Office Space
For Sale
Contact for pricing
103301 Overseas Hwy, Key Largo, FL 33037
Office space for rent in Key Largo, Florida.
Property Size658 SF
Days on Market190
Property Features for 103301 Overseas Hwy
General Information
Standard status
Active
Size
658 SF
Property subtype
Commercial
Building Details
Building Size
658 SF
Year Built
1984
Listing Agency:
LUXE Properties LLC
Listed By:
Arianna Del Castillo Diaz · License #3587437
(786) 843-0010
Source:
Elliman
Added: Apr 24
Changed: Oct 26
Last Checked: Oct 28 at 10:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LUXE Properties LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is an office space available for rent. The location has a bike score of 69, indicating it is bikeable, and a walk score of 36, suggesting car dependence.
Key Highlights
- Office for rent
- Bike Score of 69 (Bikeable)
- Year Built: 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,407
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,140
$248.1K
Cap Rate 7%
$177,243
$177.2K
Cap Rate 9%
$137,856
$137.9K
Market Conditions
NOI Build-Up for 658 SF
Gross rent
$19.7K $30.00/SF
− Vacancy
−$3.2K −$4.86/SF
EGI
$16.5K $25.14/SF
− OpEx
−$4.1K −$6.29/SF
NOI
$12.4K $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%
$248,140
Cap Rate 7%
$177,243
Cap Rate 9%
$137,856
Alternative Uses
Best Use
Office B
$177.2K
$155.1K – $206.8K
NOI $12,407 @ 7.0% cap · market cap 992.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$264.7K
$231.6K – $308.8K
NOI $18,527 @ 7.0% cap · market cap 1,482.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
333
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
Frequently Asked Questions
What type of property is this?
Office unit - Office space for rent in Key Largo, Florida.
Where is this office unit located?
The property is located at 103301 Overseas Hwy Key Largo, FL.
What are key features of this property?
This property features: Office for rent; Bike Score of 69 (Bikeable); Year Built: 1984
