Historic Property in Everglades National
For Sale
$799,000
238 Mamie St, Chokoloskee, FL 34138
Commercial property with potential for tourism-related ventures in the Everglades.
Property Size1,722 SF
Lot Size0.29 Acres
Price / SF$463
Days on Market589
Property Features for 238 Mamie St
General Information
Standard status
Active
Size
1,722 SF
Lot size
0.29 Acres
Taxes and HOA fees
Annual Taxes
$1,652
Listing Agency:
Epique Realty, INC
(888) 893-3537
Listed By:
Craig Daniels
(239) 227-7186
Source:
Exprealty
Added: Feb 25, 2025
Changed: Oct 4
Last Checked: Oct 5 at 7:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Realty, INC
Investment Insights
Based on property information with market context.
The property, located at 238 Mamie Street, Chokoloskee, FL, is a historic site in the Everglades National Park. The 1,722 square foot commercial building, constructed in 1963, is suited for ventures such as a restaurant, gift shop, or eco-tourism center. Outdoor seating enhances its atmosphere. The location provides access to three marinas and the 10,000 Islands. A new Everglades National Park building is planned for the area. The property includes a 3-bedroom, 2-bath mobile home and a 1-bedroom, 1-bath apartment. There is potential to acquire additional housing, including a 3/2 single-family home, a 2/2 trailer, and an extra lot. The property features frame construction, a metal roof, municipal water, and municipal sewer. Handicap features are present for accessibility. The property is located near the Smallwood Store & Museum.
Key Highlights
- Historic Florida site in the heart of Everglades National Park with limitless potential for tourism‑related ventures.
- Includes a commercial building suitable for a restaurant, gift shop, or eco‑tourism center.
- On‑site living accommodations: a 3‑bedroom, 2‑bath mobile home and a 1‑bedroom, 1‑bath apartment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,999
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,980
$680.0K
Cap Rate 7%
$485,700
$485.7K
Cap Rate 9%
$377,767
$377.8K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$46.5K $27.00/SF
− Vacancy
−$1.2K −$0.68/SF
EGI
$45.3K $26.33/SF
− OpEx
−$11.3K −$6.58/SF
NOI
$34.0K $19.74/SF
Area
Collier County, FL
Vacancy
2.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,980
Cap Rate 7%
$485,700
Cap Rate 9%
$377,767
Alternative Uses
Best Use
Specialty Retail
$485.7K
$425.0K – $566.7K
NOI $33,999 @ 7.0% cap · market cap 4.26%
Second Best
Hotel Hospitality
$115.7K
$101.2K – $135.0K
NOI $8,098 @ 7.0% cap · market cap 1.01%
Theoretical Best
Office A
$691.1K
$604.7K – $806.3K
NOI $48,378 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 34138, FL
346
Population
590
Households
0.6
Avg Household Size
60
Median Age
100%
High-School Grad
0.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$95,712
Median Household Income
$48,576
Median Earnings
$220,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hospitality property - Commercial property with potential for tourism-related ventures in the Everglades.
Where is this hospitality property located?
The property is located at 238 Mamie St Chokoloskee, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Historic Florida site in the heart of Everglades National Park with limitless potential for tourism‑related ventures.; Includes a commercial building suitable for a restaurant, gift shop, or eco‑tourism center.; On‑site living accommodations: a 3‑bedroom, 2‑bath mobile home and a 1‑bedroom, 1‑bath apartment.
