FL > Islamorada
Islamorada, FL 33036,81984 Overseas HWY
Islamorada, FL 33036,81984 Overseas HWY
Islamorada, FL 33036,81984 Overseas HWY
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Team At The Comerford Group

Team At The Comerford Group

+1(941) 586-3229
Listed by Coldwell Banker Schmitt RE Co
$4,750,000
Est. payment /mo
2 Baths
9,990 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 9,990 sqft

Price per Sqft $475

MLS Listing ID RX-11142211

Construction Status New Construction

Year Built 2018

Annual Tax Amount $28,416

Tax Year 2024

Lot Size 1.000 Acres

Property Sub-Type Retail

Property 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 7.58% 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

State FL

County Monroe

Area 5940

Zoning Village Center

Interior

Heating Central

Cooling Central

Flooring Concrete

Fireplaces Type Smoke Alarm, Smoke Detector, Sprinkler

Exterior

Community Features Presently Leased

Utilities Available Electric, Public Sewer, Public Water

Waterfront Description None

Roof Type Built-Up

Present Use Presently Leased

Building

Story 100.00

Foundation CBS, Concrete

Construction Status New Construction

Others

Security Features TV Camera

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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81984 Overseas HWY

Team At The Comerford Group
Team At The Comerford Group

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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