106240 Overseas Hwy - Office FOR SALE


Key Largo, FL 33037
$1,995,000 USD
305-731-0060
106240 Overseas Hwy, Key Largo, FL for Sale
$1,995,000 USD
Office - FOR SALE
1/22
null | Request Cap Rate

106240 Overseas Hwy
Key Largo, FL 33037


HIGHLIGHTS

  • One of the first buildings as you enter the Keys with prime US1 exposure.

OVERVIEW

One of the first high visibility buildings as you enter into Key Largo on just under a half an acre of commercial property. This yellow two story office has 3936 SqFt under a/c and 900 SqFt of covered porch/parking. The ground floor north side is 1,300 SqFt and is currently leased to the Visitor's Center. The ground floor south side is 1,200 SqFt and the second story is 1,400 SqFt available for lease at $51.00 per SqFt (this is the base price plus their percentage of taxes, insurance and maintenance costs). This property is available for purchase and/or lease. New metal roof was installed in 2024. The back two lots are fenced and currently used as a storage area. Assumable SBA 504 loan in the amount of approximately $1,642,000 with a 25 year amortization rate.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

SC

APN/PARCEL ID

00535840-000000

ASK ABOUT THIS PROPERTY

Bud CornellCornell Commercial Real Estate, Inc.More Info
305-731-0060

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Bud CornellCornell Commercial Real Estate, Inc.More Info
305-731-0060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.