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  • 106309 Overseas Highway, Key Largo, FL 33037 (MLS# 590613)

106309 Overseas Highway, Key Largo, FL 33037

$675,000
Property Type: Commercial Baths: 1 Square Footage: 425 Lot Size (sq. ft.): 3 Status: Closed
Current Price: $675,000 List Date: 4/21/2020 Last Modified: 2/28/2025

Description

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,

Supplements: 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.

More Information MLS# 590613

Contract Information

Listing Board: Florida Keys Limited Representation: Yes Potential Short Sale: No Bank Owned: No Current Price: $675,000 Listing Date: 2020-04-19 Sold Price: $675,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 106 Marathon Neighborhood: N/A Side: Ocean Flood Zone: X,X Alternate Key #: 1661988 Add'l Parcel #1: 1661970,1661961 Parcel #: 00538470-000000 Add'l Parcel #2: 1661953 Zoning: CG - General Commercial Legal: BK 2 LT 17 OCEAN ISLE EST PB5-14 KEY LARGO OR786-1768 OR786-1769 OR799-2019 OR823-1110/13 OR1200-2148/49FJ OR1202-1687 O Taxes: 2444.86 Tax Year: 2019 Street #: 106309 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Ocean Isle Estates (106.0) County: Monroe Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 26600 Lot SqFt: 3 Total Units: 0 Off Street Parking: yes # Stories: 1 SqFt Source: Property Data Card Total # Buildings: 1 Building SqFt: 425 Style: Commercial Living Apx SqFt: 425 Year Built: 1962 Half Baths: 1 Total Baths: 1

Remarks & Misc

Remarks – Consumer: 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,

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Office Buildings: 1 Retail: 1 Other Services: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

No Appliances: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Construction

CBS: 1 Combo Construction: 1

Land Size

1/2 - Less Than 1 AC: 1

Utilities

FKAA: 1 Separate Meters: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2021-01-27 Sold Price: $675,000 Status: Closed

Property Features

Type: Office Buildings; Retail; Other Services Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Separate Meters Appliances: No Appliances Construction: CBS; Combo Construction Land Size: 1/2 - Less Than 1 AC Fee Includes: None
Listing Office: Century 21 Circle
Last Updated: February - 28 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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