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81900 Overseas Highway A
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PRICED AT ONLY: $2,950,000

Address: 81900 Overseas Highway A, Islamorada, FL 33036

Description

Prime downtown Islamorada commercial property featuring 5,232 SF of retail space across four bays on a 15,000 SF large corner lot with excellent US 1 frontage. More than 50 years of continuous retail use makes this a well known and highly visible location with both strong drive by exposure and pedestrian access. Village Center zoning allows for future expansion or mixed use possibilities, including second story development or workforce housing (subject to approvals). Two long term tenants are currently in place and would like to remain, offering stable income for the next owner. The third and fourth bays are currently vacant and available for immediate use or lease an ideal opportunity to secure new tenants or owner occupancy before the holiday season.

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More Like This
  • MLS#: RX-11136670 ( Retail )
  • Street Address: 81900 Overseas Highway A
  • Viewed: 3
  • Price: $2,950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1975
  • Bldg sqft: 0
  • Days On Market: 3

Description

Prime downtown Islamorada commercial property featuring 5,232 SF of retail space across four bays on a 15,000 SF large corner lot with excellent US 1 frontage. More than 50 years of continuous retail use makes this a well known and highly visible location with both strong drive by exposure and pedestrian access. Village Center zoning allows for future expansion or mixed use possibilities, including second story development or workforce housing (subject to approvals). Two long term tenants are currently in place and would like to remain, offering stable income for the next owner. The third and fourth bays are currently vacant and available for immediate use or lease an ideal opportunity to secure new tenants or owner occupancy before the holiday season.
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Features
Building and Construction
  • Absolute Longitude: 80.634192
  • Construction: CBS, Concrete
  • Flooring: Concrete
  • Roof: Built-Up
  • Sqft Source: Tax Rolls
  • Total Building Sqft: 5232.00
  • Type Of Building: Commercial, Income, Retail, Shopping Center
Property Information
  • Property Desc: Commercial
  • Property Group Id: 19990816212135227274000000
Eco-Communities
  • Waterfront Details: None
Utilities
  • Air Conditioned: 100.00
  • Cooling: Central
  • Fire Protect: Smoke Detector
  • Heating: Central, Central Building
  • Number Of Meters: 3.00
  • Num Of Stories: 1.0
  • Security: Burglar Alarm
  • Utilities: Electric, Public Sewer, Public Water
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Common Area Maint., Electric, Insurance
Other Features
  • Avail Docs: None
  • Avail Info: Owner managed
  • Country: United States
  • Legal Desc: STRATTONS SUBD PB2-38 UPPER MATECUMBE SE'LY 150' OF LOT 1 SQR 3 G24-94 G36-507 OR552-947 OR983-102 OR1383-2098/99 OR1419
  • Miscellaneous 2: Traffic Heavy
  • Parcel Id: 00399260000100
  • Possession: At Closing
  • Sale Includes: Building and Land
  • Use: Retail
  • Zoning: VC
Nearby Subdivisions
Lower Mat Bch (74.0)   Mat Ocean Bay (75.0)   Mat Sandy Bch (75.0)   Matecumbe Ocean Bay (75.0)   Misc Condo Upper Mat (82.0)   Misc Plantation Key (85.0)   Misc Upper Matacumbe (82.0)   Ocean View (82.5)   Plant Beach (87.5)   Plant By The Sea (87.5)   Strattons (82.5)   Strattons Subd   The Key (80.5)   Treasure Harbor (86.5)  
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