30200 Overseas Hwy Big Pine Key, FL 33043
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High-return retail center, 100% occupied.
Property size:
3,200 SFProperty Features for 30200 Overseas Hwy
General Information
- Property type
- Lifestyle centers
- Square Feet
- 3,200 SF
Listing Agency: Internet Realty/Florida Keys Inc (KW) Listing Agent: Curtis A Skomp
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional commercial investment opportunity presents a 3,200 square foot retail property situated at Mile Marker 30 on Overseas Highway in Big Pine Key, Florida (33043). Currently operating as a fully occupied multi-tenant shopping center and storefront, this property boasts a prime location with excellent visibility due to its 120-foot frontage on Overseas Highway and a depth of 167 feet. The property sits on a large 20,150 square foot lot (nearly half an acre), offering significant potential for expansion. The existing single-story building is currently leased to four tenants on month-to-month agreements, presenting an immediate opportunity to increase rental income. The asking price is $1,150,000, with a projected 5.00% cap rate. The property's commercial zoning allows for a variety of uses. Ample parking is available in front of the building and within the Florida Department of Transportation right-of-way. A large vacant area at the rear of the building provides additional potential for income generation through parking, storage, or the construction of additional structures. This property represents a rare opportunity, having not been on the market since 1977. This is a gross lease property with a remaining lease term of one year.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lifestyle centers
Location Insight
- Map
- Local Demand
- City
- Big Pine Key
- County
- Monroe
- State
- Florida
- Longitude
- -81.3614461
- Latitude
- 24.6693345
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FAQs
What type of property is this?
Lifestyle center - High-return retail center, 100% occupied.
Where is this lifestyle center located?
The property is located at 30200 Overseas Hwy Big Pine Key, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3,200 SF retail property in Big Pine Key, FL (33043) at Mile Marker 30 on Overseas Highway.; Fully occupied multi-tenant building with 120' of highway frontage and 167' depth on a 20,150 SF lot.; Four month-to-month tenants offer immediate income-growth potential.
