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Islamorada Redevelopment Opportunity

82929 Overseas Hwy, Islamorada, FL 33036

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For Sale

$5,500,000

Prime Islamorada property with redevelopment potential in a desirable location.

Property size:

3,312 SF

Price / SF:

$1,660/SF

HighLights

Prime redevelopment opportunity in Islamorada's heart.
Zoned Village Center, allowing for broad redevelopment possibilities.
Includes 8 Market Rate Development Rights.
Features a commercial building with 3,312 nonresidential SF and attached work yard.
Located at the gateway to Islamorada, offering access to amenities.
Comprised of three parcels at 82925, 82929, and 82935 Overseas Hwy.

We can help!

Listing Contact

Elizabeth Jolin

For Sale

$5,500,000

Prime Islamorada property with redevelopment potential in a desirable location.

Property size:

3,312 SF

Price / SF:

$1,660/SF

Added:: Apr 4, 2025
Days on Market:: 443
Last Refresh:: Jan 20 at 10:11 am

Property Features for 82929 Overseas Hwy

General Information

Standard status: Active
Size: 3,312 SF

We can help!

Listing Contact

Elizabeth Jolin

Listing agent Elizabeth Jolin License #3502927

Listing office Coldwell Banker Schmitt Islamorada

Listing date Apr 4, 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 Islamorada

HighLights

Prime redevelopment opportunity in Islamorada's heart.
Zoned Village Center, allowing for broad redevelopment possibilities.
Includes 8 Market Rate Development Rights.
Features a commercial building with 3,312 nonresidential SF and attached work yard.
Located at the gateway to Islamorada, offering access to amenities.
Comprised of three parcels at 82925, 82929, and 82935 Overseas Hwy.

Overview

This unique property, comprised of three parcels situated at 82925, 82929, and 82935 Overseas Hwy in Islamorada, Florida, presents a significant redevelopment opportunity. The property is zoned Village Center, allowing for diverse redevelopment possibilities. Currently, the site features a combination of mobile homes, multiple apartments, and a commercial building. The Islamorada Village Planning Department recognizes 8 Market Rate Development Rights and 1 commercial building boasting 3,312 nonresidential square feet with an attached work yard. Located at the gateway to Islamorada, the property provides access to fishing, dining, diving, and shopping.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Islamorada
County: Monroe
State: Florida
Longitude: -80.6213156
Latitude: 24.9297725

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For sale
Commercial land
FL
Islamorada
33036
82929 Overseas Hwy

What type of property is this?

Commercial land - Prime Islamorada property with redevelopment potential in a desirable location.

Where is this commercial land located?

The property is located at 82929 Overseas Hwy Islamorada, FL.

What is the asking price?

The asking price for this property is $5,500,000.

What are key features of this property?

This property features: Prime redevelopment opportunity in Islamorada's heart.; Zoned Village Center, allowing for broad redevelopment possibilities.; Includes 8 Market Rate Development Rights.