Property profile

24458 Overseas Hwy Summerland Key, FL 33042

OFF-MARKET
Drive through restaurants
Property ID
US18-5830879
574 SF 0.27 ac lot Built 1995
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

A commercial waterfront property in Summerland Key with a building configured for office, retail, or service-oriented uses. The building includes a walk-in cooler and is located on a deepwater canal, with on-site parking available. The site includes grandfathered highway signage providing exposure to traffic along US Highway 1 through the Lower Keys. The property is in the SC – Sub Urban Commercial District.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1995
Total area 574 SF
Lot 0.27 ac (11,570 SF)
APN 00190730-000000
UPID US18-5830879

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

24458 Overseas Hwy Summerland Key, FL 33042-4613
Summerland Key metro Census 971502 KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2026
7 recorded transactions
2026
$874,000
2019
$500,000
2016
Price N/A
2006
Price N/A
2004
$530,000
2004
$407,500
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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