81900-81906 Overseas Hwy - Retail FOR SALE


Islamorada, FL 33036
$2,950,000 USD
305-393-0994
81900-81906 Overseas Hwy, Islamorada, FL for Sale
$2,950,000 USD
Retail - FOR SALE
1/12
null | 4% Cap Rate

81900-81906 Overseas Hwy
Islamorada, FL 33036


HIGHLIGHTS

  • Overseas Hwy Frontage
  • 5,232 SF Retail Space
  • Desirable Corner Lot with Over 50 Years Retail Tenancy

OVERVIEW

Located in the heart of Downtown Islamorada, 81900 Overseas Highway offers a rare chance to acquire a proven retail asset with more than 50 years of continuous commercial tenancy. Positioned on a large corner parcel with exceptional US-1 frontage, the property benefits from both strong vehicular exposure and walkable access within Islamorada’s core commercial district — an area poised for continued growth and redevelopment. The 15,000 SF property offers 5,232 square feet of leasable space configured into four retail bays, supporting diversified tenancy and income stability. Longstanding retail occupancy demonstrates enduring demand for quality space in this market, underscoring the property’s role as a recognizable fixture within the community. Village Center (VC) zoning further enhances long-term value by permitting opportunities such as second-story expansion, mixed-use enhancement, or workforce housing components, subject to approvals — unlocking potential for increased revenue and future repositioning.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$564 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

MU

APN/PARCEL ID

00399260-000100

ASK ABOUT THIS PROPERTY

Elizabeth JolinColdwell Banker Schmitt Real Estate Co.More Info
305-393-0994

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Elizabeth JolinColdwell Banker Schmitt Real Estate Co.More Info
305-393-0994

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