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    101437 Overseas Hwy Key Largo, FL 33037
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    101437 Overseas Hwy Key Largo, FL 33037

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    • Retail properties & Spaces
    • 200,988 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • City National Bank - Presto ATM / Bank / Loan Service
    • Western Union / Bank / Credit Union
    • Merrill Lynch / Bank / Loan Service
    • Presto! ATM at Publix Super Market / Atm
    • MyAI.business / Business To Business Service

    Property Details for 101437 Overseas Hwy

    Year built
    1988
    Property size
    200,988 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional two-story retail center, Tradewinds Shopping Center, boasts 200,988 square feet of leasable space, strategically located at 101437 Overseas Hwy, Key Largo, FL 33037. Built in 1988, the property offers 27 individual suites, providing ample opportunity for a diverse range of tenants. With 648 parking spaces, customer convenience is ensured. The center's location in Monroe County, Florida, places it within a thriving community, ideal for businesses seeking high visibility and accessibility. The property is well-suited for a variety of retail uses, including restaurants, furniture stores, fitness centers, optical and dental practices, urgent care facilities, dance studios, and real estate offices. This established shopping center presents a compelling investment opportunity in a desirable Florida market. The property's size and suite configuration offer flexibility for both established businesses and new ventures. The ample parking ensures a positive shopping experience for customers. This is a rare opportunity to acquire a well-established retail center in a high-traffic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Key Largo
    County
    Monroe
    State
    Florida
    Longitude
    -80.4209
    Latitude
    25.113

    Comparable in this City

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      330 SF

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      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 330 SF
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    • Value Estimation by Request
      1,328 SF

      101631 Overseas Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,328 SF
      101631 Overseas Hwy, Key Largo, FL 33037-4585
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    • Value Estimation by Request
      1,248 SF

      100850 Overseas Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,248 SF
      100850 Overseas Hwy, Key Largo, FL 33037-2580
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    • Value Estimation by Request
      621 SF

      95210 Overseas Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 621 SF
      95210 Overseas Hwy, Key Largo, FL 33037-2042
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    • Value Estimation by Request
      3,540 SF

      84 Park Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,540 SF
      84 Park Dr, Key Largo, FL 33037-2554
      View Details
    • Value Estimation by Request
      160,651 SF

      Us Hwy. 1 & Samson Rd

      Restaurants • 160,651 SF
      0 Us Hwy. 1 & Samson Rd, Key Largo, FL 33037
      View Details

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      5,457 SF

      Key Largo Commercial Space Available

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      Key Largo Commercial Investment Opportunity

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    • $769,000

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      Key Largo Retail Opportunity

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      Retail Space in Key Largo

      Retail space suitable for restaurants and various businesses.
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    • $12,000 /Mo
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      Key Largo Commercial Highway Frontage

      Highly visible Key Largo commercial property with highway frontage.
      106309 Overseas Hwy, Key Largo, FL 33037
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    • $9,900 /Mo
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      Key Largo Office Building Opportunity

      Modern, fully equipped office building in a high-visibility Key Largo location.
      100150 Overseas Hwy, Key Largo, FL 33037
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      4,000 SF

      Retail and Office Space Available

      Retail and office spaces for lease in Key Largo.
      103400 Overseas Hwy, Key Largo, FL 33037
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      2,231 SF

      Retail Space in Key Largo

      Retail space available in a conveniently located shopping center.
      101401-101499 Overseas Hwy, Key Largo, FL 33037
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    Key Largo, FL 33037
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    Realmo Value Estimations

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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