81984 Overseas Hwy, Islamorada, FL 33036, Islamorada, FL 33036
sale
$4,750,000
|
Retail
Courtesy Of Coldwell Banker Schmitt Real Estate Co.
Exceptional Islamorada, Florida Keys commercial investment opportunity. Established national retailer, West Marine, occupies the property under a long-term lease with renewal options, delivering a consistent and reliable 6.08% cap rate. The 9,990 SF building, constructed in 2018, is situated on a 30,000 SF parcel with US-1 frontage in the heart of downtown Islamorada. Site features include 32 on-site parking spaces, Village Center zoning, and excellent highway visibility. This is a rare opportunity to acquire a stable, income producing investment property in one of the most constrained commercial markets in the Florida Keys
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Property Features
- Age: 6-10 Years Old
- Architecture Style: Other
- MLSID: R11142211
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