• 106309 Overseas Hwy, Key Largo, FL 33037

For Sale

Office

For Sale

This property is available for sale
0.61
Acres
$775,000
Sale Price
  • Year Built
    1962
  • Overview

    Great opportunity for an Investor with vision! Lots of options. One Commercial Property on a corner lot on US1 Overseas Hwy & three additional residential cleared lots with permits applied for. This property combined has 266 feet of Highway frontage by 100 feet deep at the entrance of Key Largo mile marker 106 Ocean side, giving you amazing Exposure. This is one full block on the Highway, from Abaco Rd to North End Rd. This property is close to the new proposed Community College Coming soon. The commercial building offers 425 sqft of usable or leasable area under central a/c, and a half bathroom. There is a lot of parking in front of the building as well as the side. Existing sign visible from both sides. Explore all the options here, perhaps rezone the Residential lots, & build dorms, or multi use, with Residential on top floors and Commercial on first floor. You could meet with Monroe County and see what your options are. Or simply build three Residential homes on the three residential lots, Or build Two residential homes and combine the adjacent residential lot with commercial lot and rebuild commercial property. Or keep it the way it is and run a boat dealer. This is in an X Flood Zone, so no need to go up on stilts. This is an excellent opportunity for someone to invest or have their business with tons of traffic going in front of it on a daily basis. Again, Lots of Possible Options here. Call Today.

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Property Details

Great opportunity for an Investor with vision! Lots of options. One Commercial Property on a corner lot on US1 Overseas Hwy & three additional residential cleared lots with permits applied for. This property combined has 266 feet of Highway frontage by 100 feet deep at the entrance of Key Largo mile marker 106 Ocean side, giving you amazing Exposure. This is one full block on the Highway, from Abaco Rd to North End Rd. This property is close to the new proposed Community College Coming soon. The commercial building offers 425 sqft of usable or leasable area under central a/c, and a half bathroom. There is a lot of parking in front of the building as well as the side. Existing sign visible from both sides. Explore all the options here, perhaps rezone the Residential lots, & build dorms, or multi use, with Residential on top floors and Commercial on first floor. You could meet with Monroe County and see what your options are. Or simply build three Residential homes on the three residential lots, Or build Two residential homes and combine the adjacent residential lot with commercial lot and rebuild commercial property. Or keep it the way it is and run a boat dealer. This is in an X Flood Zone, so no need to go up on stilts. This is an excellent opportunity for someone to invest or have their business with tons of traffic going in front of it on a daily basis. Again, Lots of Possible Options here. Call Today.

  • Property Type
    Office
  • Year Built
    1962
  • Sale Price
    $775,000
  • Total Acres
    0.61
  • Last updated
    Apr 30, 2020
  • Property ID
    2132892

Landlord's Sales Representative

  • Robert Valenzuela
    CENTURY 21 Island Life