SQUARE FEET9,064
MLS#611398
STATUSContingent/Show
PROPERTY TYPECommercial - Business
SUBDIVISIONOcean View (825)
Property Description
7.7% Cap Rate at asking price! Prime income producing commercial property in the Heart of Islamorada! 100% tenant occupied with long term, TRUE NNN leases. 264 feet of frontage on Overseas Highway & 277 feet on the Old Hwy. Property offers 3 separate buildings. Building 1- Hardware store - retail use. Building 2- Boat Sales and service office with (2) 1 Bed / 1 Bathroom apartments on second floor. Building 3- Storage shed and workshop Total Gross Building Area: 9,124 Total Renovation and addition made in 2021, 2023. This property features ample parking with extensive open air boat storage.
Property Features
Property Type: Commercial - Business
Lot Size: 1.01 Acres
Roof Type: Metal Roof
Taxes: $20,176
Year Built: 1960
Feature Descriptions
Appliances: Refrigerator, Range
Days on Site: 543
Dockage: None
Exterior: CBS
Fee Includes: Other
Flood Zone: AE, AE,0.2 PCT ANNUAL
Flooring: Tile
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: No
Key/Island: Upper Matecumbe Key Islamorada
Listing Board: Florida Keys
Lot Dimensions: 264 x 150 x 277 x 167
Off Shore Island: No
Parcel #: 00403860-000000
Parking: Off Street Parking, Trailer Storage
Utilities: FKAA
Waterfront: None
Waterview: No Waterview
Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
Zoning: VC - Village Center
Listed By / Shown By
Listed By
Agency Name: RE/MAX All Keys Real Estate
Agency Phone: (305) 451-0060
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-253-8044
82705 Overseas Highway | MLS# 611398
This commercial property located at 82705 Overseas Highway, Islamorada, FL 33036 is currently listed for sale with an asking price of $6,500,000. Search Islamorada real estate on www.adamscameron.com today.