98250 Overseas Highway, Key Largo, FL 33037
$2,995,000
Property Type:
Commercial Sale
Baths:
2
Square Footage:
4,000
Lot Size (sq. ft.):
40,350
Status:
Active
Current Price:
$2,995,000
List Date:
11/20/2025
Last Modified:
11/20/2025
Description
A Commercial Real Estate opportunity in Key Largo, FL with unique median location offering double exposure and access. Operating as Markey's Marine & Auto Services, a one stop for sales, service, maintenance, parts to service Key largo, Tavernier, Islamorada and the expanded Upper Keys areas. This property is currently operated as an auto and marine shop property with large dry lot storage. The property improvements offer nicely updated and spacious reception/common area, multiple office/retail spaces, restrooms, 2,000 SF of additional mezzanine storage area, large work shop area with 18'+ ceiling height and overhead doors on each side of the building allowing for maximum ingress/egress. The exterior offers paved parking for approximately 25 vehicles plus an additional 20,850 SF +/- of land that is fully fenced and gated. The location, improvements, land area, and zoning allow for a wide range of uses. The unique median location offers dual exposure to both the North and South bound lanes of US 1 at mile marker 98 in the heart of Key Largo, FL.
More Information MLS# 617386
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $2,995,000
Listing Date: 2025-11-19
List Price: $2,995,000
Location, Tax & Legal
City: KEY LARGO
Mile Marker: 98
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X,0.2 PCT ANNUAL CHA
Alternate Key #: 1103454
Parcel #: 00090570-000000
Zoning: SC - Sub Urban Commercial District
Legal: 5 62 39 ISLAND OF KEY LARGO PB 1-59 PT LOT 2 G50-170 G50-172 OR48-375/76 OR47-51/52 OR138-377 OR530-380 OR646-380/82 OR9
Taxes: 15680.81
Tax Year: 2024
Street #: 98250
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Unplatted MM 97 - 107 (98.0)
County: Monroe
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: 269x150
Lot SqFt: 40350
Business Name: Markey's Marine
Total Units: 0
SqFt Source: Property Data Card
Building SqFt: 4000
Style: Commercial
Living Apx SqFt: 4000
Year Built: 1986
Half Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: A Commercial Real Estate opportunity in Key Largo, FL with unique median location offering double exposure and access. Operating as Markey's Marine & Auto Services, a one stop for sales, service, maintenance, parts to service Key largo, Tavernier, Islamorada and the expanded Upper Keys areas. This property is currently operated as an auto and marine shop property with large dry lot storage. The property improvements offer nicely updated and spacious reception/common area, multiple office/retail spaces, restrooms, 2,000 SF of additional mezzanine storage area, large work shop area with 18'+ ceiling height and overhead doors on each side of the building allowing for maximum ingress/egress. The exterior offers paved parking for approximately 25 vehicles plus an additional 20,850 SF +/- of land that is fully fenced and gated. The location, improvements, land area, and zoning allow for a wide range of uses. The unique median location offers dual exposure to both the North and South bound lanes of US 1 at mile marker 98 in the heart of Key Largo, FL.
Directions: in the median of US 1 at mile marker 98.2
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Auto Care: 1
Auto Sales: 1
Boat Care: 1
Boat Sales/Service: 1
Retail: 1
Fee Includes
None: 1
Dockage
None: 1
Accounts & Meters
# Sewer Accounts: 1
# Water Meters: 1
# Electric Meters: 1
Appliances
No Appliances: 1
Cooling
Central Air: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Concrete: 1
Laminate: 1
Tile: 1
Vehicle Storage
Garage: 1
Guest Parking: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
Steel Reinforced: 1
Land Size
1/2 - Less Than 1 AC: 1
Terms
Buyer Obtain Finance: 1
Utilities
Buyer to Verify: 1
Title
Title Ins - Buyer: 1
Miscellaneous
Fencing: 1
High Traffc Location: 1
Highway Frontage: 1
Overhead Doors: 1
Storage: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Deed Restrictions: Unknown
Type: Auto Care; Auto Sales; Boat Care; Boat Sales/Service; Retail
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Garage; Guest Parking; Off Street Parking; Trailer Storage
Cooling: Central Air
Utilities: Buyer to Verify
Appliances: No Appliances
Miscellaneous: Fencing; High Traffc Location; Highway Frontage; Overhead Doors; Storage
Construction: Steel Reinforced
Floor: Concrete; Laminate; Tile
Roof: Metal Roof
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Listing Office:
Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: November - 20 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.