$6,500,000
( )
$34,893 est/mo Sourced by Back At You82705 Overseas Highway , ISLAMORADA, FL 33036
ISLAMORADA, FL 33036
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.
Details
| MLS# | 611398 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 31 |
| Listing Provided By | RE/MAX All Keys Real Estate | Gregory Dully |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 5 Total |
| Story(s) | 2 |
| Building(s) | 3 |
| Zoning | VC - Village Center |
| Acreage | 1.01 |
| Property View | No Waterview |
Market Activity 33036
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | ISLAMORADA |
| Zip Code | 33036 |
| Area | 23 Upper Matecumbe |
| Community Name | Ocean View (82.5) |
| Listing VS Median (in Ocean View (82.5)) | |
Price: $6,500,000 low | high Med: $0 On Site: 31 low | high Med: | |
Listing Updated: October 9, 2024 at 6:52:34 AM PDT