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    22732 Overseas Hwy Summerland Key, FL 33042

    For Sale
    $2,000,000

    Office Buildings,Other Services,Retail,Professional Service,Other Comrcl Style,Restaurant

    Days on Market:
    374
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 22732 Overseas Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SC - Sub Urban Commercial District
    APN
    00187080-000000
    Appliances
    None

    Building Details

    Year built
    1974
    Building materials
    Other
    Architectural style
    Other

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty (305) 294-5155 [email protected]

    Listing agent Team Gardner/Langley (305) 294-5155 License #BK612006

    Listing date Nov 27, 2024

    MLS# 583921 Listing URL

    Copyright © 2025 Key West 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

    Cudjoe Key Commercial Land Parcel

    This property features 1.56 acres of commercial land, consisting of 8 contiguous parcels with 240 feet of frontage on US1. The zoning is SC - Sub Urban Commercial District. One parcel includes a 745 square foot retail/service structure. The zoning allows for 18 affordable units per acre; verification with the County is recommended for specifics. The property is suitable for commercial or mixed-use development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Summerland Key
    County
    Monroe
    State
    Florida
    Longitude
    -81.478659
    Latitude
    24.662868

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    FAQs

    What type of property is this?
    Retail space - 1.56 acre commercial land with US1 frontage in Cudjoe Key.
    Where is this retail space located?
    The property is located at 22732 Overseas Hwy Summerland Key, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - 1.56 Acres of Land with **240 feet of US1 Frontage**; - Zoned SC, Potentially Allowing for 18 Affordable Units Per Acre (Verify with County); - Commercial or Mixed-Use Development Opportunity
    (305) 294-5155
    Request Owner's contact information
    22732 Overseas Hwy Summerland Key, FL 33042
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    Summerland Key, FL 33042
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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
    22732 Overseas Hwy Summerland Key, FL 33042
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