Seize this rare opportunity to own a prime working waterfront property with exceptional Highway visibility. This unique offering includes two commercial waterfront buildings located at 24931 & 24933 Overseas Highway in Summerland Key, each with separate water, electric, and sewer connections for added flexibility. Situated on a 10,673 SF lot, the property features a 813 SF building, a 1,152 SF building, and a 192 SF utility/storage building for additional space. Additionally, the property includes a private boat ramp, providing convenient water access. Whether you're looking to expand or open a business or invest in a high-exposure location located on the water, this property offers incredible potential.
Discover a prime investment opportunity with this unique commercial property located on 1.67 acres along the scenic Overseas Highway of the Florida Keys. This site features an impressive 470' of highway frontage and sits on a 40' wide canal, providing excellent boating access and approximately 17 boat slips along the seawall. Transferable quota Liquor License was recently appraised at $800,000. This license would allow for an onsite Liquor Store as well. There are 25 Transient Licenses Transient Licenses were recently appraised at $200,000 each for a total of $5,000,000.Currently this business is operating as the Looe Key Reef Resort, this multifaceted, profitable business includes a dive shop, motel, swimming pool, snorkel and dive charter business offering dive instruction and trips to the Looe Key sanctuary, a large tiki bar, kitchen and restaurant, and onsite food truck. Development Potential: The existing motel presents an excellent opportunity for conversion into affordable/workforce housing, allowing for the strategic relocation of the 25 transferable transient licenses within unincorporated Monroe County. This flexibility opens doors for various development scenarios, catering to diverse market needs. Offers a strategic advantage with the ability to transfer transient licenses to another location within 14 miles noting that the receiving site may not be required to adhere to affordable housing requirements, enhancing the potential for development or redevelop the current property. With its prime location, extensive licenses, and existing business operations, this property stands out as a lucrative investment opportunity in the heart of Florida's beautiful Keys. Don't miss your chance to capitalize on this rare offering.Buyer to verify all information.
Located on Cudjoe Key, only 20 miles from Key West. Transient use property, over 3.5 acres, 15 units (15 ROGO exemptions) over 300 feet of water frontage, boat basin, 3 concrete docks, one wooden dock, boat ramp. Excellent rental history, shared coin laundry, 2 swimming pools. 2 parcels on US 1 are zoned Sub Urban Commercial, 3 private driveways. Property spans from US 1 to the Atlantic Ocean. Owner is licensed Realtor. Please do not walk on the property without an appointment. Seller is licensed Realtor
Location, Location Location: Prime waterfront commercial property in the Florida Keys with long standing Boat Rental Business. This exceptional waterfront property includes 4 60'x100' lots for a total of 24,000sqft and boasts an impressive 240 feet of concrete seawall. Electric and water already on site. With excellent boat access to the Atlantic and Gulf, you're perfectly positioned to cater to water enthusiasts. Close proximity to the famous Looe Key reef, Content Key, Marvin Key, as well as some of the best fishing in the Keys, provides a wide variety of attractions to boaters looking for adventure. The property itself is conveniently situated directly on US 1. This high visibility location gives the perfect opportunity to expand the already thriving business with 18 yrs of history matched with an impressive 30% plus repeat customer base year after year. Zoned commercial, buyer please conduct proper due diligence with County for uses. Don't let this rare opportunity slip through your fingers. Your dream of owning a piece of Florida Keys paradise is just a phone call away. *Business is in full operation, please do not disturb.
North Niles at Ramrod Key: Premier Real Estate Development Opportunity in the Florida KeysLocated in the Florida Keys on Overseas Highway, Ramrod Key was named after a ship named Ramrod, which was wrecked on a reef south of the island in the early nineteenth century. Positioned at mile marker 26, North Niles at Ramrod Key is just 24 miles from Key West Airport.This prime property features over 1.5 miles of water frontage and is the largest single connected piece of land available in the Keys at 186 acres. It boasts the tallest bridge clearance from Key West to Marathon at 38 feet and the deepest boat basin at over 20 feet. With direct access to the Atlantic Ocean and Niles Channel, and over one mile of water frontage, this site is ideal for marine activities. Additionally, it offers almost half a mile of frontage on Overseas Highway, enhancing its visibility and accessibility.Zoning & Entitlements-Comprehensive zoning and entitlement due diligence has been completed for North Niles at Ramrod Key. The county has provided a Letter of Understanding (LOU) that outlines a path for developing 93,000 square feet of floor area and up to 9 homes, with the first Rate of Growth Ordinance (ROGO) already approved.The lots include a mix of habitats and zoning types, all of which have been documented and surveyed. Environmental studies and surveys are complete, confirming the land's suitability for development. Although the property includes more dwelling units than can be built due to clearing limitations, there is sufficient usable land. With dedication, additional ROGO points can be gained, expediting further development awards. Potential tax benefits from dedication or conservation easements add to the financial appeal of this investment.North Niles at Ramrod Key is the largest available developable tract in the Florida Keys, presenting a unique and exceptional opportunity for development in this sought-after region.
