Prime Commercial Property on Ramrod Key in the heart of the Lower Florida Keys. Located at Mile Marker 27 on Ramrod Key, this exceptional property encompasses three spacious lots with premium frontage on the Overseas Highway. With 28,132 square feet of land and street access on three sides, the property offers high visibility and excellent exposure on US 1.Zoned Suburban Commercial, this property allows for a wide variety of uses, making it perfect for entrepreneurs or investors seeking a versatile space. It includes a 1-bedroom, 1-bath concrete residence with 1,234 square feet of living space, as well as an additional concrete building featuring a half bath. The entire property is fully fenced. For over 40 years, the property has been home to a plant nursery. While the business is not included in the sale, the owner is open to selling the inventory to a buyer interested in continuing the nursery business.The propertys accessibility and infrastructure further enhance its value. With access points from Coral Avenue and State Road 4A, it ensures seamless navigation for customers and deliveries. Two FKAA water lines are in place, including a dedicated irrigation line exempt from sewer return charges, providing cost-efficient water use.Opportunities for commercial real estate with Overseas Highway frontage are incredibly rare in the Florida Keys. With its strategic location, generous lot size, and established infrastructure, this property is ideally positioned to support a wide range of ventures, from retail and hospitality to professional services or a continuation of its nursery roots. Dont miss this chance to secure a prime piece of the Lower Keys commercial landscape. For more information or to schedule a private tour, contact us today!

Discover a prime investment opportunity with this unique commercial property located on 1.67 acres along the scenic Overseas Highway of the Florida Keys. This site features an impressive 470 of highway frontage and sits on a 40 wide canal, providing excellent boating access and approximately 17 boat slips along the seawall. Transferable quota Liquor License was recently appraised at $800,000. This license would allow for an onsite Liquor Store as well. There are 25 Transient Licenses Transient Licenses were recently appraised at $200,000 each for a total of $5,000,000.Currently this business is operating as the Looe Key Reef Resort, this multifaceted, profitable business includes a dive shop, motel, swimming pool, snorkel and dive charter business offering dive instruction and trips to the Looe Key sanctuary, a large tiki bar, kitchen and restaurant, and onsite food truck. Development Potential: The existing motel presents an excellent opportunity for conversion into affordable/workforce housing, allowing for the strategic relocation of the 25 transferable transient licenses within unincorporated Monroe County. This flexibility opens doors for various development scenarios, catering to diverse market needs. Offers a strategic advantage with the ability to transfer transient licenses to another location within 14 miles noting that the receiving site may not be required to adhere to affordable housing requirements, enhancing the potential for development or redevelop the current property. With its prime location, extensive licenses, and existing business operations, this property stands out as a lucrative investment opportunity in the heart of Floridas beautiful Keys. Dont miss your chance to capitalize on this rare offering.Buyer to verify all information.

North Niles at Ramrod Key: Premier Real Estate Development Opportunity in the Florida KeysLocated in the Florida Keys on Overseas Highway, Ramrod Key was named after a ship named Ramrod, which was wrecked on a reef south of the island in the early nineteenth century. Positioned at mile marker 26, North Niles at Ramrod Key is just 24 miles from Key West Airport.This prime property features over 1.5 miles of water frontage and is the largest single connected piece of land available in the Keys at 186 acres. It boasts the tallest bridge clearance from Key West to Marathon at 38 feet and the deepest boat basin at over 20 feet. With direct access to the Atlantic Ocean and Niles Channel, and over one mile of water frontage, this site is ideal for marine activities. Additionally, it offers almost half a mile of frontage on Overseas Highway, enhancing its visibility and accessibility.Zoning & Entitlements-Comprehensive zoning and entitlement due diligence has been completed for North Niles at Ramrod Key. The county has provided a Letter of Understanding (LOU) that outlines a path for developing 93,000 square feet of floor area and up to 9 homes, with the first Rate of Growth Ordinance (ROGO) already approved.The lots include a mix of habitats and zoning types, all of which have been documented and surveyed. Environmental studies and surveys are complete, confirming the lands suitability for development. Although the property includes more dwelling units than can be built due to clearing limitations, there is sufficient usable land. With dedication, additional ROGO points can be gained, expediting further development awards. Potential tax benefits from dedication or conservation easements add to the financial appeal of this investment.North Niles at Ramrod Key is the largest available developable tract in the Florida Keys, presenting a unique and exceptional opportunity for development in this sought-after region.