10 ac. of Industrial-Zoned Land-Florida Keys 98880 Overseas Hwy 1 SF 100% Leased Retail Building Key Largo, FL 33037 $15,000,000 ($15,000,000/SF)

A rare opportunity to acquire 10.88± acres of Industrial (I) zoned vacant land in the Florida Keys. Industrially zoned properties are extremely limited due to the unique development restrictions throughout the Keys, making this one of the few large-scale industrial development opportunities available.
The offering consists of multiple parcels totaling approximately 475,000± square feet (10.88± acres). Based on a recent Letter of Understanding (LOU) with Monroe County, the Industrial-zoned portion of the property allows for the development of approx. 130,000 square feet of light industrial floor area.
One of the property's most significant advantages is that this allowable industrial floor area is exempt from Monroe County's NROGO permit allocation system, provided the development is limited to manufacturing, assembly, wholesaling, and distribution uses. This exemption represents substantial value, as the property has verified commercial floor area rights and an established path to obtaining building permits without the uncertainty of public allocation processes.
The property is designated Industrial (I) on the Monroe County Future Land Use Map (FLUM), classified as Tier III on the Tier Overlay Map, and identified as Developed Land. The Industrial zoning district is intended to accommodate light industrial, manufacturing, warehousing, logistics, and distribution facilities.
This is an exceptional investment and development opportunity for industrial users, logistics companies, manufacturers, and investors seeking one of the largest industrial development sites in the Florida Keys.
Confidential Offering: Property address, surveys, and additional due diligence materials, including actual photographs, will be provided upon execution of a Non-Disclosure Agreement (NDA) and receipt of Proof of Funds.