Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Business Opportunity Only No Re Key Colony Beach, FL 33051

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $195,000

    Established, cash-flowing business in the Florida Keys ready for immediate profitability.

    Type:Business Opportunity
    Added:
    Feb 14, 2025
    Days on Market:
    442
    Last Refresh:
    Jan 20 at 10:18 am

    Property Features for Business Opportunity Only No Re

    General Information

    Standard status
    Active
    Property subtype
    Business Opportunity

    We can help!

    Listing Contact
    Joshua James Mothner

    Listing agent Joshua James Mothner License #659317

    Listing office Coldwell Banker Schmitt Real Estate Co.

    Listing date Feb 14, 2025

    Source Exprealty

    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 Coldwell Banker Schmitt Real Estate Co.

    Overview

    Profitable Business Opportunity in Florida

    This is an opportunity to own a well-established, cash-flowing business in the Florida Keys market. Island Repair, Inc. features relationships with hot tub manufacturers and provides full-service installation and repair expertise. It services existing accounts from Key West to Key Largo, indicating high demand in a premium market. Growth potential exists through additional service offerings, expansion of sales operations, and increasing accounts with additional personnel. The business is offered with all equipment, an inventory of parts, current accounts, name, phone numbers, and a website. A 2015 Mercedes Benz Sprinter Van, fully outfitted for the job, is negotiable. The owner will provide up to 60 days of training and onboarding and may be engaged in an ongoing consulting capacity. This business has immediate earning potential.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Key Colony Beach
    County
    Monroe
    State
    Florida
    Longitude
    -81.0216
    Latitude
    24.7226

    Nearby Similar for Sale

    • $3,250,000
      4,478 SF

      Canal-Front Duplex with Rental Potential

      7-bedroom, 7-bath canal-front duplex with income potential.
      580 & 590 10th Street, Key Colony, FL 33051
      View Details
    • $1,848,000
      2,528 SF

      Waterfront Duplex: Turnkey Income Property

      Turnkey waterfront duplex generating approximately $100K annually in rental income.
      461 & 471 3rd Street, Key Colony, FL 33051
      View Details
    • $1,849,000
      2,540 SF

      Waterfront Duplex with Rental Potential

      Renovated duplex in Key Colony Beach with excellent rental income.
      330-340 4th Street, Key Colony, FL 33051
      View Details
    • $845,000
      1,040 SF

      Waterfront Retreat in Key Colony

      2-bedroom, 2-bath waterfront retreat with open bay views and docks.
      47 Sadowski, Key Colony, FL 33051
      View Details

    FAQs

    What type of property is this?
    Specialty property - Established, cash-flowing business in the Florida Keys ready for immediate profitability.
    Where is this specialty property located?
    The property is located at Business Opportunity Only No Re Key Colony Beach, FL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Established, cash‑flowing business with immediate profitability in the Florida Keys.; Full‑service installation and repair expertise with strong manufacturer relationships.; Includes equipment, inventory, current accounts, name, phone numbers, and website.
    (305) 942-9519
    We can help!
    Listing Contact
    Joshua James Mothner
    Real Estate License ID: 659317
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Business Opportunity Only No Re, Key Colony, FL, 33051

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!