Waterfront - Seller Financing - Lease to Own
Address
86560 Overseas Hwy, Islamorada, FL
Price
$ 6,849,000
Property Attributes
  • MLS#A11077948
  • TypeCommercial
  • CountyMONROE
  • CityIslamorada
  • Area98 Florida Keys
  • Zip33036
  • StyleIndustrial
  • Year Built1928
  • Taxes$ 7944
  • Price$ 6,849,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1080
  • Lot Size12 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

3 acres of spacious industrial land that allows for multiple uses. If you can imagine it, you can do it here! This property is set on a coral ridge that sits higher than the highway. It currently holds multiple businesses including a retail store, wood artist, landscape contractor, and a marine contractor. There are multiple buildings including a retail store on the highway, a smaller wood building with its own deck under the trees, ideal for a juice bar or small boutique restaurant, 2 commercial modular buildings and a mobile home. To round out this incredible opportunity, the seller is offering owner finance under the right terms. Islamorada is the jewel of the Keys and land is extremely limited, this may be a once in a lifetime opportunity to do all you want at this great location!

Price History
7/30/2021 Listed $7,300,000
1/8/2022 7% - $6,849,000

General Features

City Islamorada
Construction Materials Frame, Manufactured, Stucco
Cooling CentralAir
County Monroe County
Days on Market 359
Electric Item200AmpService
Finance Cash, Conventional, LeasePurchase, OwnerMayCarry
Heating Central, Electric
Lot Size Square Feet 130680.0
MLS Area 98 Florida Keys
Occupant Type Owner
Possession ClosingFunding
Property SubType Industrial
Property Type CommercialSale
Roof Metal
Sewer PublicSewer
Standard Status Active
Status Active
Street Name Overseas Hwy
Structure Type Industrial
Tax Annual Amount 7944.0
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11077948
Waterfront Features BayFront
Waterfront Y/N Yes
Year Built 1928
Year Built Details Resale
Zoning Description SC

Interior Features

Air Conditioning Y/N Yes
Flooring Other
Heating Y/N Yes

Exterior Features

Building Area Total 1080.0
Covered Spaces 0.0
Lot Size Acres 12.0
Lot Size Area 130680.0
Lot Size Units SquareFeet
Road Frontage Type Highway, MainThoroughfare
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33036

Price
AVG $3.34M
$6.85M
Taxes
AVG $9,543
$7,944
Visits
AVG 105
103
Year Built
AVG 1966
1928
Walkscore
AVG 27
24
Data Provided by Walkscore ® not using MLS data

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