98701 Overseas Highway, Key Largo, FL 33037

$2,950,000 — Active

Property Features

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A Secluded Waterfront Paradise in the Heart of the Florida Keys. Step into a world of minimalistic elegance and tranquility at this one-of-a-kind coastal oasis. Tucked away on over an acre of lushly landscaped, private property stretching from highway to water, this architecturally unique home offers serene luxury and endless possibilities. Arrive via a tree-lined driveway to discover a striking three-story coastal retreat. Featuring four private en suite bedrooms, each with its separate entrance, the home is designed to provide privacy and relaxation for family and guests alike, great rental property for corporate retreat. This property has just received a vacation rental license which brings enhanced opportunities for income producing short term vacation rentals. The sleek, contemporary design integrates seamlessly with the natural surroundings, offering captivating water views from every vantage point. Designed with entertaining in mind, this property boasts multiple spacious outdoor entertainment areas, including verandas overlooking the sparkling pool, sand-laden grounds, and tranquil waterfront oasis. Gather around the expansive fire-pit with seating for up to 14, perfectly situated at the water's edge for unforgettable evenings under the Keys' starry skies. Adding to its versatility, a secondary garage structure—measuring over 700 sq. ft. with soaring 11-foot ceilings—has been artfully re-imagined as a flexible guest space or personal retreat. With SR zoning permitting vacation rentals, this unique property offers endless opportunities, whether as a family compound, corporate retreat, or lucrative investment. Its layout, designed to maximize privacy and individuality, makes it especially appealing for those seeking a distinctive and adaptable space. Additional features include: Ample parking and storage, ideal for all your waterfront toys. •A kayaker's or paddleboarder's dream, with access to nearby mangrove trails. A secluded yet accessible location, offering privacy while remaining close to the best of the Keys. Don't miss the opportunity to own this unparalleled Keys sanctuary, where modern sophistication meets natural beauty. Schedule your private tour today and experience the allure of this remarkable retreat.

▼ Price Reduced — originally listed at $3,600,000

Property Details

  • Listing ID: A11720502
  • Status: Active
  • Listing Date: 2025-01-08
  • Property Type: Single Family Residence
  • Subdivision: ROCK HARBOR MANOR
  • County: Monroe
  • MLS Area: 5940 - Other Florida County
  • Bedrooms: 4
  • Full Bathrooms: 5
  • Living Area Sq Ft: 2,044
  • Year Built: 1965

Financial

  • List Price: $2,950,000
  • Original List Price: $3,600,000
  • HOA Fee: None
  • Taxes: $18,469/yr

Features & Amenities

  • View: Ocean
  • Parking: Driveway
  • Cooling: Ceiling Fan(s), Electric
  • Heating: None
  • Flooring: Tile
  • Construction: Other, CBS
  • Roof: Other
  • Exterior Features: Balcony
  • Community Amenities: None

Courtesy of American Caribbean Real Estate
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