82705 Overseas Highway , FL - ISLAMORADA
2 Beds, 2 Baths (full), Commercial
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.
Listing Summary for 82705 Overseas Highway
Price:
$6,500,000
Bedrooms:
2
Bathrooms:
2
Half Baths:
n/a
Square Footage:
n/a
Lot Sq. Ft.:
44,107
Year Built:
n/a
Property Type:
Commercial
Sub-Type:
Commercial
MLS® #:
611398
Status:
Active
Address:
82705 Overseas Highway
City:
Islamorada
State:
FL
Zip:
33036
County:
Monroe
Key:
Upper Matecumbe Key Islamorada
Side of Island:
Median
Community:
Ocean View
Mile Marker:
82.50
Tax Year:
2023
Date Listed:
09-09-2024
Additional Information
Is Waterfront:
No
Waterfront Type:
n/a
View
n/a
Has Pool:
n/a
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
n/a
Docakge Type:
n/a
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
n/a
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The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS data provided for the property above (611398) is provided courtesy of (RE/MAX All Keys Real Estate). Data last updated on 12-28-2024.
