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Highway-Frontage Restaurant Site
New
For Lease
$73 SF/Yr

105045 Overseas Hwy, Key Largo, FL 33037

Commercial Lease, FL

Space SizeContact for details
Lot Size0.29 Acres
Days on Market2

Property Features for 105045 Overseas Hwy

General Information

Property type Commercial Lease
Property subtype Other
Zoning description SR
Subdivision 98 Florida Keys
Standard status Active
APN 00510020-000000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description BK 1 LOTS 2, 3, 4, 5, 6 AND 7 REVISED AMENDED PLAT OF RIVIERA VILLAGE PB2-80 KEY LARGO G57-181 OR481-240 OR538-1089 OR539-170 OR643-422 OR65
Tax Annual Amount 6469
Legal Description BK 1 LOTS 2, 3, 4, 5, 6 AND 7 REVISED AMENDED PLAT OF RIVIERA VILLAGE PB2-80 KEY LARGO G57-181 OR481-240 OR538-1089 OR539-170 OR643-422 OR65

Building Details

Year built 1949
Architectural style Other
Listing Agency: Real Estate Sales Force
Listed By: Harry Andrade · License #3223588
Added: Sep 11 Last Checked: Sep 12 at 7:06PM
MLS# A12087365

Copyright © 2026 Miami 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 restaurant property offers a ground lease opportunity on a 0.2893-acre site along Overseas Highway in Key Largo. The existing commercial improvement dates to 1949 and currently operates as Zaika Indian Cuisine, providing an established restaurant setting for a new operator or replacement concept.

The property is positioned on a principal roadway serving the Florida Keys, with frontage suited to restaurant, retail, convenience, and other commercial uses identified for the site. Potential redevelopment or a new branded concept may be considered, subject to applicable approvals. The offering is structured for qualified ground lease partners and established operators seeking a presence in the Key Largo market.

Key Highlights

  • 0.2893‑acre restaurant site along Overseas Highway
  • Existing operating restaurant property currently occupied by Zaika Indian Cuisine
  • Ground lease opportunity for restaurant, retail, convenience, or related commercial uses

Property Analytics

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Current Use

Zaika key Largo ... Restaurant

Suggested Use

Top Pick HVAC Service Building Supply Restaurant Law Firm Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$10.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby
20k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 100%
Winn-Dixie Groceries
19,903 visits/mo 0.3 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Ground lease opportunity for an established restaurant property with redevelopment flexibility subject to applicable approvals.
Where is this conventional restaurant located?
The property is located at 105045 Overseas Hwy Key Largo, FL.
What is the lease rate?
The lease rate is $73 SF/Yr.
What are key features of this property?
This property features: 0.2893‑acre restaurant site along Overseas Highway; Existing operating restaurant property currently occupied by Zaika Indian Cuisine; Ground lease opportunity for restaurant, retail, convenience, or related commercial uses
More about this property
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