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Property profile & analytics
FOR SALE
Industrial properties

74560 Overseas Hwy Islamorada, FL 33036

6,071 SF 0.42 ac lot Built 1983
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-0652257
Property summary
AI-generated overview

This exceptional commercial property, situated at 74560 Overseas Highway Unit 7 in Islamorada, Florida, presents a unique investment opportunity in the heart of the Lower Matecumbe area. Boasting a highly desirable location between the ocean and the gulf, this versatile building offers a diverse range of leasing options to suit various business needs. The property is ideal for entrepreneurs seeking a strategic commercial space in a thriving tourist destination. Its adaptability extends to include secure storage units, providing a valuable service to both residents and businesses. Furthermore, the property includes convenient docks, offering unparalleled waterfront access for maritime-related businesses or recreational activities. This presents a significant advantage for businesses requiring direct access to the water. The property is perfectly positioned to capitalize on the vibrant economy and tourism of the Florida Keys, offering a blend of commercial potential and the unique charm of island living. Note that utilities are an additional $495 per month. This is a rare opportunity to acquire a well-situated commercial property with significant income potential and diverse usage possibilities. The property is offered at $2395.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1983
Total area 6,071 SF
Lot 0.42 ac (18,500 SF)
APN 00394480-000105
UPID US18-0652257
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.29M
Comparable Approach Comparable
$971k
Blend (final) Blend
$1.23M
Owner & transaction history
74560 Sbh LLC · 5 yrs held
74560 Sbh LLC
since 2021
5 recorded transactions
2021
Price N/A
2021
Price N/A
2019
$2.5M
2017
$950,000
2000
$550,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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