88521 Overseas hwy - Retail FOR SALE


Islamorada, FL 33036
$6,500,000 USD
305-900-4232
88521 Overseas hwy, Islamorada, FL for Sale
$6,500,000 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

88521 Overseas hwy
Islamorada, FL 33036


OVERVIEW

Prime Commercial Property in the Heart of Islamorada. A rare opportunity to acquire a trophy commercial investment property in a highly desirable Upper Keys location. National anchor tenant (Kodiak Lumber) secured with a long-term NNN lease, plus six additional retail, office, and restaurant spaces occupied on month-to-month leases by long-standing tenants (15+ years). Located on one of the largest parcels on US-1 in Islamorada, this property offers outstanding visibility with 593 feet of frontage on both US-1 (Overseas Hwy) and Old Hwy and benefits from high daily traffic counts. Solid CBS construction, meticulously maintained buildings and grounds, and ample on-site parking for customers, staff, and commercial fleet. Zoned HC (Highway Commercial), allowing a broad range of uses including retail, office, service, and marine-related operations.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

38,064 SF

ZONING

HC

APN/PARCEL ID

00412690-000000

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.