Build your business off the OverSeas Hwy in Lower Keys! Commerical building on two lots offered for sale on Cudjoe Key. Suburban Commerical Zoning allows multitude of uses (see attached doc). Single building on two lots with 200 ft facing US Hwy 1. High traffic area with multiple established businesses near-by. Concrete block building (1,800 sq ft) currently configured as one unit. Could be partitioned into multiple, smaller units. Front faces US 1 with partially covered concrete walkway & ramp, three display widows (9.5 X 5 Ft) plus two doors. Roof replaced in 2018 with a membrane. This listing is for two adjoining lots (Parcel ID # 00178140-000000 and Parcel ID #00178130-000000). The building is partially on BOTH lots (Monroe Co property appraiser's website states one lot is vacant-this is incorrect). Building has not flooded due to being elevated and front portion of lot is built up. Accessible directly from US 1 via paved driveway (across bike path) with asphalt parking area at front of building. Both parcels border Pieces of Eight Rd at rear. Most recently housed a veterinary clinic. Note: is not hooked up to municipal sewer system and does not have functioning air conditioning. Power is active to building & one non-residential water meter is in place (according to FKAA). Currently no business operating at property & no tenants.
COMMERCIAL CANAL FRONT VACANT LOT with 60 ft of Frontage on US 1 great opportunity for business great exposure, fenced lot with 60 ft dock ZONED SC, Bring your business to Paradise
Professional Friendly Business Environment, located in this 3-story, concrete elevated building on US Hwy 1 in Cudjoe Key, Mile marker 21.4, ocean side. Elevator-served office building was constructed in 2007. Ample parking. Water, electric & sales tax is in addition to monthly rent quoted. Minimum one-year lease agreement with F/L/S moves you in. Office #2 approximately ~862 sf with a private restroom.
Professional Friendly Business Environment, located in this 3-story, concrete elevated building on US Hwy 1 in Cudjoe Key, Mile marker 21.4, ocean side. Elevator-served office building was constructed in 2007. Ample parking. Water, electric & sales tax is in addition to monthly rent quoted. Minimum one-year lease agreement with F/L/S moves you in. 750 Sq.ft. garage space available on ground level.
Commercial or Mixed Use Development, 8 contiguous parcels with a total of 1.56 Acres with 240 feet of US1 frontage. One parcel includes a 745sf retail/service structure. Zoned SC which allows for 18 affordable units per acre, verify with the County for specifics.
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Florida Keys Board of Realtors® Florida Keys MLS, Inc. Real Estate listings held by brokerage firms other than the owner of this site are marked with the MLS logo and detailed information about them includes the name of the listing broker's office. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate.
The median home value in Summerland Key, FL is $856,000. This is lower than the county median home value of $901,500. The national median home value is $338,100. The average price of homes sold in Summerland Key, FL is $856,000. Approximately 47.2% of Summerland Key homes are owned, compared to 13.16% rented, while 39.64% are vacant. Summerland Key real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Summerland Key real estate agent to arrange a tour today!
Summerland Key, Florida 33042 has a population of 6,609. Summerland Key 33042 is less family-centric than the surrounding county with 17.31% of the households containing married families with children. The county average for households married with children is 20.65%.
The median household income in Summerland Key, Florida 33042 is $95,365. The median household income for the surrounding county is $73,153 compared to the national median of $69,021. The median age of people living in Summerland Key 33042 is 50.4 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 63.4 degrees. The average rainfall is approximately 44.4 inches per year, with 0 inches of snow per year.