Key Largo, FL Commercial Real Estate for Sale

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Tavernier, FL Plantation Key, FL Islamorada, FL Homestead, FL Florida City, FL

40 properties

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Updated: Apr 13

Prime US-1 Mixed-Use Opportunity

92295 Old State Road, Key Largo, FL 33070

$2,895,000

6,241 sqft 0.86 AC lot

Prime US‑1 highway frontage (313 feet) in Tavernier with high visibility and traffic.
Mixed‑use commercial building with approximately 6,214 sq. ft. of space.
Six separate units/suites, providing flexibility for multiple tenants or diverse business operations.
Located on the northbound side of US‑1 with convenient access to the southbound lane.
Suitable for various uses: retail, office, medical, educational, fitness, or storage.

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92295 Old State Road, Key Largo, FL 33070

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Est. Cap Rate

4.1%
NOI ÷ price
Est. NOI

$118K
Annual
Price @ 7% Cap

$1.68M
Suggested
Property Type

Parochial School, Private School
Built 1994

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Updated: Jul 17

Flex Space Corner Parcel with Fencing

104980 Overseas Highway, Key Largo, FL 33037

$1,200,000

1,024 sqft 0.37 AC lot

Oversized corner parcel on US 1 and N Marlin Ave in Key Largo with 125 ft of direct US 1 frontage plus alleyway behind
Ground‑level CBS construction with open layout, high ceilings, concrete flooring, and access from both front and back
Central air conditioning plus half bath in the building
Completely fenced property with three highway lots at the corner location
Zoned mixed use, with property listed in an "X" flood zone

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Key Largo Mixed-Use Property

100636 Overseas Highway, Key Largo, FL 33037

$1,790,000

4,910 sqft 0.18 AC lot

High-visibility mixed-use property with commercial storefront and residential apartment.

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High-Frontage Mixed-Use Building with Suites

92295 Old State Road, #4A, Key Largo, FL 33070

$2,895,000

6,214 sqft 0.86 AC lot

Concrete mixed-use building with six exterior-access suites and extensive US-1 frontage for flexible retail, office, and medical use.

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Key Largo Commercial Investment Opportunity

102970 Overseas Highway, Key Largo, FL 33037

$2,965,000

2,400 sqft 0.46 AC lot

2,400 SF building with adjacent lot in Key Largo.

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Key Largo Commercial Property For Sale

98468 Overseas Highway, Key Largo, FL 33037

$2,850,000

1,075 sqft 1.15 AC lot

Commercial property with marina license and highway frontage in Key Largo.

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Waterfront Bar and Restaurant

58000 Card Sound Road, Key Largo, FL 33037

$4,900,000

7,026 sqft 0.96 AC lot

For sale waterfront bar and restaurant offering 360+ linear feet of boat docks and onsite living space.

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Waterfront Marina and Commercial Dockage

522 Caribbean Drive, Key Largo, FL 33037

$5,400,000

5,508 sqft 1.42 AC lot

Deep-water dockage with direct ocean access and a commercially zoned concrete building on a sizable waterfront site.

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Waterfront Bar and Restaurant

58000 Card Sound Road, Key Largo, FL 33037

$4,900,000

7,026 sqft 0.96 AC lot

For sale waterfront bar and restaurant property with finished building space, canopy area, and boat dock access.

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Waterfront Assisted Living & Rehab Facility

97340-60 Overseas Highway, Key Largo, FL 33037

$13,499,000

20,084 sqft 1.77 AC lot

Waterfront facility with 20 guest rooms, private beach access, and onsite parking with built-in accessibility.

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Key Largo Auto/Marine Repair Facility

98250 Overseas Hwy, Key Largo, FL 33037

$4,000,000

4,000 sqft 1.00 AC lot

Turnkey auto and marine repair facility on Overseas Highway.

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Key Largo Inn Investment Opportunity

99202 Overseas Highway, Key Largo, FL 33037

$14,550,000

23,092 sqft 1.14 AC lot

Turnkey inn with development potential in Key Largo, Florida.

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Key Largo Commercial Property For Sale

91760 Overseas Highway, Key Largo, FL 33070

$1,469,000

2,562 sqft 0.16 AC lot

Prime commercial property with US-1 frontage in the heart of Tavernier.

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Commercial Building Lot with Approved Site Plan

101201 Overseas Highway, Key Largo, FL 33037

$1,295,000

2,500 sqft

Approved site plan for a 2,500 sq. ft. commercial building, zoned Suburban Commercial with FLUM Mixed Use/Commercial.

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Corner Retail Building with Adjacent Lot

102970 Overseas Hwy, Key Largo, FL 33037

$2,965,000

0.46 AC lot

Self-standing retail building on Overseas Hwy with a corner setup and an adjacent residentially zoned vacant lot.

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Pull-Through RV Campground Lot

101551 Overseas Highway, Key Largo, FL 33037

$285,000

0.04 AC lot

Long pull-through RV lot with full hookups and rental program enrollment for immediate personal use or income.

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Key Largo Inn Investment Opportunity

99202 Overseas Hwy, Key Largo, FL 33037

$14,550,000

23,092 sqft 1.14 AC lot

Turnkey inn with full liquor license and development potential.

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Highway Commercial Lot with Road Frontage

104.5 Mm 104 5 Overseas Highway, Key Largo, FL 33037

$399,000

0.14 AC lot

Cleared commercial lot with highway visibility and frontage, positioned for immediate buildout under Highway Commercial zoning.

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Iconic Waterfront Restaurant and Bar

58000 Card Sound Rd, Key Largo, FL 33037

$4,900,000

7,026 sqft 0.95 AC lot

Legendary waterfront bar and restaurant in Key Largo, Florida.

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Campground-Ready RV and Trailer Lot

325 Calusa Street, Key Largo, FL 33037

$390,000

0.04 AC lot

A fully set-up, rentable campground lot with a well-maintained trailer and resort-style amenities in Calusa Campground.

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Campground RV Lot with Trailer

325 Calusa Street, #58, Key Largo, FL 33037

$390,000

1,750.00 AC lot

Turnkey campground lot with a trailer sleeping up to 10, plus covered outdoor space and on-site resort amenities.

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Key Largo Lot with RV

325 Calusa St #5, Key Largo, FL 33037

$319,000

0.03 AC lot

Lot with RV in Key Largo, short-term rentals allowed.

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Overseas Highway Marina Opportunity

98468 Overseas Hwy, Key Largo, FL 33037

$2,850,000

1.15 AC lot

Bayside storage yard with marina license and highway frontage.

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Key Largo Commercial Opportunity

106600 Overseas Highway, Key Largo, FL 33037

Contact for pricing

2,400 sqft 0.82 AC lot

Second floor commercial space available in Key Largo, Florida.

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Key Largo, FL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Key Largo, FL, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 126,320 square feet of properties for sale, with an estimated market value of $85,273,000.

Sale prices for business properties in Key Largo, FL start at $1,200,000, averaging $5,016,058, and reaching up to $14,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 14K

Population Growth (5Y) +24.8%

Median Household Income $80,911

College Educated 57.0%

High-Yield Neighborhoods for Investment

Identify Key Largo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Tavernier	$1.9M
Key Largo	$3.4M

Taxes & Financing

Tax Rate (average for all types) 0.67%

Property Tax per SF $10.54 per SF

Tax Rate vs County Average 0.08 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Retail

Residential Income

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