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Commercial Land for Sale in Cudjoe Key, Florida

21423 Overseas Hwy, Cudjoe Key, FL 33042

$1,574,000
0.5 acres
Active
Est $11,194/mo

Two driveways, RV hookups, storage units, water, sewer, and power on site, legal billboard-style signage on US 1, Crystal-clear water views on the north side with no neighboring structures--ideal for a destination restaurant, waterfront bar, or food truck park. SC zoning allows for a wide array of commercial uses, such as: Construction staging or contractor yard, retail center, marine services, gift shop, or medical office, live/work units or an outdoor event venue, affordable housing development with potential for 18 units per acre (verify with Monroe County). Currently producing $108,000 annually in rental income. Perfect for 1031 exchange or long-term investors. Owner may hold mortgage for a qualified buyer. Located in the heart of the Lower Keys, just 20 minutes from Key West, this high-visibility corner delivers a rare combination of privacy, accessibility, and waterfront charm--with ample parking, water access, and no neighbors on the northern side. Whether you're expanding operations, starting a destination business, or land banking for the future.--this is your canvas. Please do not disturb tenant.

Location

Street address
21423 Overseas Hwy
Elevation
2 feet
Coordinates
24.6673, -81.4994

Property details

Lot size
0.5 acres21,780 sq ft
MLS #
NABOR 225065378
Posted

Property taxes

2024
$5,412

Details and features

Listing

Type
Commercial Sale

Lot

Waterfront
Waterfront

Listing history

DateEventPriceChangeSource
Aug 1, 2025New listing$1,574,000NABOR
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This 0.5-acre property is located at 21423 Overseas Hwy in Cudjoe Key, FL 33042. The property is available for sale for $1,574,000.

Checked 18 mins ago — Updated

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