Building Details

Tenancy Multi

Listing Agency: All Keys Commercial r***@allkeyscommercial.com Show Phone

Listed By: Gregory Dully · License #3420625 Show Phone

Source: Exprealty

Added: Oct 1 Changed: Oct 10 Last Checked: Oct 11 at 12:37PM

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Investment Insights

Based on property information with market context.

Unit 104 is a 790-square-foot retail space at Pelican Plaza, a shopping center with food and service businesses. On-site customer parking serves the plaza, and additional truck or trailer parking and storage may be available behind and along the west side of the center. Container storage may also be available.

The property fronts Overseas Highway (US 1) in Islamorada, directly across from Founders Park. Florida DOT traffic estimates cited for the location are approximately 23,441 vehicles per day.

Key Highlights

• 790 SF retail suite identified as Unit 104
• Pelican Plaza is directly across from Founders Park in Islamorada
• Overseas Highway/US 1 location with approximately 23, 441 vehicles passing daily, per Florida DOT estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Florist Hair Salon Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23,441 VPD

Traffic count

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

$3.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

57

Businesses Nearby

1k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Apparel 100%

Sundance Apparel

1,189 visits/mo 0.3 miles

Demographics for 33036, FL

3,541

Population

3,651

Households

1

Avg Household Size

56

Median Age

40%

College-Educated

97%

High-School Grad

5.8 sq mi

ZIP Area

611

Density / Sq Mi

$88,214

Median Household Income

$46,735

Median Earnings

$1,846

Median Rent

$995,600

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Unit 104 offers a flexible retail footprint in a plaza with on-site customer parking and food and service businesses.

Where is this retail space located?

The property is located at 104-86701 Overseas Hwy Islamorada, FL.

What is the lease rate?

The lease rate is $25 SF/Yr.

What are key features of this property?

This property features: 790 SF retail suite identified as Unit 104; Pelican Plaza is directly across from Founders Park in Islamorada; Overseas Highway/US 1 location with approximately 23, 441 vehicles passing daily, per Florida DOT estimates