24458 Overseas Hwy, Summerland Key, FL, 33042

24458 Overseas Hwy Summerland Key, FL 33042

24458 Overseas Hwy, Summerland Key, FL, 33042
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FOR SALE
Property Type:
Street Retail
Amount:
$849,000
Last Verified:
Feb 04, 2026

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Description

Rare opportunity to acquire a waterfront commercial property in Summerland Key servicing the Lower Keys. This highly visible location along US Highway 1 offers excellent accessibility, ample on-site parking, and valuable grandfathered highway signage. The building can be delivered free of a leasehold, making it ideal for office, retail, or service-based use. Strong traffic flow between Key West, Big Pine Key, and Marathon positions this property for a variety of future commercial applications. Please do not disturb current business operations.

Discover the allure of Summerland Key, FL, a charming coastal community with exceptional potential for Retail / Street Retail investment. Nestled between the serene waters of the Florida Bay and the Atlantic Ocean, the area boasts an inviting ambiance for retail establishments. Nearby attractions include the famous Looe Key Reef, perfect for attracting tourists and outdoor enthusiasts. The location also offers convenient access to locally-owned boutiques, waterfront restaurants, and bustling commercial areas. With its picturesque surroundings and growing economic opportunities, Summerland Key presents an ideal setting for a thriving retail venture.


Year Built: 1995
Building Size: 574sq ft
Lot Size: 0.27 acres

Map of 24458 Overseas Hwy, Summerland Key, FL, 33042

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.