21423 Overseas Hwy Cudjoe Key, FL $ 1,574,000
21423 Overseas Hwy
$ 1,574,000
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21423 Overseas Hwy

Cudjoe Key, FL, 33042
$ 1,574,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,691

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Commercial Property for sale in Cudjoe Key, FL

for $1,574,000. This building was built in 1980 on a lot size of 0.5.

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.

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Commercial Active

Price

$ 1,574,000

Property Type

Commercial

Taxes

$ 5,411

Style

Lot Size

0.5

Year Built

1980

Town/City

Cudjoe Key

County/Region

Monroe

MLS | Web ID

225065378

Features
General
Utilities Electricity Connected Sewer Connected Water Connected
Year Built 1980
Levels 1
Tax Year 2024
Business Type Professional/Office
Waterfront Features Salt Water
County Monroe
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Garage Y/N N
Status Active
City CUDJOE KEY
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 21780
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5411.79
Additional Parcels Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Exterior
Inclusions Building And Land
Lot Size Area 0.5
Spa N
Lot Size Acres 0.5
Waterfront Y/N Y
Covered Spaces 0
Horse Y/N N
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Interior
Total Stories 1
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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Internal Only
Street Number 1 21423
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* Excluded Features
List By
Exp Realty Llc

Broker

Affordability Calculator

$10,142
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,691
Monthly Property Taxes
$451
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023012 Elementary School
1023173 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2025$1,574,000 Listed Price

Map


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21423 Overseas Hwy, Cudjoe Key, FL, 33042 is a Commercial Property for sale at $1,574,000 with a lot size of 0.5. 21423 Overseas Hwy was built in 1980. The property's zip code is 33042 which is in Cudjoe Key, FL