Investment Opportunity, Self-Storage Facility with excellent exposure to passing traffic located directly on US Highway 1 near mile marker 10 just outside the city of Key West. Built in 2020 with 90 climate-controlled internal storage areas of various sizes both lockers & traditional units with up & over doors, approved 11 external stackable containers or open parking for trailers & RVs. Elevated 3-story building with a poured concrete foundation, concrete steel frame, impact resistance windows and doors. Completely gated lot approximately 22,500sq.ft., building size approx. 6912sq.ft. with security, fire sprinkler system in place, lift elevator, 2 staircases, office and restroom. Please do not disturb business.
Four parcels of Commercial sale with one Commercial Building operated by an Insurance Company, one single-family home, and Two individual lots with Boat Business and a Commercial Building on the lots. The property has a complete rent roll: MiG 13/Biscayne Insurance- $11,000 per mo/ 3% escalation Effective 10/1/2018- Current. Boat Rental & Detail $5,000 per mo/ 3% escalation Effective April 2021- Current. 645 Ponce De Leon/ Single family residence 3/3 $3,000 per mo/ 1 year lease w 1yr option. DO NOT DISTURB TENANTS WITHOUT PRIOR APPROVAL.
Rare chance to acquire an iconic restaurant, bar, and retail opportunity, with a uniquely versatile 5 COP unrestricted Liquor License. The sale includes real estate, renovated building, and a spacious 4+ -bedroom, 2-bathroom apartment on the second floor currently listed on Airbnb. The property boasts a large indoor bar and dining area with air conditioning, as well as an outdoor bar with a stage for live performances. Situated on the highly visible Overseas Highway, it offers over 340 feet of highway frontage, a prominent billboard for southbound traffic, and a historic neon sign visible to northbound travelers. There is plenty of parking for both employees and customers, and the property underwent major renovations between 2016 and 2017, with additional upgrades made recently. Included in the sale are all furnishings, fixtures, restaurant and liquor store equipment, coolers, and a unique 5 COP unrestricted liquor license, and inventory. The property also includes a transferable city of Marathon Market Rate TBR (Transferable Building Right.) and is licensed for 157 seats, covering both indoor and outdoor areas.Despite its established reputation for cold drinks, great food, a pub atmosphere, arcade games, and live music, there is still room for significant growth with hands-on ownership. This property offers a solid foundation and excellent potential for further expansion and success.The Overseas Pub& Grill has played a significant role in Marathon for over 70 years. Most recently the establishment has become the center of a robust philanthropic effort, spearheaded by key personnel, raising considerable funds for those needing help, both near and far.
Welcome to the Seaport Inn, where timeless island charm meets modern comfort in the heart of Old Town Key West. With six luxurious bedrooms, each boasting en suite bathrooms and kitchen facilities, this historic gem offers unparalleled convenience and privacy. Whether you seek a tranquil retreat or an investment opportunity, the Seaport Inn beckons with its unique features. Prime Location: Situated just one block from the iconic Historic Seaport boardwalk and a mere three blocks from the vibrant energy of Duval Street. Flexible Rental Options: With two transient rental licenses and four non-transient rental licenses, this property presents a myriad of rental possibilities. Excellent opportunity for vacation rentals or consider the long term and/or employee rental possibilities. Expansive Lot & Outdoor Oasis: Spanning over 5000 square feet, the Seaport Inn boasts ample space for relaxation and entertainment. Take a refreshing dip in the large pool, sip cocktails at the inviting tiki bar, or bask in the serenity of lush tropical landscaping. Historic Charm: Steeped in history and architectural beauty, the Seaport Inn exudes timeless charm and character. Immerse yourself in the rich heritage of Key West while enjoying modern amenities and comforts.Perfect for savvy investors, hospitality entrepreneurs, or those seeking a slice of paradise to call their own, the Seaport Inn offers a rare opportunity to own a piece of Key Wests storied past while embracing its vibrant present. Dont miss your chance to experience the quintessential island lifestyle at the Seaport Inn.
Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of eight updated one-bedroom, one-bathroom units. 2 buildings situated on a 5,575 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.
