102970 Overseas Hwy Key Largo, FL 33037
For Sale
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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.
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Capt'n Pete's Pro Shop (Bike/Boat/Book/etc) Store
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La Guajira Cafeteria Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.