Waterfront - New Construction
97251 Overseas Hwy Key Largo, FL
$ 9,900,000
Property Attributes
  • MLS#218076663
  • TypeSingle Family
  • CountyMONROE
  • CityKey Largo
  • AreaOA01 - Out of Area
  • NeighborhoodMandalay
  • Zip33037
  • StyleFlorida
  • Year Built2004
  • Taxes27323
  • Price$ 9,900,000
  • Bedrooms6
  • Full Bathrooms14
  • Half Bathrooms2
  • Sqr Footage13745
  • Lot Size5.86 Acres
Listing Provided Courtesy Of:
Premier Sotheby's International Realty
Property Description

ONE MILLION DOLLAR PRICE REDUCTION!! FOUR HOMES TOTAL on approx. SIX ACRES at this exclusive OCEANFRONT GATED ESTATE RESORT. This unique property would be ideal for a large family, investor or corporate venue. NINE SLIP PRIVATE MARINA, TWO saltwater swimming pools and elevators in each residence. All abutting a 40 acre mangrove preserve.Property features two main homes 4,450 and 4,250 sq feet and two guest homes 1,800 sq feet. This property also has an additional build right as big as property will allow. Offering quality craftsmanship with attention to detail around every corner, gourmet kitchens, dramatic custom designed staircases and captivating unrestricted views. Private Channel where you own Bay Bottom and have Submerged Land Rights, Clubhouse, security cameras and a utility/workshop for all your toys.Rentals on only main home 2 exceed 213K with main home 1 projected at 1,500$ per night and guest homes at 800-1,000$. Motivated seller!!

Price History
12/20/2018 Listed $10,900,000
9/23/2019 10% - $9,900,000

General Features

Amenities Beach - Private, Clubhouse, Extra Storage, Guest Room, Internet Access, Marina
Amenity Fee 0.00
Application Fee 0.00
Community Type Gated Community
Condo Fee 0.00
Construction Concrete Block, Elevated, Handicap
Cumulative Days on Market 331
Development MANDALAY
Development Name MANDALAY
Floor Plan Type Great Room, Split Bedrooms, 2 Story
HOA Fee 0.00
Land Lease Fee 0.00
Maintenance None
Mandatory Club Fee 0.00
Master Hoa Fee 0.00
Pets Allowed Y/N No Approval Needed
Possession At Closing
Property Type Residential
Section 6
Special Assessment 0.00
Status Active
Subdivision MANDALAY
Tax Year 2018
Taxes 27323.91
Year Built 2004

Interior Features

Additional Rooms Balcony, Exercise, Glass Porch, Guest Bath, Guest Room
Approx Living Area 13745
Bedroom Description First Floor Bedroom, Master BR Sitting Area, Master BR Upstairs, Split Bedrooms, Two Master Suites
Beds Total 6
Cable Yes
Cooling Ceiling Fans, Central Electric, Gas - Propane, Zoned
Dining Description Breakfast Bar, Breakfast Room, Dining - Family, Eat-in Kitchen, Formal
Elevator Private
Equipment Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Generator, Microwave, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Smoke Detector, Walk-In Cooler
Flooring Marble, Tile
Full Baths 14
Furnished Negotiable
Half Baths 2
Heating Central Electric
Interior Features Bar, Built-In Cabinets, Cable Prewire, Fireplace, Foyer, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet, Wet Bar
Kitchen Description Built-In Desk, Island, Walk-In Pantry
Master Bath Description 2 Masters, Jetted Tub
Price Per Sq Ft 720.26
Total Baths 16.00
Total Bedrooms 6 or More
Windows Bay, Impact Resistant, Sliding

Exterior Features

Acres 5.8600
Boat Access Boat Dock Private, Boat Lift, Boat Slip, Dock Deeded, Dock Included, Elec Avail at dock, Hoist/Davit, Water Avail at Dock, Wooden Dock
Building Description Florida
Building Design Single Family
Canal Width Canal Width 31-80
Exterior Features Courtyard, Deck, Decorative Shutters, Extra Building, Fence, Fruit Trees, Outdoor Shower, Patio, Privacy Wall, Private Road, Storage
Exterior Finish Brick, Stone, Stucco
Garage Description Attached
Guest House Desc 2+ Baths, 2+ Bedrooms, Balcony, Carport
Gulf Access Yes
Gulf Access Type No Bridge(s)/Water Direct
Irrigation Assessment Unpaid
Lot Description 3 Lots
Lot Frontage 255
Lot Left 1028
Lot Right 1182
Number of Garage Spaces 5.00
Parking 2+ Spaces, Driveway Paved, Guest, Paved Parking, RV-Boat
Private Pool Yes
Private Spa Yes
Private Spa Desc Below Ground, Concrete, Heated Electric
Rear Exposure E
Roof Metal
Sewer Central
Storm Protection Shutters
View Mangroves
Water Assessment Unpaid
Waterfront Yes
Waterfront Desc Gulf Frontage, Mangrove, Navigable, Seawall


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33037

AVG $1.45M
AVG $4,556
AVG 36
Year Built
AVG 1990
AVG 26
Data Provided by Walkscore ® not using MLS data

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