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    Property profile & analytics

    99020 Overseas Hwy Key Largo, FL 33037-2452

    • Turn key restaurants
    • 3,500 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    $2,670,000
    Last Sale
    Mar 31, 2023
    $2,750,000
    Location Intelligence
    Property ID
    US18-2085707
    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

    • Mrs. Mac's Kitchen (Big) / Seafood Restaurant / Delivery Restaurant

    Property Details for 99020 Overseas Hwy

    Year built
    1984
    Lot size
    0.82 lot acres
    Property size
    3,500 SF
    Property type
    Turn key restaurants
    APN
    00522411-000400
    APU
    522411000400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,635,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,650,000
      6.5%
      $2,700,000
      7%
      $2,985,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,100,000
      Geo Method
      $2,425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,030,000
      Retail
      $2,755,000
      Mixed-Use
      $2,630,000
      Hospitality
      $2,940,000
      Educational
      $2,570,000
      Residential Income
      $2,980,000
      Energy
      $2,285,000
      Income-Based Land
      $2,875,000
      Food Service
      $2,920,000

    Location Insight

    • Map
    • Local Demand
    City
    Key Largo
    County
    Monroe
    State
    Florida
    Longitude
    -80.4472
    Latitude
    25.0883
    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
    $14,396
    $1,451,396
    $549,465
    $2,000,861
    -
    $1,451,396
    $549,465
    $2,000,861

    Comparable in this City

    • Value Estimation by Request
      1,834 SF

      100270 Overseas Hwy

      RESTAURANT • 1,834 SF
      100270 Overseas Hwy, Key Largo, FL 33037-2581
      View Details
    • Value Estimation by Request
      3,600 SF

      102250 Overseas Hwy

      RESTAURANT • 3,600 SF
      102250 Overseas Hwy, Key Largo, FL 33037-2747
      View Details
    • Value Estimation
      $795,000
      1,209 SF

      103360 Overseas Hwy

      RESTAURANT • 1,209 SF
      103360 Overseas Hwy, Key Largo, FL 33037-2819
      View Details
    • Value Estimation
      $200,000
      2,030 SF

      99620 Overseas Hwy

      RESTAURANT • 2,030 SF
      99620 Overseas Hwy, Key Largo, FL 33037-2454
      View Details
    • Value Estimation by Request
      1,959 SF

      97860 Overseas Hwy

      RESTAURANT • 1,959 SF
      97860 Overseas Hwy, Key Largo, FL 33037-2229
      View Details
    • Value Estimation
      $375,000
      2,143 SF

      2 Seagate Blvd

      RESTAURANT • 2,143 SF
      2 Seagate Blvd, Key Largo, FL 33037-4365
      View Details

    Similar Nearby for Sale

    • New
      $2,199,000

      Key Largo Restaurant with Drive-Through

      Profitable franchise with real estate and drive-through in Key Largo.
      92661 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $15,000,000

      Turnkey Inn & Hospitality Investment

      Income-producing inn with development potential in Key Largo.
      99202 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $6,000,000
      7,026 SF

      World Famous Alabama Jacks

      Restaurants • 7,026 SF
      58000 Card Sound Rd, Key Largo, FL 33037
      View Details
    • $5,400,000

      Key Largo Oceanside Commercial Building

      Commercial building with deep water dockage and direct ocean access.
      522 Caribbean Dr, Key Largo, FL 33037
      View Details
    • New
      $4,900,000

      Iconic Waterfront Restaurant and Bar

      Legendary waterfront restaurant/bar with long-term lease in Key Largo, FL.
      58000 Card Sound Rd, Key Largo, FL 33037
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      160,651 SF

      Key Largo Retail Center Investment

      Prime Key Largo retail space, multiple suites available.
      0 Us Hwy. 1 & Samson Rd, Key Largo, FL 33037
      View Details
    • Contact for pricing
      200,988 SF

      Tradewinds Shopping Center: Key Largo

      Prime Retail Center, Key Largo, FL
      101437 Overseas Hwy, Key Largo, FL 33037
      View Details
    • Contact for pricing
      2,231 SF

      Retail Space in Key Largo

      Retail space available in a conveniently located shopping center.
      101401-101499 Overseas Hwy, Key Largo, FL 33037
      View Details
    • Contact for pricing
      4,000 SF

      Retail and Office Space Available

      Retail and office spaces for lease in Key Largo.
      103400 Overseas Hwy, Key Largo, FL 33037
      View Details
    • $3,600 /Mo

      Renovated Apartment with Ocean Views

      Renovated 2-bedroom apartment with ocean views in Key Largo.
      188 Atlantic Blvd, Key Largo, FL 33037
      View Details

    Property Visit Statistics

    • Visits by month
      7.0k
    • Visitors by month
      7.4k
    • Avg Time on site
      42 min
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    99020 Overseas Hwy
    Key Largo, FL 33037-2452
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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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