21423 Overseas Hwy - Freestanding FOR SALE


Cudjoe Key, FL 33042
$1,549,999 USD
305-394-9020
21423 Overseas Hwy, Cudjoe Key, FL for Sale
$1,549,999 USD
Freestanding - FOR SALE
1/25
null | Request Cap Rate

21423 Overseas Hwy
Cudjoe Key, FL 33042


OVERVIEW

Prime commercial lot at the corner of US Hwy 1 and Blimp Road in Cudjoe Key, zoned SC and NEC, with 200 feet of highway frontage, 700 feet on Blimp Road, and a dedicated turn lane into the property. The site includes a 1,250 SF building and over three acres total, with nearly one acre of usable uplands and current rental income of $108,000 annually. Now partially available—approximately 100' x 100' open yard space with two driveways, RV hookups, storage units, water, sewer, and power, plus a new perimeter fence underway. Ideal for storage, mobile operations, or a destination restaurant with legal signage, ample parking, and crystal-clear waterfront with no neighbors—perfect for an outdoor bar or dining area. SC zoning allows for up to 18 affordable units per acre (verify with County). Owner may consider holding a mortgage for a qualified buyer. Please do not disturb tenant.

FOR SALE DETAILS

PRICE

$1,549,999 USD

PRICE/SF

$1,240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.1 AC

LAND SF

135,036 SF

ZONING

SC

APN/PARCEL ID

00175330-000000

ASK ABOUT THIS PROPERTY

Will LangleyBerkshire Hathaway Knight & Gardner RealtyMore Info
305-394-9020

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Will LangleyBerkshire Hathaway Knight & Gardner RealtyMore Info
305-394-9020

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