Little Shops Off Duval is for sale! 6 commercial units and a 3 bedroom 2 bath apartment in the heart of the historic district. Corner of Front Street and Whitehead. Next to Mel Fisher museum and across the street from Audubon House.Current tenants include: Comedy Club, Kirbys Closet, Danger Charters, Gem store, Cayo Hair salon, Little Whitehouse Subs.Many improvements to the building in the last few years. City is building a new Park adjacent to property on Front Street. Location, Location, Location
Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee housing to a small boutique hotel with its own eatery. License for more than 200 seats with indoor and outdoor dining and plenty of parking ,opportunities like this in the heart of Islamorada are not available often. This is a must see and wont last .
Just under 4 Acres in the Lower Florida Keys with potential for 80 affordable housing units plus commercial spaces. Located in Big Pine Key, Florida, just 30 miles north of Key West. Align with the Livable CommuniKeys Master Plan for Big Pine Key. Seller is willing to advise Buyer on the plan to develop.
This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100 dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyers needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.
Concrete building with loading dock in the Seaport District of Old Town Key West. Currently used as retail/warehouse/workshop downstairs (approx. 5,000 SF) and office/storage/apartment on 2nd floor (approx. 3,750 SF). 9 parking spaces in front and on side. Loading dock and side ramp into building. Building has generator, propane tanks and 3 Phase electric for all kinds of commercial use. Elevated above flood plane. A lot of opportunity in this HRCC 2 zone.
EXTRAORDINARY RESTAURANT & BAR OPPORTUNITY! This historic and uniquely Key West indoor/outdoor restaurant and bar is in an ideal location in the heart of world-famous Duval Street. The current owners, sadly forced to sell due to personal health issues, have renovated the entire space and completed the grueling approval process that increased seating capacity and added significant value. The property, 2,695 SF of air-conditioned interior space with an additional 2,697 SF of usable shaded outdoor space, much of it covered, sits on a 4,470 SF tropically landscaped lot. The building has been transformed from the previous iconic French bakery, which was authorized for 71 seats and with only a beer and wine license, to a full service, all on one level, 128-seat destination restaurant, now with a 5COP Liquor License and full bar overlooking the electric energy of Duval Street. The renovation, led by one of Key Wests top architects and accomplished by one of Key Wests finest contractors, addressed all the major structural and maintenance issues and the result is simply stunning. The huge commercial kitchen is fully equipped and can easily service the 128 seats plus additional catering. All of the new tables, chairs, fixtures, equipment, professional landscaping, and lighting will convey with the sale. The current business and Bangkok Happy Bowl name, however, will NOT convey. This is an incredible turn-key opportunity as a new owner could begin serving cocktails and food the moment they walk away from the closing table! A full inventory and equipment list will be provided to qualified buyers.
One of a kind waterfront Medical Office Building in Key West on N. Roosevelt Blvd. Very visible 8,046 sf. CBS Building all ground level and in good condition. Great waterfront views overlooking Florida Bay and the Gulf of Mexico. Substantial renovations throughout ownership. Front of building has a covered mezzanine for loading. Interior divided up into medical lab offices, exam rooms, waiting room, full kitchen with appliances, 11 bathrooms and administrative offices all with central AC. Building sits on large 32,602 sf. lot has 155 of frontage and 42 parking spaces for ample parking for Doctors, employees and customers. Property has been divided up as a 6 unit condominium and condo docs are included. There is the potential for new buyer to sell off any unused space and recoup portion of the investment.Great location on the Blvd near all major shopping centers, many hotels and other office buildings. Only a mile and five minutes away for the local Hospital. Recent appraisal available to support asking price. Owners will also consider leasing the entire building, or at a min. lease approx. 5,000 sf. Asking rent is $38/sf. NNN. Contact list agent for details.
Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of nine units, including eight updated one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. 3 buildings situated on a 8,042 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.
Here is a rare opportunity of an Iconic Key Largo Property. This property is on the Oceanside of Downtown Key Largo with 500 ft of Deep water dockage that has direct ocean access. There is a 5,508 sq. ft. concrete building with concrete roof that is commercially zoned. Sale includes the commercial building, and over 62,000 sq. ft. of land that has gas and diesel tanks on the property and a pump to service boats. There is also a sewage pump out for boats . Currently 3 tenants are in place with active leases. Please DO NOT walk the property or bother the tenants.
DEVELOPERS DREAM! 4 parcels on the water with 11 ROGOs, 240 of water frontage, 10,000 sq. ft. of bay bottom. The properties are located on both sides of Hilton Haven Road. Amazing opportunity, call for appointment, please do not disturb tenants. Listing agent must accompany parties.
