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    102970 Overseas Hwy Key Largo, FL 33037

    For Sale
    $2,990,000

    Retail, Detached - Key Largo, FL

    Type:Retail
    Lot size:
    0.46 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 102970 Overseas Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    SC
    APN
    00549410-000000
    Parking features
    Guest
    Lot size
    0.46 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Water source
    Public

    Building Details

    Year built
    1991
    Flooring type
    Hardwood, Tile, Wood
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    Florida Realty of Miami (305) 598-5488 [email protected]

    Listing agent Santiago Sablon (305) 598-5488 License #3497373

    Listing date Nov 3, 2025

    MLS# A11905372 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Key Largo Retail Investment Opportunity

    This exceptional investment opportunity in the Florida Keys features a 2,400 square foot self-standing building situated on almost a quarter of an acre. Currently operating as an upscale bait and tackle shop, the property is prominently located in the heart of Key Largo on MM 102.9. The prime corner location, with frontage on Overseas Highway and George Street, provides high visibility and easy access from both directions. The business is offered with its running inventory, equipment, and fixtures for a smooth transition. An adjacent vacant lot of almost a quarter acre is also included. Zoned SC, the property is highly versatile and suitable for retail, restaurant, or professional office use. The adjacent lot is zoned residential, offering potential for future development. Located in Key Largo, Florida, this property presents endless possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Capt'n Pete's Pro ... Bait Shop La Guajira Cafeteria Cuban Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key Largo
    County
    Monroe
    State
    Florida
    Longitude
    -80.4086534
    Latitude
    25.1312847

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    FAQs

    What type of property is this?
    Retail space - 2,400 SF building with adjacent lot in Key Largo.
    Where is this retail space located?
    The property is located at 102970 Overseas Hwy Key Largo, FL.
    What is the asking price?
    The asking price for this property is $2,990,000.
    What are key features of this property?
    This property features: - Prime corner location on Overseas Highway (MM 102.9) in Key Largo with high visibility and easy access.; - 2,400 SF self-standing building on almost 1/4 acre, currently operating as an upscale Bait & Tackle Shop.; - Business offered with running inventory, equipment, and fixtures for a smooth transition.
    (305) 598-5488
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    102970 Overseas Hwy Key Largo, FL 33037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102970 Overseas Hwy Key Largo, FL 33037
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