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    Property profile & analytics

    22828 Overseas Hwy Cudjoe Key, FL 33042-4216

    • Industrial properties
    • 3,680 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US18-5859858
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Nadine's Salon & Day Spa Inc / Beauty Salon / Nail Salon

    Property Details for 22828 Overseas Hwy

    Year built
    1972
    Lot size
    0.18 lot acres
    Property size
    3,680 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    00187030-000000
    APU
    187030000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $450,000
      7%
      $460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $365,000
      Mixed-Use
      $365,000
      Hospitality
      $435,000
      Educational
      $465,000
      Residential Income
      $400,000
      Energy
      $395,000
      Income-Based Land
      $385,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Cudjoe Key
    County
    Monroe
    State
    Florida
    Longitude
    -81.4778
    Latitude
    24.6628
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,224
    $195,464
    $222,510
    $417,974
    -
    $195,464
    $222,510
    $417,974

    Comparable in this City

    • Value Estimation
      $650,000
      3,588 SF

      22673 Pieces Of 8th Rd, Unit 1

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,588 SF
      22673 Pieces Of 8th Rd, Cudjoe Key, FL 33042-4253
      View Details
    • Value Estimation
      $225,000
      1,280 SF

      936 Crane Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,280 SF
      936 Crane Blvd, Sugarloaf Key, FL 33042-3163
      View Details
    • Value Estimation by Request
      1,858 SF

      24386 Overseas Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,858 SF
      24386 Overseas Hwy, Summerland Key, FL 33042-4804
      View Details
    • Value Estimation by Request
      1,849 SF

      24570 Overseas Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,849 SF
      24570 Overseas Hwy, Summerland Key, FL 33042-4614
      View Details
    • Value Estimation
      $260,000
      1,250 SF

      21423 Overseas Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,250 SF
      21423 Overseas Hwy, Summerland Key, FL 33042-3171
      View Details
    • Value Estimation by Request
      2,632 SF

      24622 Overseas Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,632 SF
      24622 Overseas Hwy, Summerland Key, FL 33042-4615
      View Details

    Similar Nearby for Sale

    • $1,395,000
      1,250 SF

      Cudjoe Key Commercial Redevelopment Site

      High-yield, 3+ acre Overseas Hwy property.
      21423 Overseas Hwy, Cudjoe Key, FL 33042
      View Details
    • $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
    • $1,474,000

      Cudjoe Key Commercial Gem

      Prime commercial property with income potential in Cudjoe Key, FL.
      21423 Overseas Hwy, Sugarloaf, FL 33042
      View Details
    • $300,000

      Little Torch Key Vacant Land

      13.67 acres on Little Torch Key, Florida.
      Candice Ave, Little Torch Key, FL 33042
      View Details
    • $500,000

      Cudjoe Key Development Opportunity

      3.05 acres in Cudjoe Key ready for development.
      4A Old State Rd, Cudjoe Key, FL 33042
      View Details
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    Cudjoe Key, FL 33042-4216
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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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