A rare and unique income producing Hotel in Marathon. Tropical Cottages is a boutique & very profitable Mom and Pop Motel. Total of 11 valuable Transient Licenses, 13 Rooms plus office with kitchen & check in room. There are 9 buildings on the property, 8 adorable free standing cottages and the main building with 3 rooms. Each room has been tastefully and tropically renovated inside and out. Each room is unique and comes fully furnished. Most of the units have small kitchenettes including sink with microwave and refrigerator. All units have refrigerator & microwave. Each of the cottages have shiny new Victorian shingle roofs. Additionally, there is a large Tiki Hut & Bar along with Food Truck with seating area. The Food Truck is leased for $5,000 per mos. and the Tiki Bar operations are owner operated. Both add to income and a great amenity for the guests. On site is a full laundry room with Commercial grade washers/dryers and storage rooms throughout. All housekeeping is done on site. Small but friendly efficient staff has been there long term and willing to stay on with new owners. There are a total of 6 lots encompassing over 1/2 acre of land, total .56 Ac or 24,384 sf. There is ample off street parking for guests. Zoning is GC and land use is recognized as Hotel/Motel. Bonus of Deeded waterfront access at the end of 61st St. which has a boat ramp and staging area for all types of watercrafts and sports. Same family ownership since 2010. Tropical Cottages was started back in the mid 1950s as a Fish camp and is one of the few remaining Mom & Pop Motels throughout the Florida Keys. Priced at just over 7% cap rate. Motel generates substantial Net income year after year to current owners. Sellers may consider Seller Financing to a qualified buyer and must have 40%-50% or more down payment. Terms to be negotiated.
TURN KEY INVESTORS DREAM! This incredible commercial mixed use property is offering top of the line quality materials, updates, attention to details and substantial revenue. The Tavernier hotel has been re-done inside & out. The property features tile floors throughout, new zebra shades, high impact windows and doors, 2023 shingle roofs, new pavers, new exterior lights, new plumbing, new electrical panel, new stucco and paint throughout the entire property, updated furnished & equipped residential units, new A\C units and market rent leases bringing in over $500,000 a year! 9 residential units leased at market value and 5 commercial units leased with long term tenants. Owner financing available at 7% with 50% down. DONT LOOK AWAY FROM THIS UNIQUE OPPORTUNITY TO OWN AN HISTORICAL LANDMARK IN TAVERNIER.
Fantastic high traffic and high visibility corner location on iconic Duval Street. Rare mixed-use opportunity just blocks from the Southernmost Point & the Hemingway Home and Museum. Two prime commercial spaces with large windows fronting on Duval Street and luxury residential spaces above. Built in 1948 and recently renovated! First floor is currently configured with one large retail/cafe space and a second smaller retail space along with offices, storage space and three half baths. The second floor offers a beautiful 3 bedroom, 2 bath apartment plus lockout 1 bedroom/1 bath. Residential space offers large private balcony overlooking Duval,Street perfect for people watching and parade viewing. Third floor level could be additional living space and features a private deck with treetop views. Frontage on Duval Street 64 ft and Catherine St frontage is 81.5 ft. Sale includes 50% interest in the parking lot at the corner of Catherine Street and Thompson Lane providing 6 plus parking spaces. HRCC-3 Zoning is a transient receiver zone. Purchase a transient license for the upstairs apartment to maximize investment potential. Do not disturb tenants, shown by appt. only.
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.
Step into Key West history with this remarkable property, available for the first time in generations! Located just a block from world-famous Duval Street and across from the Federal Courthouse, this property at 314 Simonton Street offers a unique blend of historic charm and modern potential. Originally a hotel with a Ford dealership on the ground floor, this three-level building is steeped in heritage. Even the legendary Ernest Hemingway chose it as his base, staying here for a month while awaiting delivery of his car in 1928. Currently set up and legally recognized as 8 units, an atrium, garage, and a pool, this property provides an unmatched opportunity for someone who loves trophy properties. Whether you envision a grand single-family estate or multi-unit living combined with commercial space on the lower level, the possibilities are endless.Dont miss the chance to own a piece of Key Wests past while shaping its future with this truly one-of-a-kind property.