87462 Old Hwy, Islamorada, FL 33036

$1,150,000

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Sold Price
$1,150,000
List Price
$1,375,000

Property Description

Introducing a RARE and exceptional opportunity in the heart of Islamorada, FL. This clean, vacant commercial property boasts an impressive 400 feet of frontage along both US1 and Old Highway, offering unparalleled visibility in a highly sought-after location. With a total of 33,904 square feet of vacant land, this property comprises four separate mixed-use parcels, as well as one parcel zoned for medium-density residential use according to the FLUM map. Buyer to verify development options. Situated in close proximity to a new major development, and less than 5 miles away from the renowned Founders Park, which offers a marina, boat ramp, and an array of recreational amenities, this property is ideally positioned for maximum exposure and accessibility. The entire property is fully fenced in, providing security and privacy, and is ready for development, offering a blank canvas for your commercial vision. The seller has already prepared plans for a commercial building with less than 1,000 square feet, providing a convenient starting point for potential buyers. Furthermore, a comprehensive survey and vegetation survey have been completed, ensuring a smooth and informed development process. All five parcels are included in the sale, presenting a unique and versatile investment opportunity in the coveted Florida Keys. Don't miss out on this chance to acquire prime commercial real estate in one of Islamorada's most desirable locations. Seize the opportunity to become a part of this thriving community and unlock the potential for a prosperous venture in this vibrant coastal paradise.

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Listing Courtesy Of American Caribbean Real Estate, Christie's International Real Estate, Contact: 305-451-4078

Selling Office: .