Address
86500 OVERSEAS HIGHWAY Islamorada, FL
Price
$ 2,995,000
Property Attributes
  • MLS#U8079701
  • TypeSingle Family
  • CountyMONROE
  • CityIslamorada
  • AreaIslamorada
  • Zip33036
  • StyleIndustrial
  • Year Built1982
  • Taxes9800
  • Price$ 2,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10203
  • Lot Size1.32 Acres
Listing Provided Courtesy Of:
DALTON WADE INC
Data Source:
Stellar MLS
Property Description

PROPERTY WAS JUST APPROVED BY VILLAGE FOR 97 40 FEET CONTAINERS ON 10/16/20. That computes to 38,800 square feet. Thee only piece of commercial property available from key largo to Marathon. You can do almost anything here to include marijuana dispensary. Prime location in Islamorada Village for existing or new business. Perfect for a 1031 exchange. Various opportunities to do and build just about any type of commercial business. Rents on Island Aluminum can be improved greatly and are currently month to month. Island Aluminum receives reduced rent for collecting storage rentals which produces residual income from monthly boat and trailer rentals. The storage lot is full. There is also an apartment on the premises that can be used as an office or for mixed use. This is the last commercial property in the Islamorada Village that has very liberal zoning. New owner can install 10,000 square feet of new storage or tear down and build. Owners will finance with qualified buyers. PLEASE DO NOT DISTURB THE TENANTS.

Price History
12/21/2020 Listed $3,500,000
2/11/2021 8% - $3,250,000
2/27/2021 8% - $2,995,000

General Features

Business Type Manufacturing, Marine/Marina, Mixed, Storage, Warehouse
Construction Materials Block
Cooling Central Air
Levels Two
MLS Area 33036 - Islamorada
Property SubType Industrial
Property Type Commercial Sale
Special Listing Conditions None
Status Active
Terms Cash, Conventional, Private Financing Available
Total Num Buildings 1
Township 00
Year Built 1982

Exterior Features

Building Area Total 10203.00
Foundation Details Slab
Lot Size Acres 1.32
Lot Size Square Feet 56802
Road Frontage Type Highway, Main Throrughfare, State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33036

Price
AVG $2.94M
$3M
Taxes
AVG $9,867
$9,800
Visits
AVG 171
207
Year Built
AVG 1990
1982
Walkscore
AVG 21
24
Data Provided by Walkscore ® not using MLS data