with built-in accessibility.
Where is this assisted living facility located?
The property is located at 97340-60 Overseas Highway Key Largo, FL.
What is the asking price?
The asking price for this property is $13,499,000.
What are key features of this property?
This property features: 1.77‑acre Gulf waterfront property with private beach access; 20 guest rooms and 26 bathrooms; Resort‑style pool on the property
More about this property
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