Ocean Blue Marina

Key Largo, Florida


Property Details

Status For Sale
Price $4,500,000
Address 199 Morris Avenue, Key Largo, FL
Location Just off US-1 near Mile Marker 112, Upper Florida Keys
Wet slips 16 (vessels up to 50 ft)
Dry storage 20+ (vessels up to 36 ft)
Lot size 25,611 SF
Shore power 30 and 50 amp
Amenities On-site boat ramp, gated access, water hookups, bathhouse, RV sites with hook-ups
Water access Florida Bay backcountry, Card Sound and Biscayne Bay
Adjacent Sea Hunter Sales and Service boat dealership

Ocean Blue Marina is a small private marina located in the Upper Florida Keys at 199 Morris Avenue in Key Largo, just off US-1 near Mile Marker 112. The marina primarily serves local boaters and visitors looking for wet slips, dry storage, launch access, and marine services in a quieter setting. The marina offers 16 wet slips for vessels up to 50 feet and dry storage for boats up to 36 feet. The marina also includes an on-site boat ramp, gated access, 30/50 amp shore power, water hookups, bathhouse facilities, and pet-friendly policies.

Ocean Blue Marina is more than just a place to keep a boat — it is a strategic foothold in one of the most desirable boating markets in the United States. Located in Key Largo, the marina offers direct access to the Florida Bay backcountry, world-famous offshore reefs, and some of the best sportfishing and diving waters anywhere in the Keys. For boaters, location is everything, and Ocean Blue sits at the entrance to it all. The marina sits close to Card Sound & Biscayne Bay making it convenient for anglers, divers, and recreational boaters heading into the open water.

What makes Ocean Blue Marina especially attractive is its versatility and location. The property combines wet slips, dry storage, and launch facilities that serve both local boat owners and transient visitors. In a market where marina inventory is limited and waterfront development opportunities are increasingly scarce, owning a simple marina in the Upper Keys represents a rare and tangible asset with long-term value.

 

The marina also benefits from the continued growth of Florida’s boating industry. South Florida and the Florida Keys remain one of the strongest marine markets in the country, driven by year-round boating weather, affluent boat ownership demographics, and increasing demand for secure storage. Ocean Blue Marina is positioned to capitalize on this demand while maintaining the intimate, family-oriented atmosphere that many boaters prefer over the crowded resort marinas.

Perhaps most importantly, Ocean Blue Marina offers something that cannot be replicated: protected waterfront access in Key Largo. Waterfront marina properties in the Florida Keys are finite, heavily regulated, and increasingly difficult to develop. That scarcity alone gives the property enduring value. Whether the buyer is an owner-operator looking to grow a boating business, or a boating enthusiast wanting a personal foothold in the Keys lifestyle, Ocean Blue Marina represents a unique opportunity to own a piece of one of America’s premier boating destinations.

 

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RICK ROUGHEN MBA, BROKER ASSOCIATE
COMMERCIAL MARITIME SPECIALIST | MARINA & SHIPYARD CONSULTANT