106309 Overseas Highway, Key Largo, FL 33037

$675,000

Corner of Abaco Road, US1, and lot 17 wi

Back yard of commerial lot 17, plants no

View of lot 16 and partial Commercial lo

Property Type: Commercial Sale Baths: 1 Square Footage: 425 Lot Size (sq. ft.): 13,300 Status: Closed

Current Price: $675,000 List Date: 10/05/2020 Last Modified: 2/28/2025

Overview

Description

Great opportunity for business owner or investor. One Commercial Property on a corner lot on US1 Overseas Hwy & one additional residential cleared lot with building permit applied for. This property combined has approximately 133 feet of Highway frontage by 100 feet deep at the entrance of Key Largo mile marker 106 Ocean side, giving you amazing Exposure. 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 lot, & build dorms,

Supplements: or multi use, with Residential on top floor and Commercial on first floor. You could meet with Monroe County and see what your options are. Or simply build one Residential home on the vacant residential lot, and keep the commercial property rented or run a business from it. This in an X Flood Zone, so no need to go up on stilts. This is an excelle ... (Read more)

Listing Details MLS# 592864

Location, Tax & Legal

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
City: KEY LARGO
Mile Marker: 106
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: X,X
Alternate Key #: 1661988
Add'l Parcel #1: 00538460-000000
Parcel #: 00538470-000000
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: 1897.08
Tax Year: 2019

Contract Information

Listing Board: Florida Keys
Limited Representation: Yes
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 13300
Waterfront: No
# Stories: Yes
Total # Buildings: Yes
Building SqFt: 425
SqFt Source: Tax Records
Living Apx SqFt: 425
Year Built: 1962
Half Baths: Yes
Total Baths: Yes
Control Depth: 0
Total Units: 0

Status Change Info

Under Contract Date: 2020-12-29
Sold Date: 2021-01-27
Sold Comments: Sold including the vacant lots.

Association Info

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

Misc Property Info

Recorded Plat: Yes

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Great opportunity for business owner or investor. One Commercial Property on a corner lot on US1 Overseas Hwy & one additional residential cleared lot with building permit applied for. This property combined has approximately 133 feet of Highway frontage by 100 feet deep at the entrance of Key Largo mile marker 106 Ocean side, giving you amazing Exposure. 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 lot, & build dorms,
Directions: Oceanside, mile marker 106

Type

Other Services: Yes

Fee Includes

None: Yes

Dockage

None: Yes

Appliances

No Appliances: Yes

Cooling

Central Air: Yes

Waterfront

None: Yes

Electric

Circuit Breakers: Yes

Waterview

No Waterview: Yes

Floor

Carpet: Yes

Construction

CBS: Yes
Combo Construction: Yes

Land Size

Less Than 1/4 Acre: Yes

Terms

Buyer Obtain Finance: Yes
Seller Finance Psble: Yes

Utilities

Municipal Sewer: Yes
Separate Meters: Yes

Title

Title Ins - Buyer: Yes

Miscellaneous

Fencing: Yes
High Traffc Location: Yes
High Visibility: Yes
Highway Frontage: Yes
Utility Building: Yes

Roof

Combo Roof: Yes
Shingle Roof: Yes
Tar/Gravel Roof: Yes

Tenant Paid

Electric: Yes
Water: Yes

Property Features

Type: Other Services Waterfront: None Waterview: No Waterview Dockage: None Cooling: Central Air Utilities: Municipal Sewer; Separate Meters Appliances: No Appliances Miscellaneous: Fencing; High Traffc Location; High Visibility; Highway Frontage; Utility Building Construction: CBS; Combo Construction Electric: Circuit Breakers Floor: Carpet Roof: Combo Roof; Shingle Roof; Tar/Gravel Roof Land Size: Less Than 1/4 Acre Fee Includes: None Terms: Buyer Obtain Finance; Seller Finance Psble Title: Title Ins - Buyer Tenant Paid: Electric; Water

Documents

Lot #16, Site Plan ›

Survey - Lot 16 ›

Preliminary Plans - Lot 16 ›

Lot 16 Dimensions ›

Lot 17 dimensions ›

Survey - Lot 17 ›

Elevation Certificate (seller's) ›

Sketch of Building ›

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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