Leased Restaurant and Office
New
For Sale
$1,700,000
24171 Overseas Highway, Summerland Key, FL 33042
Existing restaurant and office improvements operate under SC - Sub Urban Commercial District zoning with leases in place.
Property Size1,998 SF
Days on Market4
Property Features for 24171 Overseas Highway
General Information
Standard status
Active
Size
1,998 SF
Zoning
SC - Sub Urban Commercial District
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
No
Restaurant
Commercial Hood
No
Grease Trap
No
Equipment Included
No
Additional Details
Sprinkler System
No
Taxes and HOA fees
Annual Taxes
$6,093
Building Details
Building Size
1,998 SF
Year Built
2006
Listing Agency:
EXIT Realty Paradise
(305) 393-2116
Listed By:
Chuck Mack
(305) 393-2116
Source:
Laerrealty
Added: Aug 8
Changed: Aug 10
Last Checked: Aug 11 at 4:44AM
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 EXIT Realty Paradise
Investment Insights
Based on property information with market context.
This commercial property includes a restaurant and office improvements across two contiguous parcels. The improvements were built in 2006, and existing leases provide an established income component. The property is zoned SC - Sub Urban Commercial District.
Fronting Overseas Highway at 24171 Overseas Highway in Summerland Key, the site occupies a position along the primary roadway connecting Key West with the Middle Keys. The property is also authorized under Florida’s Live Local Act, with stated allowances for increased density, floor area ratio, and building height for mixed-use or affordable/workforce residential development.
The property combines an operating restaurant and office component with land held for potential future development or expansion, subject to design, architectural, and permitting requirements.
Fronting Overseas Highway at 24171 Overseas Highway in Summerland Key, the site occupies a position along the primary roadway connecting Key West with the Middle Keys. The property is also authorized under Florida’s Live Local Act, with stated allowances for increased density, floor area ratio, and building height for mixed-use or affordable/workforce residential development.
The property combines an operating restaurant and office component with land held for potential future development or expansion, subject to design, architectural, and permitting requirements.
Key Highlights
- Two contiguous parcels at 24171 Overseas Highway, Summerland Key, FL 33042
- Restaurant and office improvements built in 2006
- Existing leases in place across the restaurant and office components
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33042, FL
6,841
Population
4,835
Households
1.4
Avg Household Size
54
Median Age
45%
College-Educated
98%
High-School Grad
27.6 sq mi
ZIP Area
248
Density / Sq Mi
$101,625
Median Household Income
$49,747
Median Earnings
$2,252
Median Rent
$759,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant and office improvements operate under SC - Sub Urban Commercial District zoning with leases in place.
Where is this conventional restaurant located?
The property is located at 24171 Overseas Highway Summerland Key, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two contiguous parcels at 24171 Overseas Highway, Summerland Key, FL 33042; Restaurant and office improvements built in 2006; Existing leases in place across the restaurant and office components
