Cudjoe Key, FL 33042,21423 Overseas Hwy
Cudjoe Key, FL 33042,21423 Overseas Hwy
Cudjoe Key, FL 33042,21423 Overseas Hwy
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$1,574,000
Est. payment /mo
0.5 Acres Lot
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225065378

HOA Y/N No

Year Built 1980

Annual Tax Amount $5,411

Tax Year 2024

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Office

Property Description

Two driveways, RV hookups, storage units, water, sewer, and power on site, legal billboard-style signage on US 1, Crystal-clear water views on the north side with no neighboring structures—ideal for a destination restaurant, waterfront bar, or food truck park. SC zoning allows for a wide array of commercial uses, such as: Construction staging or contractor yard, retail center, marine services, gift shop, or medical office, live/work units or an outdoor event venue, affordable housing development with potential for 18 units per acre (verify with Monroe County). Currently producing $108,000 annually in rental income. Perfect for 1031 exchange or long-term investors. Owner may hold mortgage for a qualified buyer. Located in the heart of the Lower Keys, just 20 minutes from Key West, this high-visibility corner delivers a rare combination of privacy, accessibility, and waterfront charm—with ample parking, water access, and no neighbors on the northern side. Whether you're expanding operations, starting a destination business, or land banking for the future.—this is your canvas. Please do not disturb tenant.

Location

State FL

County Monroe

Area Oa01 - Out Of Area

Rooms

Bedroom Description NaN

Interior

Furnishings Furnished

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Garage No

Building

Story 1

Others

Senior Community No


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Listed by eXp Realty LLC • Infinity Rydzak, PA
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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21423 Overseas Hwy