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.
For sale
$2,888,000
98701 Overseas Hwy, Key Largo, FL 33037
4beds
2,036sqft
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
- 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#: 613026
Originating 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
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Price change | $2,888,000-2.1%$1,418/sqft |
Source: | ||
| 3/18/2025 | Price change | $2,950,000-18.1%$1,449/sqft |
Source: | ||
| 1/8/2025 | Listed for sale | $3,600,000-15.3%$1,768/sqft |
Source: | ||
| 11/12/2024 | Listing removed | $4,250,000$2,087/sqft |
Source: | ||
| 2/17/2023 | Listed for sale | $4,250,000+1.2%$2,087/sqft |
Source: | ||
| 1/26/2023 | Listing removed | -- |
Source: | ||
| 8/27/2022 | Listed for sale | $4,200,000+5.1%$2,063/sqft |
Source: | ||
| 8/1/2022 | Listing removed | -- |
Source: | ||
| 3/30/2022 | Listed for sale | $3,995,000+1118.7%$1,962/sqft |
Source: | ||
| 6/12/2020 | Listing removed | $327,800$161/sqft |
Source: London Foster Realty #A10636015 Report a problem | ||
| 2/21/2020 | Listed for sale | $327,800-51.4%$161/sqft |
Source: London Foster Realty #A10636015 Report a problem | ||
| 7/6/2018 | Sold | $675,000-10%$332/sqft |
Source: | ||
| 3/26/2018 | Listing removed | $750,000$368/sqft |
Source: Ocean Sotheby's International Realty #576969 Report a problem | ||
| 2/14/2018 | Listed for sale | $750,000$368/sqft |
Source: Ocean Sotheby's International Realty #576969 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $536,424 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 6.3 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 8.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key Largo
- 33037
- 98701 Overseas Hwy







