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Property profile & analytics

98275 Overseas Hwy Key Largo, FL 33037

  • Retail space
  • 1,200 SF
  • 0.72 lot acres
Value Estimation
Location Intelligence
Property ID
US18-5436688
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

  • Coco Plum Place / Gift Shop / Juice Shop
  • Seaside Eatery / Restaurant

Property Details for 98275 Overseas Hwy

Year built
1944
Lot size
0.72 lot acres
Property size
1,200 SF
Property type
Retail space
APN
00090540-000100
APU
90540000100

Description

Coco Plum Place, located at 98275 Overseas Hwy, Key Largo, FL 33037, presents a unique investment opportunity. This established business, built in 1944, is offered at an asking price of $1,200,000. The property operates as a combined retail and cafe, offering a diverse revenue stream. The retail space showcases a curated selection of handcrafted Balinese furniture, clothing, gifts, and kitchenware, catering to a discerning clientele. The cafe component complements the retail offerings, providing a range of coffee drinks, teas, and freshly baked pastries. This turnkey operation is situated in a desirable tropical location within Monroe County, Florida, benefiting from the area's thriving tourism and local community. The property's existing infrastructure and established customer base provide a solid foundation for continued success and potential growth. The business is ready for immediate operation, minimizing the need for extensive renovations or start-up costs. This presents a compelling opportunity for investors seeking a profitable and established business in a picturesque Florida setting. The property's prime location in Key Largo offers excellent visibility and accessibility, further enhancing its investment potential. This is a rare chance to acquire a well-established, diverse business in a highly sought-after location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $320,000
  • CAP approach

    CAP return
    Estimation
    6%
    $425,000
    6.5%
    $400,000
    7%
    $445,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $355,000
    Geo Method
    $420,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $390,000
    Retail
    $420,000
    Mixed-Use
    $395,000
    Hospitality
    $365,000
    Educational
    $355,000
    Residential Income
    $380,000
    Energy
    $425,000
    Income-Based Land
    $380,000
    Food Service
    $440,000

Location Insight

  • Map
  • Local Demand
City
Key Largo
County
Monroe
State
Florida
Longitude
-80.4546
Latitude
25.0807
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
$2,573
$592,787
$89,448
$682,235
-
$592,787
$89,448
$682,235
More about this property
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