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$1,925,000

  • For Sale
  • Active
  • Retail
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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.

Full Property Details for 106240 Overseas Hwy

General

  • Price: $1,925,000
  • Taxes: $12,050 (2024)
  • Status: Active
  • Type: Retail
  • Source: 927
  • MLS ID: 616141
  • Updated: 12/17/2025
  • Added to Site: 157 day(s) ago

Interior

  • Appliances: No Appliances

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Half Bathrooms: 2

Exterior

  • Exterior Features: Other Comrcl Style, Retail

Location

  • Area: 27 - Key Largo MM 97-107
  • County: Monroe
  • Subdivision: Lake Surprise Properties (106.0)
  • Driving Directions: MM106 bayside on US1

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Heating Type: Central

Utilities

  • Water: No Waterview
  • Utility Description: FKAA, Municipal Sewer

Structural Information

  • # Buildings: 1
  • Architectural Style: Commercial
  • Construction: CBS, Combo Construction
  • Roof: Metal Roof
  • Stories/Levels: 2.0
  • Square Feet: 3,936
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1994

Lot Features

  • Lot Size (Sq. Ft.): 20,000
  • Lot Dimensions: 100' x 200'
  • Zoning: SC - Sub Urban Commercial District

Water Features

  • Water Front Type: None
  • Dock Description: None

Financial Considerations

  • Tax Amount: $12,050
  • Tax Year: 2024
  • Terms: Assumable

Disclosures and Reports

  • Legal Description: 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
  • Flood Zone: AE
  • APN: 00535840-000000

Listed by Cornell Commercial Real Estate, Inc., Bud Cornell (305) 731-0060 and Cornell Commercial Real Estate, Inc., Colin Cornell (305) 924-0771

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Listing agents

— 106240 Overseas Hwy —

  • Bud Cornell

    Cornell Commercial Real Estate, Inc.

  • Colin Cornell

    Cornell Commercial Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 106240 Overseas Hwy

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Key Largo School
104801 Overseas Highway, Key Largo, FL 33037
PK-81.3 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1297.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 106240 Overseas Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/17/2025
Price Reduced
$1,925,000
-2.53%
MLS
11/19/2025
Price Reduced
$1,975,000
-1%
MLS
8/14/2025
Listed
$1,995,000
9.02%
MLS
12/12/2023
Sold
$1,830,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 106240 Overseas Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,051
—
$1,551,197
14%
2024
$12,051
46%
$1,365,506
30%
2023
$8,261
-19%
$1,050,354
-5%
2021
$10,211
9%
$1,109,480
4%
2022
$9,367
-8%
$1,064,583
-4%
2021
$10,211
12%
$1,111,981
15%
2019
$9,132
33%
$964,413
51%
2018
$6,882
13%
$640,181
10%
2017
$6,109
-1%
$581,982
2%
2016
$6,197
-2%
$569,050
—
2015
$6,295
-3%
$567,338
—
2014
$6,468
5%
$565,446
9%
2013
$6,181
—
$517,204
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 106240 Overseas Hwy

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Cornell Commercial Real Estate, Inc., Bud Cornell (305) 731-0060 and Cornell Commercial Real Estate, Inc., Colin Cornell (305) 924-0771

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106240 Overseas Highway, Key Largo, FL 33037 (MLS# 616141) is a Retail property. 106240 Overseas Highway is currently listed for $1,925,000 and was received on August 14, 2025. Want to learn more about 106240 Overseas Highway? Do you have questions about finding other Retail real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.

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