Technical
Financial
Distress signals
Property profile

200 Coppitt Rd Key West, FL 33040

OFF-MARKET
Retail space
Property ID
US18-4641308
1,450 SF 0.23 ac lot Built 1963
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Total area 1,450 SF
Lot 0.23 ac (10,000 SF)
APN 00150840-000000
UPID US18-4641308

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Location

200 Coppitt Rd Key West, FL 33040-5411
Key West metro Census 971700 KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$900k
CAP Approach CAP
by Request
Comparable Approach Comparable
$629k
Blend (final) Blend
$900k

Owner & transaction history

since 2024
Last sale
$900,000
2 recorded transactions
2024
$900,000
2005
$140,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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