86560 Overseas Hwy - Service FOR SALE


Islamorada, FL 33036
$4,994,900 USD
305-525-2580
86560 Overseas Hwy, Islamorada, FL for Sale
$4,994,900 USD
Service - FOR SALE
1/12
null | Request Cap Rate

86560 Overseas Hwy
Islamorada, FL 33036


HIGHLIGHTS

  • Seller financing is available for qualified buyers.

OVERVIEW

This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

FOR SALE DETAILS

PRICE

$4,994,900 USD

PRICE/SF

$1,784 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

SC

APN/PARCEL ID

00091900-000100,00092070-000000

ASK ABOUT THIS PROPERTY

Publio LazcosReal Estate Sales ForceMore Info
305-525-2580

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Publio LazcosReal Estate Sales ForceMore Info
305-525-2580

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