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80939 Overseas Hwy

2,044 SF Retail Building Islamorada, FL 33036 $4,500,000 ($2,202/SF)

Executive Summary

Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee housing to a small boutique hotel with its own eatery. License for more than 200 seats with indoor and outdoor dining and plenty of parking ,opportunities like this in the heart of Islamorada are not available often. This is a must see and won't last .

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,044 SF
Building Class
C
Year Built
1963
Price
$4,500,000
Price Per SF
$2,202
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.85 AC
Zoning
SC - Shopping Center
Frontage
175 FT on Overseas Highway

Amenities

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00096250-000000
Land Assessment
$873,204
Improvements Assessment
$473,695
Total Assessment
$1,346,899
  • Listing ID: 34083360

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 80939 Overseas Hwy, Islamorada, FL 33036

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