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    Property profile & analytics

    2 Overseas Hwy Summerland Key, FL 33042

    • Warehouses
    For Sale
    View listing
    $275,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2 Overseas Hwy

    Property type
    Warehouses
    Property subtype
    Land

    Description

    This exceptional vacant commercial lot, located at Lot 2 Overseas Hwy in Cudjoe Key, Florida (zip code 33042), presents a unique investment opportunity. Priced at $275,000, this industrial land parcel offers significant potential for business development in the Lower Keys. The property boasts approximately 100 feet of frontage on the highly trafficked Overseas Highway, ensuring excellent visibility and accessibility. Partially cleared, the lot is conveniently situated near popular local establishments, including the Square Grouper Bar & Grill, further enhancing its commercial viability. Easy access from La Fitte Drive adds to its appeal. The lot's size is not specified, but the provided marketing materials indicate it is suitable for commercial development. Potential land use information is available upon request

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Summerland Key
    County
    Monroe
    State
    Florida
    Longitude
    -81.4397
    Latitude
    24.6615

    Comparable in this City

    • Value Estimation by Request
      1,665 SF

      22484 Overseas Hwy

      DISTRIBUTION WAREHOUSE • 1,665 SF
      22484 Overseas Hwy, Cudjoe Key, FL 33042-4261
      View Details
    • Value Estimation by Request
      2,240 SF

      26577 Overseas Hwy

      DISTRIBUTION WAREHOUSE • 2,240 SF
      26577 Overseas Hwy, Summerland Key, FL 33042
      View Details
    • Value Estimation
      $275,000
      2,475 SF

      24642 Overseas Hwy

      DISTRIBUTION WAREHOUSE • 2,475 SF
      24642 Overseas Hwy, Summerland Key, FL 33042
      View Details
    • Value Estimation
      $295,000
      4,308 SF

      22825 Cudjoe Dr

      DISTRIBUTION WAREHOUSE • 4,308 SF
      22825 Cudjoe Dr, Summerland Key, FL 33042-4215
      View Details
    • Value Estimation
      $370,000
      0.16 Acres

      22958 Cudjoe Dr

      STORAGE YARD, OPEN STORAGE • 0.16 Acres
      22958 Cudjoe Dr, Cudjoe Key, FL 33042-4217
      View Details
    • Value Estimation
      $450,000
      0.19 Acres

      22776 Overseas Hwy

      STORAGE YARD, OPEN STORAGE • 0.19 Acres
      22776 Overseas Hwy, Cudjoe Key, FL 33042
      View Details

    Similar Nearby for Sale

    • $275,000

      Cudjoe Key Commercial Lot

      Prime Overseas Hwy Location, Build Your Business
      2 Overseas Hwy, Summerland Key, FL 33042
      View Details
    • $14,990,000
      8,102,160 SF

      Ramrod Key Marina Development

      Florida Keys Marina: 186 Acres, Redevelopment
      26450 Overseas Hwy, Ramrod Key, FL 33042
      View Details
    • $999,000

      Waterfront Land with Approved Plans

      Oversized corner lot with approved plans and water frontage.
      21082 6Th Ave, Cudjoe Key, FL 33042
      View Details
    • $775,000

      Vacant Land on Canal

      Vacant land with permits for a four-bedroom house and dock.
      28597 Peg Leg Rd, Little Torch Key, FL 33042
      View Details
    • New
      $400,000

      Pristine Land in Cudjoe Key

      Two acres of untouched land with native wildlife and plants.
      21865 Spain Blvd, Cudjoe Key, FL 33042
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    • $299,000

      Ramrod Key Vacant Land

      Vacant lot with seawall and boat ramp, minutes to open water.
      27398 Jamaica Ln, Ramrod Key, FL 33042
      View Details
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    2 Overseas Hwy
    Summerland Key, FL 33042
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    Realmo Value Estimation

    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.

    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.

    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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