98150 Overseas Hwy Key Largo, FL 33037-2356
Property profile & analytics
98150 Overseas Hwy, Key Largo, FL 33037-2356
- Industrial properties
- 2,830 SF
- 1.10 lot acres
Property ID
US18-0500847
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.
Location Intelligence
Current Use by Public Records
- Hydro / Church / Mosque
- Yacht Works / (Bike/Boat/Book/etc) Store
Property Details for 98150 Overseas Hwy
- Year built
- 1958
- Lot size
- 1.10 lot acres
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 00519640-000000
- APU
- 519640000000
Description
This exceptional Key Largo commercial property presents a unique investment opportunity. Located at 98150 Overseas Highway, Key Largo, FL 33037, this 1.1-acre (approximately 47,916 sq ft) rectangular parcel boasts unparalleled visibility and accessibility from the Overseas Highway and Grand Street. The property features a 2,830 square foot building, currently operating as a successful boat sales and service business. The seller offers flexibility; they can relocate their existing business to a nearby location or potentially lease back the space, depending on the buyer's intentions. This versatile property, built in 1958, is ideal for a variety of commercial uses, benefiting from its high-traffic location with convenient access from both directions of the Overseas Highway, eliminating the need to cross medians. The absence of traffic interruptions ensures optimal customer access. This is a rare chance to acquire a substantial commercial property in a prime Key Largo location. The property's size and location make it an attractive investment for entrepreneurs seeking high visibility and convenient access for their business. The existing building provides immediate operational potential, while the ample land offers significant expansion possibilities. This is a truly remarkable opportunity in a highly desirable area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $450,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $650,000
- 6.5%
- $600,000
- 7%
- $560,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $674,000
Market price range: $259k - $674k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Key Largo
- County
- Monroe
- State
- Florida
- Longitude
- -80.4569
- Latitude
- 25.0795
- 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
$13,841
$1,800,480
$381,787
$2,182,267
-
$1,800,480
$381,787
$2,182,267
