Concrete Mixed-Use
For Sale
$1,790,000
100636 Overseas Highway, Key Largo, FL 33037
Commercial Sale, Key Largo, FL
Property Size4,910 SF
Lot Size0.18 Acres
Price / SF$364.56
Days on Market292
Property Features for 100636 Overseas Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
SC - Sub Urban Commercial
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Appliances
Refrigerator, Range, Washer, Dryer, Dishwasher
Subdivision
Key Largo Park (101.0)
View
Water
Standard status
Active
APN
00524280-000000
Size
4,910 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BK 6 LT 9 AMD PLAT OF KEY LARGO PARK KEY LARGO & PT HWY OR552-586 OR552-584 OR552-580 OR641-316 OR808-1614/15 OR914-1056
Tax Annual Amount
7419
Legal Description
BK 6 LT 9 AMD PLAT OF KEY LARGO PARK KEY LARGO & PT HWY OR552-586 OR552-584 OR552-580 OR641-316 OR808-1614/15 OR914-1056
Utilities
Cooling system
Central Air, Wall/Window Unit(s), Window Unit(s)
Amenities
rooftop area
patio
private yard space
Building Details
Year built
1974
Floors in Building
2
Building materials
CBS
Roof type
Concrete
Listing Agency:
LoKation Real Estate - Key Largo
(954) 545-5583
Listed By:
Maris Delgado · License #3633235
(786) 309-6389
Added: Dec 18, 2025
Changed: Sep 17
Last Checked: Oct 6 at 4:06PM
MLS# 617749
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 4,910-square-foot mixed-use property combines a ground-floor commercial area with office and storage space and an upper-level residential apartment. The apartment includes 3 bedrooms and 3 bathrooms and has been fully renovated. Additional improvements include a rooftop area, patio, and private yard. Built in 1974 with CBS construction and a concrete roof, the building also features impact windows and shutters, central air, and window or wall units. Appliances include a refrigerator, range, washer, dryer, and dishwasher.
Positioned directly on US-1 in Key Largo, the property offers exposure to local and tourist traffic. The site contains 0.18 acres, with 5 on-site parking spaces and 5 additional rented spaces. Zoning is SC - Sub Urban Commercial. An existing long-term business operates in the first-floor commercial area.
Positioned directly on US-1 in Key Largo, the property offers exposure to local and tourist traffic. The site contains 0.18 acres, with 5 on-site parking spaces and 5 additional rented spaces. Zoning is SC - Sub Urban Commercial. An existing long-term business operates in the first-floor commercial area.
Key Highlights
- 4,910‑square‑foot mixed‑use building on 0.18 acres
- Ground‑floor commercial area with office and storage space
- Fully renovated upstairs 3BD/3BA apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,578
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,560
$1.9M
Cap Rate 7%
$1,322,543
$1.3M
Cap Rate 9%
$1,028,644
$1.0M
Market Conditions
NOI Build-Up for 4,910 SF
Gross rent
$147.3K $30.00/SF
− Vacancy
−$23.9K −$4.86/SF
EGI
$123.4K $25.14/SF
− OpEx
−$30.9K −$6.29/SF
NOI
$92.6K $18.86/SF
Area
Monroe County, FL
Vacancy
16.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,560
Cap Rate 7%
$1,322,543
Cap Rate 9%
$1,028,644
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,578 @ 7.0% cap · market cap 5.17%
Second Best
Mixed Use
$968.0K
$847.0K – $1.13M
NOI $67,758 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,250 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 33037, FL
13,875
Population
10,494
Households
1.3
Avg Household Size
53
Median Age
41%
College-Educated
95%
High-School Grad
32.9 sq mi
ZIP Area
422
Density / Sq Mi
$80,911
Median Household Income
$40,641
Median Earnings
$1,896
Median Rent
$660,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with a renovated three-bedroom, three-bath apartment and rooftop, patio, and yard areas.
Where is this mixed-use property located?
The property is located at 100636 Overseas Highway Key Largo, FL.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 4,910‑square‑foot mixed‑use building on 0.18 acres; Ground‑floor commercial area with office and storage space; Fully renovated upstairs 3BD/3BA apartment
