Home For Sale

Picture of Home For Sale in Cudjoe Key, Florida, United States

$1,549,999

21423 Overseas Highway
Cudjoe Key, Florida, United States

2ba

Listed By: Homes & Land Magazine

Listed On: 06/25/2024

Listing ID: GL11140087 View More Details

Description

Very large commercial lot zoned SC and NEC at the corner of US Hwy 1 amp; Blimp Road in Cudjoe Key, with a 1250 SF building suitable for any commercial use. The property delivers 200 feet of US 1 highway frontage and 700 feet on Blimp Road direct access as well. Lot totals over three acres and just under one acre of usable uplands, but expansion is possible with the existing building. SC zoning allows for 18 affordable units per acre, verify with County for specifics. A perfect property for a 1031 exchange or working professionals for storage, workspace and extra income potential with endless opportunities. The property currently generates $108,000 in income, owner would consider holding mortgage for a qualified buyer. Please do not disturb Tenant.

Source: The World Property Journal

Advertisement