103301 Overseas Hwy - Medical FOR SALE


Key Largo, FL 33037
$1,299,000 USD
305-783-7983
103301 Overseas Hwy, Key Largo, FL for Sale
$1,299,000 USD
Medical - FOR SALE
1/21
null | 7.93% Cap Rate

103301 Overseas Hwy
Key Largo, FL 33037


HIGHLIGHTS

  • Corner lot on US 1 with high visibility
  • X flood zone (no flood insurance required)
  • Mixed Use Zoning
  • Strong tenant base with great cash flow
  • 658 square feet of leasable space for future tenants
  • Ample parking

OVERVIEW

Showings by appointment only, please do not disturb the business. Prime Office Building on High-Visibility US1 Corner Lot - Income-Producing with Growth Potential. Seize this rare investment opportunity with a 2,278 sq. ft. office building with 1,620 covered storage located in a desirable X-flood zone (no flood zone) on a high-traffic US1 corner lot. Offering exceptional visibility and exposure, this property is ideal for investors or owner-operators seeking strong cash flow with room to grow. Situated on a 13,837 sq. ft. lot, the property features ample parking and has been rezoned to MU (Mixed Use), offering flexibility for future development and diverse tenant types. Currently occupied by established long-term tenants, this property provides consistent income with a 658 sq. ft. leasable space still available—perfect for additional revenue potential. The 1,620 sq. ft. ground floor has been thoughtfully enclosed with electric roll-down hurricane rated impact garage doors, offering versatile use as office, storage, or showroom space. Highlights: -Corner lot on US1 with high visibility -Located in X-flood zone—no flood insurance required -Mixed Use (MU) zoning for greater versatility -Strong existing tenant base with great cash flow -658 sq. ft. of leasable space available for future tenants -Ample on-site parking -Enclosed ground floor with electric roll-down doors -Perfect for investors, owner-operators, or business owners looking for location, flexibility, and income potential.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$543 USD /SF

CAP RATE

7.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

MU

APN/PARCEL ID

00472810-000000

ASK ABOUT THIS PROPERTY

Philip KravitzColdwell Banker Schmitt Real Estate Co.More Info
305-783-7983

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Philip KravitzColdwell Banker Schmitt Real Estate Co.More Info
305-783-7983

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.