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    92295 Old State Rd Key Largo, FL 33070

    For Sale
    $2,995,000

    Other Comrcl Style,Other Services - Key Largo, FL

    Days on Market:
    26
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 92295 Old State Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU - Mixed Use Commercial Mixed Use
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    6
    APN
    00482650-000000
    Appliances
    None

    Building Details

    Year built
    1994
    Floors in Building
    1
    Flooring type
    Laminate
    Roof type
    Metal
    Architectural style
    Other

    Berkshire Hathaway HomeServices Freewheeler Realty (305) 664-4444 [email protected]

    Listing agent Claudette Mell (305) 664-4444 License #3015412

    Listing date Nov 18, 2025

    MLS# 608671 Listing URL

    Copyright © 2025 Florida Keys Board 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

    Mixed-Use Commercial Building For Sale

    This mixed-use commercial building is located in Tavernier and offers visibility from US 1. The concrete structure features approximately 6214 square feet of commercial space situated on a fenced lot with approximately 37,477 square feet of land. The property has 313 feet of highway frontage and is located on the northbound side of US 1, with a cross street to southbound US 1. The building comprises six separate units or suites connected by walkways. Each unit or suite includes half bathrooms, and the building also has two restrooms accessible via exterior walkways. The property's zoning is MU - Mixed Use Commercial Mixed Use. Commercial opportunities include retail space, office space, school, gym, medical, and storage. Seller financing is available with $500,000 down. Seller to carry remaining balance at 6% interest with a 20 year amortization schedule and a 5-year balloon. A land survey is on file.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Skin Care Clinic Wholesale 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
    -80.512201
    Latitude
    25.01341

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use commercial building with US 1 visibility in Tavernier.
    Where is this mixed-use property located?
    The property is located at 92295 Old State Rd Key Largo, FL.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Seller financing available with attractive terms (6% interest, 20-year amortization, 5-year balloon) and $500,000 down.; - High visibility US 1 frontage (313 ft) in Tavernier.; - Large lot (37,477 sq. ft.) with a 6,214 sq. ft. concrete commercial building.
    (305) 664-4444
    Request Owner's contact information
    92295 Old State Rd Key Largo, FL 33070
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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

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    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
    92295 Old State Rd Key Largo, FL 33070
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