305-609-4190
94825 Overseas Hwy 116, Key Largo FL 33037
Active Residential Waterfront

94825 Overseas Hwy 116, Key Largo FL 33037

Key Largo, FL, 33037

$540,000

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Garage

Photo Gallery (4 photos)

About This Property

Build your dream home in paradise on this oversized corner lot in the heart of Key Largo. Ideally positioned next to the community clubhouse and tennis courts and directly across from the ocean, this prime homesite offers beautiful ocean views and an unbeatable location within a family-friendly community. One of the larger lots in the neighborhood, this property provides added space and flexibility for your custom island retreat. This rare offering includes approved plans and permits — ready to build immediately, saving valuable time and expense in the Florida Keys building process. Enjoy the perfect blend of coastal living, recreation, and convenience in one of Key Largo’s most desirable communities. Whether you’re planning a full-time residence, vacation getaway, or investment property, this exceptional lot offers the opportunity to create the Keys lifestyle you’ve been dreaming of.

Property Details

MLS #

A12021241

Status

Active

Property Type

Land/Boat Docks

Sub Type

Residential

Days on Market

19

Pool

No

Waterfront

Yes

HOA Fee

None

Est. Insurance

$180/mo

Tax Year

2025

Tax Amount

$1,817

Garage

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Lot Size

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MLS Area

Key Largo Ocean Resort Co

Subdivision

KEY LARGO OCEAN RESORT CO

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$3,780
Est. Monthly Rent
1.3%
Cap Rate
6.3%
Cash-on-Cash
$6,800
Net Operating Income

ROI Projections (4% Annual Appreciation)

140%
5-Year ROI
Value: $656,993
303%
10-Year ROI
Value: $799,332
495%
15-Year ROI
Value: $972,509

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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