81900 Overseas Highway Apt: A
Islamorada, FL 33036

Property

Ownership: Commercial
Type: Retail
Area: 5940 sq ft

Financials

Price:$2,950,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Coldwell Banker Schmitt RE Co

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.

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.

Unbranded Virtual Tour: http://tours.keyspropertyvisuals.com/vtnb/360318

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.