81900 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036
sale
$2,950,000
|
Other
Courtesy Of Coldwell Banker Schmitt Islamorada
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 occupy before the holiday season.This is a rare opportunity to acquire a stable income-producing asset with long-term upside in one of the most supply-constrained markets in the Florida Keys.
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Property Features
- Age: 41-50 Years Old
- Appliance: None
- Architecture Style: Other
- Building Units: 3
- Floor Covering: Concrete
- Floors: 1
- Legal Description: 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
- MLSID: 617101
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
- View Type: Water
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