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105675 Overseas Hwy - Key Largo Acreage

11 Acres of Residential Land Offered at $18,654,000 in Key Largo, FL 33037

Investment Highlights

  • 975ft of frontage on Overseas Hwy.
  • Features a 1947 CBS 2b/2ba structure with a modern metal roof.
  • Heavy electric power available.
  • All parcels are zone X on the FEMA flood maps.

Executive Summary

11 +/- contiguous acres available consisting of 6 parcels with four APN & Totaling 975 SF of frontage on Overseas Hwy. All parcels are zone X on the Fema flood maps. Land was previously disturbed. This Property listing is a 1947 CBS 2b/2ba structure with a modern metal roof on two acres comprised of 4 lots with two APN and +/-353 ft of frontage on US1. Heavy electric power available from Florida keys substation nearby to adjacent parcels. Opportunity for a larger luxury home. Parcel was mostly cleared in past years & had multiple structures previously developed. Property has adjacent 30 ft platted right of way per PB1 pg.138 along the entire southern boundary, perpendicular to Overseas Hwy frontage. See MLS numbers attached for all 11 acres available for sale. MLS: A11567911 MLS: A11567838 MLS: A11567854 MLS: A11567951. Email kevin@themesateam for Offer Memorandum for this property!

Data Room Click Here to Access

Property Facts

Price $18,654,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 11.00 AC

1 Lot Available

Lot

Price $18,654,000
Price Per AC $1,695,818
Lot Size 11.00 AC

11 +/- contiguous acres available consisting of 6 parcels with four APN & Totaling 975 SF of frontage on Overseas Hwy. See MLS numbers attached for all 11 acres available for sale. MLS: A11567911 MLS: A11567838 MLS: A11567854 MLS: A11567951

Description

11 +/- contiguous acres available consisting of 6 parcels with four APN & Totaling 975ft of frontage on Overseas Hwy. All parcels are zone X on the Fema flood maps. This Property listing is a 1947 CBS 2b/2ba structure with a modern metal roof on two acres comprised of 4 lots with two APN and +/-353 ft of frontage on US1. Heavy electric power available from Florida keys substation nearby to adjacent parcels. Opportunity for a larger luxury home. Parcel was mostly cleared in past years & had multiple structures previously developed. Property has adjacent 30 ft platted right of way per PB1 pg.138 along the entire southern boundary, perpendicular to Overseas Hwy frontage. See MLS numbers attached for all 11 acres available for sale. MLS: A11567911 MLS: A11567838 MLS: A11567854 MLS: A11567951

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00084160-000000
  • 00084180-000000
  • 00084180-000200
  • 00084180-000100
Land Assessment
$426,554
Improvements Assessment
$161,848
Total Assessment
$588,402

zoning

Zoning Code R (Suburban Residential)
R (Suburban Residential)
  • Listing ID: 31592565

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 105675 Overseas Hwy, Key Largo, FL 33037

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