106240 Overseas Highway, Key Largo, FL 33037
$1,925,000
Property Type:
Commercial Sale
Baths:
2
Square Footage:
3,936
Lot Size (sq. ft.):
20,000
Status:
Pending
Current Price:
$1,925,000
List Date:
8/14/2025
Last Modified:
5/27/2026
Overview
Description
Listing Details MLS# 616141
Location, Tax & Legal
- Street #
- 106240
- Street Name
- Overseas
- Street Suffix
- Highway
- Key/Island
- Key Largo
- State/Province
- FL
- Zip Code
- 33037
- Subdivision
- Lake Surprise Properties (106.0)
- County
- Monroe
- Area
- 27 - Key Largo MM 97-107
- City
- KEY LARGO
- Mile Marker
- 106
- Marathon Neighborhood
- N/A
- Side
- Bay/Gulf
- Flood Zone
- AE
- Alternate Key #
- 1659347
- Parcel #
- 00535840-000000
- Zoning
- SC - Sub Urban Commercial District
- Legal
- BK 7 LOTS 7-8 AND LOTS 55-56 LAKE SURPRISE ESTATES KEY LARGO PB4-162 OR366-602 OR401-481 OR538-574 OR531-183 OR647-522
- Taxes
- 12050.64
- Tax Year
- 2024
Contract Information
- Listing Board
- Florida Keys
- Limited Representation
- No
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 20000
- Waterfront
- No
- # Stories
- 2
- Total # Buildings
- Yes
- Building SqFt
- 3936
- SqFt Source
- Property Data Card
- Living Apx SqFt
- 3936
- Total Units
- 3
- Year Built
- 1994
- Half Baths
- 2
- Total Baths
- 2
- Control Depth
- 0
Status Change Info
- Under Contract Date
- 2026-02-11
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
More Information
Remarks & Misc
- Remarks – Consumer
- One of the first high visibility buildings as you enter into Key Largo on just under a half an acre of commercial property. This yellow two story office has 3936 SqFt under a/c and 900 SqFt of covered porch/parking. The ground floor north side is 1,300 SqFt and is currently leased to the Visitor's Center. The ground floor south side is 1,200 SqFt and the second story is 1,400 SqFt available for lease at $51.00 per SqFt (this is the base price plus their percentage of taxes, insurance and maintenance costs). This property is available for purchase and/or lease. New metal roof was installed in 2024. The back two lots are fenced and currently used as a storage area. Assumable SBA 504 loan in the amount of approximately $1,642,000 with a 25 year amortization rate.
- Directions
- MM106 bayside on US1
Type
- Other Comrcl Style
- Yes
- Retail
- Yes
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Appliances
- No Appliances
- Yes
Heating
- Central
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Construction
- CBS
- Yes
- Combo Construction
- Yes
Land Size
- 1/4 - 1/2 Acre
- Yes
Terms
- Assumable
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Roof
- Metal Roof
- Yes
Property Features
Type:
Other Comrcl Style; Retail
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Heating:
Central
Utilities:
FKAA; Municipal Sewer
Appliances:
No Appliances
Construction:
CBS; Combo Construction
Roof:
Metal Roof
Land Size:
1/4 - 1/2 Acre
Fee Includes:
None
Terms:
Assumable
Listing Office:
Cornell Commercial Real Estate, Inc.
Last Updated: May - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.