82929 Overseas Hwy - Manufactured Housing/Mobile Housing FOR SALE


Islamorada, FL 33036
$7,500,000 USD
305-393-0994
82929 Overseas Hwy, Islamorada, FL for Sale
$7,500,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/8
null | Request Cap Rate

82929 Overseas Hwy
Islamorada, FL 33036


HIGHLIGHTS

  • 12 Market Rate Development Rights and 3,456 Non-Res Area
  • Downtown Heart of Islamorada Walkable to all Amenities
  • Zoned Village Center Allowing Multiple Uses

OVERVIEW

Introducing a rare opportunity to acquire a multi-residential property in the heart of Islamorada in the Florida Keys. Poised for redevelopment, the property currently boasts 13 residential units and one commercial building. Pending Village approval, options include reimagining existing structures to create a multi-residential and luxurious home village OR retain partial rights on the parcel and transfer remaining to other Village parcels for additional value. Strategically located - with dual frontage on US1 and Old Highway, the parcel locates future residents or tenants within effortless biking and walking distance of Islamorada's vibrant amenities including world class fishing, diving, dining, and watersports. This location offers a quintessential Florida Keys lifestyle. Find a win, through thoughtful redevelopment in the charmed Islamorada real estate market.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$625 USD /SF

# OF UNITS

12

PRICE/UNIT

$625,000

CAP RATE

Request Cap Rate

% LEASED

100%

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

12

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

Village Center

APN/PARCEL ID

00403630-000000,00403640-000000

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 Policy.