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$1,925,000
106240 Overseas Highway
Key Largo, FL 33037
MLS# 616141
Status: Pending
2 baths  |  3936 sqft


Street view
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Street view Street view Aerial from front Aerial front above Aerial looking south Aerial looking east Aerial looking north Aerial looking north Aerial straight above Aerial looking north Aerial looking north Aerial looking south Ground floor north side Ground floor north side Ground floor north side Ground floor north side Ground floor south side Ground floor south side Ground floor south side Ground floor south side Ground floor south side Ground floor south side Ground floor south side - Office Ground floor south side - Office Stairway to second floor Second floor hall looking north Second floor hall looking south Second floor room 1 Second floor room 1 Second floor room 2 Second floor room 2 Second floor room 3 Second floor room 3 Second floor room 4 Second floor room 4 Second floor room 5 Second floor room 5

Property Description
One of the first high visibility buildings as you enter into Key Largo on just under a half an acre of commercial property. This yellow two story office has 3936 SqFt under a/c and 900 SqFt of covered porch/parking. The ground floor north side is 1,300 SqFt and is currently leased to the Visitor's Center. The ground floor south side is 1,200 SqFt and the second story is 1,400 SqFt available for lease at $51.00 per SqFt (this is the base price plus their percentage of taxes, insurance and maintenance costs). This property is available for purchase and/or lease. New metal roof was installed in 2024. The back two lots are fenced and currently used as a storage area. Assumable SBA 504 loan in the amount of approximately $1,642,000 with a 25 year amortization rate.

Details
Maps
Contract Information
Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $1,925,000
Listing Date: 2025-08-14
List Price: $1,925,000
Location, Tax & Legal
City: KEY LARGO
Mile Marker: 106
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE
Alternate Key #: 1659347
Parcel #: 00535840-000000
Zoning: SC - Sub Urban Commercial District
Legal: BK 7 LOTS 7-8 AND LOTS 55-56 LAKE SURPRISE ESTATES KEY LARGO PB4-162 OR366-602 OR401-481 OR538-574 OR531-183 OR647-522
Taxes: 12050.64
Tax Year: 2024
Street #: 106240
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Lake Surprise Properties (106.0)
County: Monroe
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: 100' x 200'
Lot SqFt: 20000
Total Units: 3
# Stories: 2
SqFt Source: Property Data Card
Total # Buildings: 1
Building SqFt: 3936
Style: Commercial
Living Apx SqFt: 3936
Year Built: 1994
Half Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: One of the first high visibility buildings as you enter into Key Largo on just under a half an acre of commercial property. This yellow two story office has 3936 SqFt under a/c and 900 SqFt of covered porch/parking. The ground floor north side is 1,300 SqFt and is currently leased to the Visitor's Center. The ground floor south side is 1,200 SqFt and the second story is 1,400 SqFt available for lease at $51.00 per SqFt (this is the base price plus their percentage of taxes, insurance and maintenance costs). This property is available for purchase and/or lease. New metal roof was installed in 2024. The back two lots are fenced and currently used as a storage area. Assumable SBA 504 loan in the amount of approximately $1,642,000 with a 25 year amortization rate.
Directions: MM106 bayside on US1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Other Comrcl Style: 1
Retail: 1
Fee Includes
None: 1
Dockage
None: 1
Appliances
No Appliances: 1
Heating
Central: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Construction
CBS: 1
Combo Construction: 1
Land Size
1/4 - 1/2 Acre: 1
Terms
Assumable: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2026-02-11
Status: Pending
Property Features
Type: Other Comrcl Style; Retail
Waterfront: None
Waterview: No Waterview
Dockage: None
Heating: Central
Utilities: FKAA; Municipal Sewer
Appliances: No Appliances
Construction: CBS; Combo Construction
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Fee Includes: None
Terms: Assumable

Listing Office: Cornell Commercial Real Estate, Inc.

Last Updated: May - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.