82705 Overseas Hwy, Islamorada, FL 33036
- $5,875,000
- 2
- BD
- 5
- BA
- Sold Price
- $5,875,000
- List Price
- $6,500,000
Property Description
7.7% Cap Rate at asking price! Prime income producing commercial property in the Heart of Islamorada! 100% tenant occupied with long term, TRUE NNN leases. 264 feet of frontage on Overseas Highway & 277 feet on the Old Hwy. Property offers 3 separate buildings. Building 1- Hardware store - retail use. Building 2- Boat Sales and service office with (2) 1 Bed / 1 Bathroom apartments on second floor. Building 3- Storage shed and workshop Total Gross Building Area: 9,124 Total Renovation and addition made in 2021, 2023. This property features ample parking with extensive open air boat storage.
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Listing Courtesy Of RE/MAX All Keys Real Estate, Contact: 305-451-0060
Selling Office: .