74560 Overseas Hwy Islamorada, FL 33036
For Sale
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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.
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.