$4,750,000 USD
Commercial for Sale, 81984 Overseas Highway, Islamorada, Florida 33036
- MLS#RX-11142211
- 2
928 m² (9,990 ft²)
Listed By Coldwell Banker Schmitt RE Co
The Commercial Property for Sale located at 81984 Overseas Highway, Islamorada, Florida 33036 is currently for sale. 81984 Overseas Highway, Islamorada, Florida 33036 is listed for $4,750,000. This property has 2 bathrooms.
Property features
Property
- Property size:
928 m² (9,990 ft²) - Features: Showroom
Lot/Land
- Land/Lot size:
4,047 m² (1 ac)
Construction
- Year built: 2018
- Roofing: Built-Up
- Construction: Cbs ConstructionConcrete/Block
Bathrooms
- Total bathrooms: 2
Interior Features
- Floors: Concrete
Security
- Features: Video Cameras Sprinkler SystemFire/SmokeSmoke Detector
Heating and Cooling
- Heating system: Central
- Cooling system: Central
Utilities
- Other utilities: City WaterPublic Sewer
Description
Exceptional Islamorada, Florida Keys commercial investment opportunity. Established national retailer, West Marine, occupies the property under a long-term lease with renewal options, delivering a consistent and reliable 6.08% cap rate.The 9,990 SF building, constructed in 2018, is situated on a 30,000 SF parcel with US-1 frontage in the heart of downtown Islamorada. Site features include 32 on-site parking spaces, Village Center zoning, and excellent highway visibility.This is a rare opportunity to acquire a stable, income producing investment property in one of the most constrained commercial markets in the Florida Keys
Location
81984 Overseas Highway, Islamorada, Florida 33036