88101 Old Hwy - Office FOR SALE


Islamorada, FL 33036
$1,275,000 USD
305-900-4232
88101 Old Hwy, Islamorada, FL for Sale
$1,275,000 USD
Office - FOR SALE
1/43
null | Request Cap Rate

88101 Old Hwy
Islamorada, FL 33036


HIGHLIGHTS

  • MULTI-FUNCTIONAL OFFICE BUILDING – INCOME PRODUCING Highway Frontage • Professional Layout • Onsite Parking
  • INCOME-PRODUCING MIXED-USE OFFICE PROPERTY 7 Lockable Offices with Conference Rooms, Kitchens & Parking
  • Two Story, 9 Parking Spots

OVERVIEW

Looking to purchase your own office space while also generating rental income? This property delivers both. Located in Islamorada, this two-story Key West/Conch-inspired building is zoned for mixed-use highway commercial. 50 feet of frontage along the Overseas Highway, providing strong visibility and signage potential. The exterior is accented by mature landscaping, with parking that includes four spaces in front of the building (per survey, now landscaped) and nine more spaces in the rear with direct access from Old Highway. Inside, the building offers a bright reception area and functional layout. The second floor features 5 one-room offices with a shared kitchenette and half bath, providing the potential of consistent income from annual or month to month tenants. On the ground level, the owner's suite includes a private office, a small meeting room, and a larger executive-style conference room, along with its own kitchenette and half bath. There is one additional office and locked storage room down another set of stairs bringing the total to 7 private offices and two conference rooms. Positioned in a central Upper Keys location, the property is just minutes from local courthouse, downtown Islamorada and Tavernier, with convenient access to local restaurants, shopping, and Founder's Park. With the space for an owner's own office and conference room this property presents an excellent investment in one of the most desirable areas of the Florida Keys.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$568 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two-Story Office Building Investment Property

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,000 SF

ZONING

HC

APN/PARCEL ID

00412770-000000

ASK ABOUT THIS PROPERTY

Greg DullyRE/MAX All Keys Real Estate - Commercial TeamMore Info
305-900-4232

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Greg DullyRE/MAX All Keys Real Estate - Commercial TeamMore Info
305-900-4232

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