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Investment Highlights

  • Heavy traffic count
  • Most frontage on US 1 of any available property
  • Fully functioning service center can be taken over if buyer chooses

Executive Summary

Once in a lifetime opportunity! This amount of frontage on US-1 in the FL Keys does not exist anymore! With flexible zoning (call for details) the Wheatons Service Center is an open canvas for investors, logistic companies, corporate entities, or even an end user who wants to take the reins of a thriving and established business.
101500 Overseas Highway is a substantial 1.79-acre commercial site with approximately 745 feet of frontage along the primary roadway serving Key Largo and the Florida Keys. The property combines an existing service building, a large paved operating area, open yard capacity and strong roadside visibility in a supply-constrained island market.

Sale Flyer

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,950 SF
Year Built
1990
Price
$9,061,520 CAD
Price Per SF
$2,294.06 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
1.81 AC
Zoning
SC - Unique property use code allows for a very wide range of possibilities.
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
2,479
7,830
11,399
13,327
2030 Population
2,389
7,674
11,347
13,382
2025-2030 Projected Population Growth
-3.6%
-2.0%
-0.5%
0.4%
Median Age
44.7
47.7
50.3
50.9
College Degree + Higher
26%
29%
30%
20%
Daytime Employees
1,396
4,718
5,815
7,170
Total Businesses
201
733
887
1,154
Average Household Income
$85,426
$110,777
$111,199
$108,602
Median Household Income
$72,169
$86,222
$84,972
$80,777
Total Consumer Spending
$29.3M
$110.1M
$164.3M
$192.7M
2025 Households
1,039
3,364
5,043
5,963
Average Home Value
$562,488
$709,429
$736,052
$748,029
$ values in USD

Nearby Major Retailers

Publix
Centennial Bank
Waffle House

Property Taxes

Property Taxes

Parcel Number
00492790-000000
Land Assessment
$4,870,623 CAD
Improvements Assessment
$873,079 CAD
Total Assessment
$5,743,702 CAD
  • Listing ID: 41622937

  • Date on Market: 2026-08-10

  • Last Updated:

  • Address: 101500 Overseas Hwy, Key Largo, FL 33037

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