24171 Overseas Hwy | Image 1
New
24171 Overseas Hwy | Image 2
24171 Overseas Hwy | Image 3
24171 Overseas Hwy | Image 4
24171 Overseas Hwy | Image 5
24171 Overseas Hwy | Image 6

$1,700,000

For Sale

4 days ago

24171 Overseas Hwy, Summerland Key, FL

House

MLS® 620841

0 Bed

3 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $6,093
Days Active 4
Lot Size 0.65 Acres
Approx. Age 2006
MLS® Number 620841

Property Address: 24171 Overseas Hwy, Summerland Key, FL, 33042-4858

Average square foot calculated using Size range provided by listing agent.

Description

Prime commercial property and investment opportunity! An exceptional multi-faceted real estate opportunity the the heart of the Florida Keys. Positioned directly on Overseas Highway with prime frontage, 24171 Overseas Highway consists of two contiguous parcels offering immediate cash flow combined with tremendous future development potential. Whether you are looking to hold a strong income-generating asset or immediately capitalize on aggressive redevelopment incentives, this property delivers on both fronts. Key highlights and value drivers: 1. Immediate revenue stream: Turnkey restaurant and offices with solid existing leases in place. Collect strong passive income from day one while finalizing design, architectural or permitting plans. Suburban commercial (SC) zoning. 2. Live Local Act authorization: Authorized under Florida's Live Local Act, unlocking unprecedented density, floor area ratio (FAR) and height allowances for mixed-use or affordable/workforce residential development. 3. Unmatched visibility and location: Direct highway exposure along the primary artery connecting Key West to the Middle Keys, capturing continuous tourist traffic and serving the local community 4. Development and investment potential: Enjoy stable rental yields from established commercial tenants while holding the land for long-term appreciation or future phase expansion
MLS® Number620841
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2006
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air, Wall/Window Unit(s), Ceiling Fans(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 3, 2026List Date
$1,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
24171 Overseas Hwy, Summerland Key, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties