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26837 Overseas Hwy - Ramrod Key 0.16 Acres of Commercial Land Offered at $305,550 CAD in Summerland Key, FL 33042



Executive Summary
Property Facts
| Price | $305,550 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Property Type | Land | ||
| Zoning | SC - Suburban Commercial | ||
| 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 | Lot Size | 0.16 AC |
| Price Per AC | $1,909,687.56 CAD |
| 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.
Property Taxes
| Parcel Number | 00207230-000000 | Improvements Assessment | $0 CAD |
| Land Assessment | $163,196 CAD | Total Assessment | $163,196 CAD |
Property Taxes
Presented by
26837 Overseas Hwy - Ramrod Key
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