26450 Overseas Highway

Summerland Key, FL 33042

$14,990,000
Price
8,102,160 / 186
Lot Size / Acres
a view of a table and chairs in patio
a view of a city
a view of a golf course
a view of a lake with houses in back
a view of a swimming pool with a yard
an aerial view of residential house with outdoor space
a backyard of a house with lots of green space
an aerial view of a residential houses with outdoor space
an aerial view of a residential houses with outdoor space and street view
a view of a golf course with a lake
an aerial view of a house with a yard and garden
an aerial view of a house with a garden
an aerial view of a garden
an aerial view of multiple house
a view of a garden with plants
an aerial view of residential houses with outdoor space
an aerial view of a house with a yard
a view of a lake with a mountain view
an aerial view of residential house with outdoor space and trees all around
an aerial view of multiple house
a view of water heater room
a view of a swimming pool
a view of house with a yard and sitting area
a view of a house with a deck
a front view of a house with a porch
a view of a house with a small yard and wooden fence
a front view of a building with a garden
front view of house with a yard
a roof view with a garden space
a aerial view of a house with roof deck
a aerial view of a house with a yard
a front view of a house with a garden
front view of a house with a garden
a view of a building with a balcony
a front view of a house with a yard

Description

North Niles @ Ramrod Key: Premier Real Estate Development Opportunity in the Florida Keys. Located in the Florida Keys on Overseas Highway, Ramrod Key was named after a ship named Ramrod, which was wrecked on a reef south of the island in the early nineteenth century. Positioned at mile marker 26, North Niles at Ramrod Key is just 24 miles from Key West Airport. This prime property features over 1.5 miles of water frontage and is the largest single connected piece of land available in the Keys at...North Niles @ Ramrod Key: Premier Real Estate Development Opportunity in the Florida Keys. Located in the Florida Keys on Overseas Highway, Ramrod Key was named after a ship named Ramrod, which was wrecked on a reef south of the island in the early nineteenth century. Positioned at mile marker 26, North Niles at Ramrod Key is just 24 miles from Key West Airport. This prime property features over 1.5 miles of water frontage and is the largest single connected piece of land available in the Keys at 186 acres. It boasts the tallest bridge clearance from Key West to Marathon at 38 feet and the deepest boat basin at over 20 feet. With direct access to the Atlantic Ocean and Niles Channel, and over one mile of water frontage, this site is ideal for marine activities. Additionally, it offers almost half a mile of frontage on Overseas Highway, enhancing its visibility and accessibility. Zoning & Entitlements-Comprehensive zoning and entitlement due diligence has been completed for North Niles at Ramrod Key. The county has provided a Letter of Understanding (LOU) that outlines a path for developing 93,000 square feet of floor area and up to 9 homes, with the first Rate of Growth Ordinance (ROGO) already approved. The lots include a mix of habitats and zoning types, all of which have been documented and surveyed. Environmental studies and surveys are complete, confirming the land's suitability for development. Although the property includes more dwelling units than can be built due to clearing limitations, there is sufficient usable land. With dedication, additional ROGO points can be gained, expediting further development awards. Potential tax benefits from dedication or conservation easements add to the financial appeal of this investment. North Niles at Ramrod Key is the largest available developable tract in the Florida Keys, presenting a unique and exceptional opportunity for development in this sought-after region. Learn more at northniles.com
  1. Listed by Aron Price • Terra Real Estate LLC

Property Details for 26450 Overseas Highway

Waterfront
Yes
Waterfront
Oceanfront, Open Water
Zoning
SS - Sparsely Settled Residential District
Subdivision
Ramrod Shores Marina (27.0)
Directions
26450 Overseas Highway
LISTING UPDATED: 09/09/2024 09:31 PM

Property Details for 26450 Overseas Highway

StatusActive
MLS #610800
Days on Market128
Taxes$6,762 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVacant Land
Year Built-
Lot Size186.00 AC
CountyMonroe County

Building Information for 26450 Overseas Highway

Lot Size186.00 AC

Property Information for 26450 Overseas Highway

Summary
Location and General Information
  • Waterview: Ocean View
  • Area: 09 - Ramrod Key
  • Absolute Longitude: 81.420222
  • Control Depth: 7
  • Off Shore Island: No
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Mile Marker: 27.0
  • Marathon Neighborhood: N/A
  • Key/Island: Ramrod Key
Owner
  • Owner Name: Sunset Reef Holdings LLC
Taxes and HOA Information
  • Tax Year: 2023
  • Tax Exemptions: None
  • Assoc/Misc Info: Mandatory Home Owners Asc: No
  • Assoc/Misc Info: 1st Right of Refusal: No
Property
Lot Information
  • Parcel #: 00114170-000000
  • Total Lots: 7.0
Property and Assessments
  • Survey Available: Yes
  • Vegetation Survey: Yes
  • Miscellaneous Info: Mobile Home Lot: No
  • Legal: 31 66 29 Ramrod Key Pt Lot 1 Or493-539/40 Or674-539/40 Or758-460 Or777-1970 Or801-1681/83 Or822-1336/37 Or834-1858/60E
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • Flood Zone: AE,VE,AE,AE,AE,VE
  • Deed Restrictions: Unknown
  • Picture Count: 37
  • Document Count: 0
Interior and Exterior Features
Exterior Features
  • Dockage: Dock: Other

Property History for 26450 Overseas Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 26450 Overseas Highway

Taxable ValueLand$799,146Additions-Total$799,146
Tax Record2023$6,762 ($563 / month)
Home Facts
Lot Size596,838 SqFtStyleCommercialCountyMONROEAPN00114170-000000

Schools near 26450 Overseas Highway

This home is within Monroe.
Rating
School
Type
Grades
Distance
Sugarloaf School
Public - PK to 8
Lower Keys Academic Connections for Excellence
Public - 6 to 12
Big Pine Academy
Charter - PK to 5
Sigsbee Charter School
Charter - K to 8
Rating
School
Distance
Sugarloaf School
PublicPK to 8

Lower Keys Academic Connections for Excellence
Public6 to 12

Big Pine Academy
CharterPK to 5

Sigsbee Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 26450 Overseas Highway, Summerland Key, FL 33042

26450 Overseas Highway is a 186 ac of land for sale in Summerland Key, FL 33042. This property was listed for sale on July 18, 2024 by Terra Real Estate LLC, it's currently listed at $14,990,000. It has been on the market for a total of 128 days and was last sold on March 31, 2021. This listing's school district is Monroe. Nearby schools include Sugarloaf School, Lower Keys Academic Connections for Excellence and Big Pine Academy. 26450 Overseas Highway is a 0-bed, 0-bath, 186 ac of land on a 8,102,160 sq. ft. / 186 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Terra Real Estate LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.