Log In/Sign Up
Your email has been sent.
101500 Overseas Hwy 3,950 SF Retail Building Key Largo, FL 33037 $6,500,000 ($1,645.57/SF)
Investment Highlights
- Acquire a highly visible 1.79-acre commercial property in Key Largo with an established automotive service facility and significant outdoor capacity.
- Improvements include a 3,950-square-foot service building with multiple service bays and customer-facing frontage, supporting immediate occupancy.
- Expansive paved areas accommodate vehicle circulation, customer parking, equipment staging, fleet storage, and a variety of outdoor operational needs.
- 745 feet of frontage along US-1 and exposure to roughly 32,000 VPD provide exceptional visibility along the primary route through the Florida Keys.
- Low building coverage leaves substantial land available for outdoor storage, expansion, or alternative commercial uses beyond the existing property.
- Limited developable land and regulatory constraints make commercial properties of this scale and functionality increasingly difficult to find.
Executive Summary
On the only highway connecting Key Largo to mainland South Florida and the Florida Keys, 101500 Overseas Highway offers buyers a highly visible 1.79-acre commercial property with an established operating footprint and significant outdoor utility. The site is improved with Wheatons Service Center, a 3,950-square-foot automotive service building featuring multiple service bays and customer-facing frontage, offering immediate functionality for automotive, marine, fleet, and service-oriented uses. Approximately 745 feet of frontage along US Highway 1 places the property in front of roughly 32,000 vehicles per day (VPD), providing broad exposure that is difficult to replicate in the constrained Keys commercial market.
A substantial paved apron offers ample space for vehicle circulation, customer parking, equipment staging, fleet storage, and operational support. With reported building coverage of just 5.07%, the property's value extends well beyond the existing structure, leaving a significant portion of the site available for investors evaluating industrial outdoor storage (IOS), contractor yards, fleet facilities, equipment rental operations, or service-commercial operations.
The diverse customer base includes residents, marine operators, contractors, service providers, seasonal visitors, and travelers moving throughout the Upper Keys. Nearby marine, automotive, hospitality, and tourism-related businesses help sustain year-round commercial activity. At the same time, the property's position directly across from the Publix-anchored Tradewinds Shopping Center enhances visibility and daily traffic exposure. Additional demand drivers include the surrounding residential communities and the neighboring RV park, producing a built-in customer base for vehicle servicing, maintenance, storage, and related services.
Beyond its current operations, 101500 Overseas Highway offers long-term strategic value in a market where commercial development opportunities are increasingly limited. Island geography, scarce developable land, and regulatory constraints make large commercial sites with extensive highway frontage difficult to assemble. As a result, assets that provide immediate utility, substantial outdoor capacity, and flexibility for a range of commercial users seldom come to market in Key Largo.
Contact the listing agent today to learn more about this unique Key Largo acquisition opportunity.
A substantial paved apron offers ample space for vehicle circulation, customer parking, equipment staging, fleet storage, and operational support. With reported building coverage of just 5.07%, the property's value extends well beyond the existing structure, leaving a significant portion of the site available for investors evaluating industrial outdoor storage (IOS), contractor yards, fleet facilities, equipment rental operations, or service-commercial operations.
The diverse customer base includes residents, marine operators, contractors, service providers, seasonal visitors, and travelers moving throughout the Upper Keys. Nearby marine, automotive, hospitality, and tourism-related businesses help sustain year-round commercial activity. At the same time, the property's position directly across from the Publix-anchored Tradewinds Shopping Center enhances visibility and daily traffic exposure. Additional demand drivers include the surrounding residential communities and the neighboring RV park, producing a built-in customer base for vehicle servicing, maintenance, storage, and related services.
Beyond its current operations, 101500 Overseas Highway offers long-term strategic value in a market where commercial development opportunities are increasingly limited. Island geography, scarce developable land, and regulatory constraints make large commercial sites with extensive highway frontage difficult to assemble. As a result, assets that provide immediate utility, substantial outdoor capacity, and flexibility for a range of commercial users seldom come to market in Key Largo.
Contact the listing agent today to learn more about this unique Key Largo acquisition opportunity.
Sale Flyer
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,950 SF
Building Class
C
Year Built/Renovated
1953/1990
Price
$6,500,000
Price Per SF
$1,645.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.81 AC
Zoning
SC - Unique property use code allows for a very wide range of possibilities.
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
2,479
7,830
11,399
2030 Population
2,389
7,674
11,347
2025-2030 Projected Population Growth
-3.6%
-2.0%
-0.5%
Median Age
44.7
47.7
50.3
College Degree + Higher
26%
29%
30%
Daytime Employees
1,396
4,718
5,815
Total Businesses
201
733
887
Average Household Income
$85,426
$110,777
$111,199
Median Household Income
$72,169
$86,222
$84,972
Total Consumer Spending
$29.3M
$110.1M
$164.3M
2025 Households
1,039
3,364
5,043
Average Home Value
$562,488
$709,429
$736,052
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| McDonald's | - | - | 0 min walk |
| Mike's Bbq 101 | - | - | 0 min walk |
| Fernandez The Bull Cuban Grill | Caribbean | $$$ | 0 min walk |
Retail |
||
|---|---|---|
| Ace Hardware | Hardware | 0 min walk |
| AT&T Wireless | Wireless Communications | 0 min walk |
| Publix | Supermarket | 0 min walk |
Hotels |
|
|---|---|
| Hampton by Hilton |
100 rooms
0 min walk
|
| Courtyard |
91 rooms
0 min walk
|
| Holiday Inn |
132 rooms
0 min walk
|
Property Taxes
| Parcel Number | 00492790-000000 | Improvements Assessment | $626,622 |
| Land Assessment | $3,495,721 | Total Assessment | $4,122,343 |
Property Taxes
Parcel Number
00492790-000000
Land Assessment
$3,495,721
Improvements Assessment
$626,622
Total Assessment
$4,122,343
Sale Advisor
Sale Advisor
Daniel Hampson, Real Estate Agent
Daniel "Danny" Hampson is a South Florida real estate professional with deep roots in the Florida Keys as a second-generation Conch and third-generation fishing captain. Before transitioning into real estate, Daniel spent more than a decade as one of the world's top wakeskaters, competing at the highest levels of the sport and earning international recognition for his achievements.
Today, he combines that same drive and dedication with extensive local market knowledge to help clients navigate residential, waterfront, and investment real estate opportunities throughout South Florida. In addition to his work as a Realtor, Daniel is a licensed charter fishing captain, bringing a lifelong connection to the water and a unique understanding of the coastal lifestyle that attracts buyers and investors to the region.
Today, he combines that same drive and dedication with extensive local market knowledge to help clients navigate residential, waterfront, and investment real estate opportunities throughout South Florida. In addition to his work as a Realtor, Daniel is a licensed charter fishing captain, bringing a lifelong connection to the water and a unique understanding of the coastal lifestyle that attracts buyers and investors to the region.
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
101500 Overseas Hwy