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Listed price in listed location currency (USD).
$4,750,000

020

MLS® 617385

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 25 sqft
Garage No
Maintenance Fees 
Taxes $28,416
Days Active 15
Approx. Age 2018
Avg. Price Per Sqft $190,000
MLS® Number 617385

Property Address: 81984 Overseas Hwy, Islamorada, FL, 33036-3604

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Islamorada 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.
MLS® Number617385
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2018
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 20, 2025List Date
$4,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
81984 Overseas Hwy, Islamorada, FL

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