COCO PLUM PLACE | 98275 Overseas Hwy
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COCO PLUM PLACE 98275 Overseas Hwy
1,200 SF Retail Building Key Largo, FL 33037 $1,095,000 ($912.50/SF) 5.94% Cap Rate
INVESTMENT HIGHLIGHTS
- US 1 Fontage
- Customers love it 4.5 Google review rating.
- Nice wooded setting
EXECUTIVE SUMMARY
This property has a history of hosting businesses that the community enjoys frequenting. Now, you have an opportunity to create your success in the community. The sale price includes the real estate and business opportunities. Nestled within a tropical setting, Coco Plum Place is a turnkey business located in Key Largo, Florida. It combines retail and healthy delights, making it a versatile investment. The retail section features unique custom handmade furniture from Bali, clothing, gifts, and kitchen items. The healthy delights section offers a variety of coffee drinks, teas, and freshly baked pastries. The building has excellent Keys character and had a recent upgrade with the addition of a new metal roof.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$294,112
|
$245.09
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $294,112 |
| Annual Per SF | $245.09 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
1,200 SF
Building Class
C
Year Built/Renovated
1944/1990
Price
$1,095,000
Price Per SF
$912.50
Cap Rate
5.94%
NOI
$65,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.72 AC
Zoning
Suburban Residential (SR) - Residential
Frontage
160’ on US 1
AMENITIES
- Corner Lot
NEARBY MAJOR RETAILERS
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COCO PLUM PLACE | 98275 Overseas Hwy
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