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For sale
  • $2,888,000

    98701 Overseas Hwy, Key Largo, FL 33037

    4beds
    2,036sqft
    : 
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    Single Family Residence
    Built in 1965
    1.12 Acres Lot
    $-- Zestimate®
    $1,418/sqft
    $-- HOA

    What's special

    Private propertyExpansive fire-pitSleek contemporary designCaptivating water views
    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.
    544 days
    |
    795
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    JOY C MARTIN 305-394-7866,

    American Caribbean Real Estate, Christie's International Real Estate

    Source: FLKMLS,MLS#: 613026MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Other
      Cooling
      • Ceiling Fans(s), Ductless
      Appliances
      • Included: Dishwasher, Stainless Steel Appliance(s), Freezer, Oven, Range, Refrigerator
      Features
      • Storage, Built-in Cabinets
      • Flooring: Tile
      • Doors: Sliding Glass Doors, Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Impact Rstnce Window
      Interior area
      • Total interior livable area: 2,036 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Levels: 3 Stories
      • Stories: 3
      • Patio & porch: Open Porch/Balcony
      • Has private pool: Yes
      • Pool features: Above Ground
      • Fencing: Fenced
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Oceanfront, Open Water, Waterfront, Dock: Wood, Dock Length: 30
      Lot
      • Size: 1.12 Acres
      • Features: 1 Less Than 2 Acres
      Details
      • Parcel number: 00521460000000
      • Zoning: SR
      • Zoning description: Sub Urban Residential District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Combo Construction
      • Roof: Combo Roof,Other
      Condition
      • Year built: 1965

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Buyer to Verify

      Community & HOA

      Community
      • Subdivision: Rock Harbor Manor (97.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $1,418/sqft
      • Tax assessed value: $2,119,116
      • Annual tax amount: $17,916
      • Date on market: 1/8/2025
      • Listing terms: Cash,FHA,VA Loan,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,086/mo

        Price history

        DateEventPrice
        8/29/2025Price change$2,888,000-2.1%$1,418/sqft
        Source: Key West AOR #613026 Report a problem
        3/18/2025Price change$2,950,000-18.1%$1,449/sqft
        Source: Key West AOR #613026 Report a problem
        1/8/2025Listed for sale$3,600,000-15.3%$1,768/sqft
        Source: FLKMLS #613026 Report a problem
        11/12/2024Listing removed$4,250,000$2,087/sqft
        Source: FLKMLS #604233 Report a problem
        2/17/2023Listed for sale$4,250,000+1.2%$2,087/sqft
        Source: Key West AOR #604233 Report a problem
        1/26/2023Listing removed--
        Source: Key West AOR #602347 Report a problem
        8/27/2022Listed for sale$4,200,000+5.1%$2,063/sqft
        Source: Key West AOR #602347 Report a problem
        8/1/2022Listing removed--
        Source: MIAMI #A11182321 Report a problem
        3/30/2022Listed for sale$3,995,000+1118.7%$1,962/sqft
        Source: MIAMI #A11182321 Report a problem
        6/12/2020Listing removed$327,800$161/sqft
        Source: London Foster Realty #A10636015 Report a problem
        2/21/2020Listed for sale$327,800-51.4%$161/sqft
        Source: London Foster Realty #A10636015 Report a problem
        7/6/2018Sold$675,000-10%$332/sqft
        Source: FLKMLS #576969 Report a problem
        3/26/2018Listing removed$750,000$368/sqft
        Source: Ocean Sotheby's International Realty #576969 Report a problem
        2/14/2018Listed for sale$750,000$368/sqft
        Source: Ocean Sotheby's International Realty #576969 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,917 -3%$2,119,116 -5.2%
        2024$18,469 +67.9%$2,235,242 +148.6%
        2023$11,001 +26.1%$899,141 +10%
        2022$8,725 +7%$817,401 +10%
        2021$8,155 +30.3%$743,092 +10%
        2020$6,258 $675,538 -9.5%
        2019$6,258 -8.7%$746,859 -6.7%
        2018$6,853 -7.7%$800,245 +45.1%
        2017$7,425 +48.5%$551,522 +2.1%
        2016$5,000 -1.3%$540,179 +0.7%
        2015$5,068 $536,424

        Find assessor info on the county website

        Monthly payment

        Est. payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33037

        Getting around

        34 / 100
        Car-Dependent
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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