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Property profile & analytics
FOR SALE
Office buildings

102970 Overseas Hwy Key Largo, FL 33037

2,400 SF 0.47 ac lot Built 1991
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US18-8873301
Property summary
AI-generated overview

This exceptional Class A retail property, located at 102970 Overseas Highway in Key Largo, Florida (33037), offers 20,092 square feet on a 0.46-acre lot. Built in 1991 and renovated in 2012, the freestanding building boasts 2,400 square feet of professional space, plus an additional 975 square feet of storage/retail space, and a 3,186 square foot total including porch and covered patio. The property features a 10-15 foot clear ceiling height, handicap access, multiple restrooms, and security cameras. The building is 100% air-conditioned. Previously a thriving bait and tackle shop, the sale includes existing inventory, equipment, and live bait tanks (including a 660-gallon tank and three 310-gallon tanks), and coolers. High-end interior features include cherry display slatwall, gondolas, display cases, point-of-sale stations, and a rod repair station. The property's prime location directly on Overseas Highway at Mile Marker 102.9 provides unparalleled visibility and accessibility. This versatile space is ideal for various businesses, presenting endless entrepreneurial possibilities. The asking price is $3,000,000.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1991
Total area 2,400 SF
Lot 0.47 ac (20,278 SF)
APN 00549410-000000
UPID US18-8873301
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Capt'n Pete's Pro Shop (Bike/Boat/Book/etc) Store
  • La Guajira Cafeteria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$745k
Comparable Approach Comparable
$610k
Blend (final) Blend
$745k
Owner & transaction history
Fun Day Fishin LLC · 14 yrs held
Fun Day Fishin LLC
since 2012
4 recorded transactions
2012
$480,000
2010
$685,000
2004
$479,000
1991
$110,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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