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Executive Summary

Rarely available vacant land parcel. Zoned Suburban Commercial with 50 feet of frontage on Overseas Highway.

Property Facts

Price $305,550 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.16 AC
Zoning SC - Suburban Commercial

1 Lot Available

Lot

Price $305,550 CAD
Price Per AC $1,909,687.56 CAD
Lot Size 0.16 AC

7,340 square foot vacant parcel with 50 feet of direct Overseas Highway frontage. Zoned Suburban Commercial (SC) under the Monroe County Land Development Code.

Description

Rare opportunity to acquire a commercially zoned, vacant land parcel, fronting on U.S. Highway 1 in Ramrod Key, Florida. The subject property is 7,340 square foot vacant parcel with 50 feet of direct Overseas Highway frontage. Zoned Suburban Commercial (SC) under the Monroe County Land Development Code. The site comprises 0.168 acres, with all major utilities including; water, sewer, electric, gas, and telecommunications, available at or near the property boundary. The parcel's regular shape and flat terrain minimize site work costs and maximize developable area. No interior road, shared access, or secondary positioning between the property and one of Florida's most trafficked scenic corridors. The SC zoning designation permits a wide array of commercial uses, including retail, office, and restaurant operations of low to medium intensity as-of-right, with pathways through Monroe County's conditional use process for light industrial uses such as warehousing and storage. Also zoned for commercial recreational operations. A use category in particularly strong demand given the area's dive, fishing, and water sports economy. With available commercial land throughout unincorporated Monroe County constrained by the Area of Critical State Concern designation, ROGO growth management regulations, and the county's limited developable land base, entitled parcels with direct highway frontage of this kind represent a truly unique. The offering of Ramrod Key Land presents a rare opportunity to acquire a development ready parcel in a supply constrained, high demand market. At $225,000, or approximately $30.65 per square foot of land, this offering represents a compelling entry price for a commercially zoned, highway fronting parcel in the Florida Keys. Comparable commercial land trades are rare and prices have appreciated steadily as available inventory has contracted.

Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
00207230-000000
Land Assessment
$163,196 CAD
Improvements Assessment
$0 CAD
Total Assessment
$163,196 CAD
  • Listing ID: 40350119

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 26837 Overseas Hwy, Summerland Key, FL 33042

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