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For Sale

$1,275,000

3100 OVERSEAS HIGHWAY
Key West, FL 33040

Sqft 4,425 sqft
Turnkey Waterfront Restaurant and Bar in Bay Point, mile marker 15 in the Lower Keys. Building is in excellent condition, licensed for 150 seats, 6COP SRX Liquor License. Fully equipped and furnished. Built in 2005 above flood elevation with 17,485sf lot, 4,425sf under air. Parking front, side, rear and covered parking under building. Elevator or stair entry. Three usable porches, building generator, ADA compliant. Great water views. Access and visibility from US Highway 1 is excellent. Ideal investment opportunity or for an owner user. Zoned SC which allows for 18 affordable units per acre, verify with the County for specifics. Read More

Market Status
Available
Last Updated
September 23, 2021

Property Type
Commercial Property
Architecture
Waterfront
Year Built
2005
Roof
Metal
Central Air
-
Exterior Construction
Concrete
Floors
Tile; Wood
Taxes
8710 (2020)
Property Type
Commercial; Retail
Waterfront
-

Local Market Conditions

There are currently 122 properties for sale in the Key West, FL area with the average listing price of $1,618,176. This represents an increase of +9.5% over the previous week. The 4 bedroom homes saw the largest increase in the average listing price over the previous week with a +21.3% increase. To learn more about the Key West, FL area, contact a local expert!

Market Snapshot for Key West, FL

Avg. Listing Price

$1,618,176

Wk ending Sep 25

$+140,852

+9.5%

w-o-w

122

968

473

374

187

154

Average Listing Price for Key West, FL
No. BedroomsNo. Beds Week Ending
(Sep 25)
w-o-w Week Ending
(Sep 4)
Week Ending
(Aug 28)
Week Ending
(Aug 21)
All PropertiesAll $1,618,176 +9.5% $1,477,324 $1,450,681 $1,416,347
1 bedroom1 BR $521,667 +3.2% $505,714 $431,429 $434,286
2 bedrooms2 BR $1,164,765 +7.3% $1,085,330 $1,071,464 $1,035,630
3 bedrooms3 BR $1,318,663 +1.5% $1,299,067 $1,308,357 $1,336,156
4 bedrooms4 BR $2,855,400 +21.3% $2,354,735 $2,297,528 $2,197,292

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Listing Provided By:

Gregg Hanifin

Remax Affinity Plus MI

Phone
This $1,275,000 Commercial Property at 3100 OVERSEAS HIGHWAY in Key West, FL is offered by Gregg Hanifin. This $1,275,000 Commercial Property, located in the 33040 zip code, has the following property features: Taxes, Property Type. This 3100 OVERSEAS HIGHWAY Commercial Property is listed under MLS listing number 2215287 and has a listing price of $1,275,000. You can find more of Gregg Hanifin's listings by browsing Gregg Hanifin homes for sale at HomesAndLand.com, or even more Key West homes for sale here.

Data Provided by Marco Island Area Association of Realtors