Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    811 Largo Rd Key Largo, FL 33037
    Back to Search
    Property profile & analytics

    811 Largo Rd, Key Largo, FL 33037

    View on Map
    • Commercial land
    • 0.12 lot acres
    For Sale
    $150,000
    View Listing →
    LAND - Key Largo, FL For Sale
    $150,000
    0.12 Acres

    LAND - Key Largo, FL

    Commercial real estate · 0.12 Acres

    811 Largo Road, Key Largo, FL 33037
    View Listing
    Property ID
    US18-6752757
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 811 Largo Rd

    Lot size
    0.12 lot acres
    Property type
    Commercial land
    APN
    00537730-000000
    APU
    537730000000

    Description

    This exceptional opportunity presents a rare chance to acquire a mixed-use vacant lot in the desirable Key Largo, Florida. Located at 811 Largo Rd, Key Largo, FL 33037, this 50' x 100' parcel boasts a prime location at the entrance to Key Largo, providing quick and easy access to both Dade County and the Lower Keys. The property's strategic position offers unparalleled convenience and accessibility. This is a fantastic investment opportunity for developers or entrepreneurs seeking a versatile space with high potential. The asking price for this single lot is $150,000. Note that an adjacent lot of the same dimensions is also available for purchase, presenting the possibility of acquiring a double lot for expanded development potential. This property is classified as Special Purpose and is situated in Monroe County. The precise latitude and longitude coordinates are 25.1709904, -80.375539 respectively. The possibilities are numerous, making this an attractive proposition for those seeking a foothold in the thriving Key Largo market. Inquire today to explore the full potential of this unique property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Key Largo
    County
    Monroe
    State
    Florida
    Longitude
    -80.3755
    Latitude
    25.171
    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
    $637
    $94,803
    $0.00
    $94,803
    -
    $94,803
    $0.00
    $94,803

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      91630 Overseas Hwy

      VACANT COMMERCIAL LAND
      91630 Overseas Hwy, Key Largo, FL 33037
      View Details
    • Value Estimation by Request
      0.11 Acres

      104585 Overseas Hwy

      VACANT COMMERCIAL LAND
      104585 Overseas Hwy, Key Largo, FL 33037-4865
      View Details
    • Value Estimation by Request
      0.13 Acres

      Key

      VACANT COMMERCIAL LAND
      Key, Largo, FL 33037
      View Details
    • Value Estimation by Request
      0.11 Acres

      Key

      VACANT COMMERCIAL LAND
      Key, Largo, FL 33037
      View Details
    • Value Estimation by Request
      0.06 Acres

      Key

      VACANT COMMERCIAL LAND
      Key, Largo, FL 33037
      View Details
    • Value Estimation by Request
      0.13 Acres

      Key

      VACANT COMMERCIAL LAND
      Key, Largo, FL 33037
      View Details

    Similar Nearby for Sale

    • $2,995,000

      Overseas Highway Land For Sale

      Land available on Overseas Highway, Key Largo.
      98250 Overseas Hwy, Key Largo, FL 33037
      View Details
    • Contact for pricing
      0.82 Acres

      Key Largo Commercial Opportunity

      Second floor commercial space available in Key Largo, Florida.
      106600 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $1,295,000
      0.68 Acres

      Key Largo Commercial Building Lot

      Approved commercial lot in Key Largo near Tradewinds Shopping Center.
      101201 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $457,000
      0.14 Acres

      Commercial Lot in Key Largo

      Commercial lot with frontage on Overseas Highway in Key Largo.
      5 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $9,500,000
      9.36 Acres

      Oceanfront Estates with Development Potential

      Gated oceanfront estates with commercial zoning and development opportunities.
      95351 Overseas Hwy, Key Largo, FL 33037
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Key Largo Retail Opportunity

      Prime retail space in Key Largo near Aldi.
      105300 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $2,500 /Mo
      1,075 SF

      Key Largo Storage Space Available

      Storage space for lease in Key Largo, Florida.
      98468 Overseas Hwy, Key Largo, FL 33037
      View Details
    • Contact for pricing

      Key Largo Shopping Center Space

      Shopping center space in Key Largo, Florida available for rent.
      101499 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $3,500 /Mo
      768 SF

      Key Largo Free Standing Office

      Free standing office building in the heart of Key Largo.
      101875 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $5,457 /Mo
      5,457 SF

      Key Largo Commercial Office Space

      5,457 sqft Key Largo office space for lease.
      99451 Overseas Hwy, Key Largo, FL 33037
      View Details
    • Contact for pricing
      9,674 SF

      Retail Spaces on Overseas Highway

      Retail spaces available in shopping center on Overseas Highway.
      101499 Overseas Hwy, Key Largo, FL 33037
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    811 Largo Rd
    Key Largo, FL 33037
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    811 Largo Rd, Key Largo, FL, 33037
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!