$1,495,000
$200K PRICE DROP

27001 Overseas Hwy Ramrod Key, FL 33042

Estimated payment $9,093/month

Total Views 21,460
1 Bed
2 Baths
1,234 Sq Ft
$1,212 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Jalousie or louvered window

About This Home

Prime Highway front property on Ramrod Key in the heart of the Lower Florida Keys. Located at Mile Marker 27 on Ramrod Key, this exceptional property encompasses three spacious lots with premium frontage on the Overseas Highway. With 28,132 square feet of land and street access on three sides, the property offers high visibility and excellent exposure on US 1. Zoned Suburban Commercial, this property allows for a wide variety of uses, making it perfect for entrepreneurs or investors seeking a versatile space. It includes a 1-bedroom, 1-bath concrete residence with 1,234 square feet of living space, as well as an additional concrete building featuring a half bath. The entire property is fully fenced. For over 40 years, the property has been home to a plant nursery. While the business is not included in the sale, the owner is open to selling the inventory to a buyer interested in continuing the nursery business. The property's accessibility and infrastructure further enhance its value. With access points from Coral Avenue and State Road 4A, it ensures seamless navigation for customers and deliveries. Two FKAA water lines are in place, including a dedicated irrigation line exempt from sewer return charges, providing cost-efficient water use. Opportunities for commercial real estate with Overseas Highway frontage are incredibly rare in the Florida Keys. With its strategic location, generous lot size, and established infrastructure, this property is ideally positioned to support a wide range of ventures, from retail and hospitality to professional services or a continuation of its nursery roots. Don't miss this chance to secure a prime piece of the Lower Keys' commercial landscape. For more information or to schedule a private tour, contact us today!

Last Listed By

Sandra Tuttle

Island Welcome Real Estate License #3093204 Listed on: 03/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,897

Year Built

  • Built in 1958

Lot Details

  • 28,132 Sq Ft Lot
  • Property is zoned SC - Sub Urban Commercial District

Parking

  • Off-Street Parking

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,234 Sq Ft Home
  • Jalousie or louvered window
  • Single Hung Windows
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Well
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Ramrod Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00207400-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,897

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00207390-000000
  • Additional Assessor Parcel Number 2: 00207410-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Ramrod Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 27.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8896.87
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1270709
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 28132.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1234.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Jalousie Windows, Single Hung Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Well
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00207400-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $949 $215,213 $213,869 $1,344
2022 $931 $215,213 $213,869 $1,344
2021 $701 $127,527 $126,183 $1,344
2020 $685 $127,527 $126,183 $1,344
2019 $660 $126,858 $125,514 $1,344
2018 $500 $82,084 $80,740 $1,344
2017 $391 $56,394 $0 $0
2016 $385 $56,394 $0 $0
2015 $378 $56,218 $0 $0
2014 $376 $56,111 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $1,495,000 -3.5% $1,212 / Sq Ft
04/06/2025 04/06/25 Price Changed $1,550,000 -8.6% $1,256 / Sq Ft
03/04/2025 03/04/25 For Sale $1,695,000 -- $1,374 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,200,000 None Listed On Document
Warranty Deed $1,200,000 None Listed On Document
Quit Claim Deed -- --
Warranty Deed $145,000 --
Warranty Deed $200,000 --
Deed $3,000 --
Source: Public Records

About the Listing Agent

Sandra Tuttle

Island Welcome Real Estate

(855) 970-3203

Section Image

Sandy Tuttle is a consistently ranked top real estate producer in the Florida Keys and a leader in the luxury market. Through 20 years of sales, she has facilitated several record-breaking sales, proving that the knowledge, experience, and problem-solving proficiency she cultivates from each deal are unmatched. Her award recognition is extensive, including at her previous company, where she ranked in the .5 percent of all Berkshire agents nationwide! Sandy’s designations include Luxury

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613999

APN: 00207390-000000