200 Coppitt Rd Key West, FL 33040-5411
This exceptional commercial property, located at 200 Coppitt Rd, Big Coppitt Key, FL 33040, presents a unique investment opportunity. Priced at $1,100,000, this offering encompasses two parcels totaling 24,700 square feet, providing ample space for various commercial ventures. The property boasts 247 feet of frontage along Coppitt Road and a depth of 100 feet, ensuring easy access and high visibility. Two single-story concrete block buildings, totaling 3,063 net rentable square feet, are situated on the lot. Building #1 measures 1,613 square feet, while Building #2 offers 1,450 square feet. These buildings, constructed in 1990, are currently in poor condition. The property also includes additional storage trailers. The zoning, designated as SC - Sub Urban Commercial District, allows for a wide range of commercial uses. The property benefits from some visibility from the Overseas Highway, enhanced by a large billboard sign. The location offers convenient access, with Bayside Condos across the street, although Coppitt Road experiences relatively low traffic volume. The property has been under the same ownership since 1999. This sale includes real estate only
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Fred's Beds & Furniture Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.