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103301 Overseas Hwy 2,393 SF 45% Leased Office Building Key Largo, FL 33037 $1,250,000 ($522.36/SF) 8.24% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corner lot on US 1 with high visibility
  • Mixed Use Zoning
  • 658 square feet of leasable space for future tenants
  • X flood zone (no flood insurance required)
  • Strong tenant base with great cash flow
  • Ample parking

EXECUTIVE SUMMARY

Showings by appointment only, please do not disturb the business.
Prime Office Building on High-Visibility US1 Corner Lot - Income-Producing with Growth Potential. Seize this rare investment opportunity with a 2,278 sq. ft. office building with 1,620 covered storage located in a desirable X-flood zone (no flood zone) on a high-traffic US1 corner lot. Offering exceptional visibility and exposure, this property is ideal for investors or owner-operators seeking strong cash flow with room to grow. Situated on a 13,837 sq. ft. lot, the property features ample parking and has been rezoned to MU (Mixed Use), offering flexibility for future development and diverse tenant types. Currently occupied by established long-term tenants, this property provides consistent income with a 658 sq. ft. leasable space still available—perfect for additional revenue potential. The 1,620 sq. ft. ground floor has been thoughtfully enclosed with electric roll-down hurricane rated impact garage doors, offering versatile use as office, storage, or showroom space. Highlights: -Corner lot on US1 with high visibility -Located in X-flood zone—no flood insurance required -Mixed Use (MU) zoning for greater versatility -Strong existing tenant base with great cash flow -658 sq. ft. of leasable space available for future tenants -Ample on-site parking -Enclosed ground floor with electric roll-down doors -Perfect for investors, owner-operators, or business owners looking for location, flexibility, and income potential.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,393 SF
Building Class
B
Year Built
1984
Price
$1,250,000
Price Per SF
$522.36
Cap Rate
8.24%
NOI
$103,036
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,196 SF
Building FAR
0.27
Lot Size
0.20 AC
Zoning
MU - Commercial retail, office, restaurant uses or any combination thereof, of low and medium intensity, and of less than 2,500 square feet of floor area.
Parking
12 Spaces (5.01 Spaces per 1,000 SF Leased)

AMENITIES

  • Reception
  • Storage Space
  • Natural Light
  • Open-Plan
  • Secure Storage
  • Air Conditioning
  • Balcony
  • Smoke Detector

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Irwin Air
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Irwin Air Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 658 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 658 SF Office Full Build-Out Now

1st Floor

Size
658 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00472810-000000
Land Assessment
$793,744
Improvements Assessment
$194,518
Total Assessment
$988,262
  • Listing ID: 35428386

  • Date on Market: 4/9/2025

  • Last Updated:

  • Address: 103301 Overseas Hwy, Key Largo, FL 33037

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