82705 Overseas Hwy - Office/Residential FOR SALE


Islamorada, FL 33036
$6,500,000 USD
305-900-4232
82705 Overseas Hwy, Islamorada, FL for Sale
$6,500,000 USD
Office/Residential - FOR SALE
1/62
null | 7% Cap Rate

82705 Overseas Hwy
Islamorada, FL 33036


OVERVIEW

This property offers 3 separate buildings. Building 1– Hardware store - retail use, building 2- boat sales and service office with 2 affordable housing units on second floor, building 3– Storage shed and workshop. This property sits on 264 feet of frontage on the south side of the Overseas Highway & 277 feet on Old Hwy 100% Tenant occupied with long term NNN leases. Total Renovations and addition were made in 2021, 2023. This prime commercial property property features extensive open air boat storage and ample parking.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$712 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

VC

APN/PARCEL ID

-

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 Policy.