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29400476
29597263

21423 Overseas Hwy, Cudjoe Key, FL 33042

CS
FL FL 263500131
RE/MAX All Keys Real Estate
Listed by RE/MAX All Keys Real Estate
$1,299,000
122 days on market
Updated 6 days ago

21423 Overseas Hwy, Cudjoe Key, FL 33042

Details
Property Type Land, Mixed Use
Sub Type Commercial
Square Footage 1,250
Net Rentable (SqFt) 1,250
Units 1
Cap Rate 10.00%
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 10.00%
Price per SqFt $1,039
Price Per Acre $37
Broker Co-Op Yes
Class B
Buildings 1
Stories 1
Lot Size (SqFt) 37,748
Zoning SC - Sub Urban Commercial District
Parking Spaces 30 spaces
Parking Per SqFt 24.00
Tenant Credit No Credit Rating

Land | 37,748 SqFt

Marketing description

Prime Lower Keys Commercial Real Estate for sale. Excellent visibility and easy access from Overseas Hwy. Corner location at MM 21 and Blimp Rd. Total of 3 Parcels of Land. With the Submerged Baybottom parcels total over 3 Acres with Approx. 37,748 sf. or .87 Acres of useable uplands. Uplands portion is approx. 200' of highway frontage by 190' deep. Waterfront property with limited shallow water access for kayak and canoes. Existing 1,250 sf. CBS building on site may be enlarged or demo and entirely redevelope. Property has favorable SC- Suburban Commercial Zoning with many Commercial uses allowed and possible. Great location for a local contractor, retail convenience store, or marine/boat/trailer/ RV and Auto storage.

Investment highlights

Prime Commercial property in the Lower Keys

· Excellent visibility on Overseas Highway

· Corner location at Blimp Road

· 3 Parcels of Land

· Approx. 37,748 SF (.87 Ac) Uplands

· 200’ of highway frontage X 190’ deep

· Over 2 Acres of owned baybottom

· Existing 1,250 SF CBS Building

· Building may be expanded or demolished and rebuilt

· Favorable Suburban Commercial (SC) Zoning

· Many Commercial uses possible

· Limited supply of COM real estate in Lower Keys

Listing Contacts

CS
FL FL 263500131
RE/MAX All Keys Real Estate
Listed by RE/MAX All Keys Real Estate

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Additional Information

Name
Robert W. Coe IV
License
BK 3428120
Brokerage
REMAX All Keys Real Estate
Brokerage Phone
305-363-9665
Title
Broker of Record
Brokerage Address
517 Duval St, Suite 200, Key West, FL 33040
Name
Curtis A. Skomp, CCIM
License
FL 263500131
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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