Active
82705 Overseas Highway
Upper Matecumbe Key Islamorada FL, 33036
$6,500,000
$717.12 per sqft
Active
2 Beds
5 Baths
9,064 sqft
Commercial
Built in 1960
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.
611398
MLSⓇ ID
September 9, 2024
Listed
November 22, 2024
Updated
Map
82705 Overseas Highway
Upper Matecumbe Key Islamorada FL, 33036
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
5
Full Bathrooms
2
Half Bathrooms
3
Interior Features
Impact Rstnce Window, Impact Rstnce Doors
Appliances
Refrigerator, Range
Floor Description
Tile
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.01 Acres
Lot Features
1 Less Than 2 Acres
Roof
Metal Roof
Other Property Details
Area Name
23 - Upper Matecumbe
Taxes
$20,645
Tax Frequency
Annually
Days on Market
31
Association Amenities
Other
Garage
No
Parking
Off Street Parking, Trailer Storage
View
Yes
View Description
No Waterview
County
Monroe
Pool
No
Zoning
VC - Village Center
Listed by Gregory Dully with RE/MAX All Keys Real Estate
Listing Contact:
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Data last updated on 11/22/2024 at 10:07 PM UTC