305-609-4190
24931 Overseas Hwy, Lower Keys FL 33042
Active Mixed Use Waterfront

24931 Overseas Hwy, Lower Keys FL 33042

Lower Keys, FL, 33042

$12,000

Beds
Baths
Sq Ft
1958
Year Built
Lot Sq Ft
Garage

Photo Gallery (28 photos)

About This Property

Property for Rent! Private boat ramp / water access. Unique Florida Keys waterfront commercial opportunity. The property features approximately 1,965 SF of commercial space with waterfront access and one lot of 0.25 Acres. Prime commercial opportunity located directly on Overseas Highway in Summerland Key. This unique waterfront property offers excellent visibility and exposure along one of the main routes through the Florida Keys. The property features approximately 1,965 SF of commercial space with waterfront access and one lot of 0.25 Acres private boat ramp, and canal frontage. Ideal for a variety of uses including restaurant, retail, marine-related businesses, office, boat services, fishing-related businesses, or other approved commercial uses. The property provides a rare combination of highway frontage, waterfront access, and business potential in the Florida Keys market. Conveniently located with strong traffic visibility and easy access for customers and boaters. Commercial Fishing Special District 13 (CFSD 13) Summerland Key. Waterfront Commercial/ Marine. The price of $ 12,000 includes only part of the property.

Property Details

MLS #

A12063995

Status

Active

Property Type

Commercial Sale

Sub Type

Mixed Use

Year Built

1958

Days on Market

1

Stories

1

Pool

No

Waterfront

Yes

HOA Fee

None

Est. Insurance

$4/mo

Tax Amount

$6,215

Garage

Lot Size

Mortgage Calculator

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$84
Est. Monthly Rent
-101.7%
Cap Rate
-508.3%
Cash-on-Cash
$-12,198
Net Operating Income

ROI Projections (4% Annual Appreciation)

-2,433%
5-Year ROI
Value: $14,600
-4,842%
10-Year ROI
Value: $17,763
-7,223%
15-Year ROI
Value: $21,611

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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