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    Property profile & analytics

    82790 Overseas Hwy Islamorada, FL 33036-3601

    • Retail properties
    • 8,526 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    $2,105,000
    Last Sale
    Jul 20, 2021
    $2,050,000
    Location Intelligence
    Property ID
    US18-2529678
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail properties

    Property Details for 82790 Overseas Hwy

    Year built
    1960
    Lot size
    1.15 lot acres
    Property size
    8,526 SF
    Property type
    Retail properties
    APN
    00402130-000000
    APU
    402130000000

    Description

    This exceptional commercial property, located at 82790 Overseas Hwy, Islamorada, FL 33036, presents a unique investment opportunity. The single-story building boasts 8,526 square feet of net leasable retail space situated on a substantial 1.14-acre lot (50,007 sq ft). Constructed in 1960, the property benefits from a highly visible 200-foot frontage on US Highway 1, ensuring excellent exposure to traffic flowing in both north and southbound directions. Large signage opportunities further enhance visibility and brand recognition. The property is zoned VC (Village Center), allowing for a variety of commercial uses, including low and medium-intensity office space, retail establishments, and service businesses. Ample parking is available on-site, catering to both customers and employees. This prime location in the heart of Islamorada offers significant potential for a wide range of commercial ventures. The property is a Net, Net, Net (NNN) lease.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,095,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,830,000
      6.5%
      $1,985,000
      7%
      $1,855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,230,000
      Geo Method
      $2,220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,935,000
      Retail
      $1,770,000
      Mixed-Use
      $1,985,000
      Hospitality
      $2,100,000
      Educational
      $2,045,000
      Residential Income
      $2,160,000
      Energy
      $2,175,000
      Income-Based Land
      $2,035,000
      Food Service
      $2,080,000

    Location Insight

    • Map
    • Local Demand
    City
    Islamorada
    County
    Monroe
    State
    Florida
    Longitude
    -80.6232
    Latitude
    24.9293
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,505
    $997,500
    $661,933
    $1,659,433
    -
    $997,500
    $661,933
    $1,659,433

    Comparable in this City

    • Value Estimation by Request
      1,840 SF

      80625 Overseas Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,840 SF
      80625 Overseas Hwy, Islamorada, FL 33036-3819
      View Details
    • Value Estimation by Request
      4,480 SF

      86500 Overseas Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,480 SF
      86500 Overseas Hwy, Islamorada, FL 33036-3201
      View Details
    • Value Estimation
      $385,000
      6,041 SF

      250 Industrial Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,041 SF
      250 Industrial Dr, Islamorada, FL 33036
      View Details
    • Value Estimation
      $270,000
      1,019 SF

      151 Morada Way

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,019 SF
      151 Morada Way, Islamorada, FL 33036-3798
      View Details
    • Value Estimation
      $335,000
      3,856 SF

      87805 Overseas Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,856 SF
      87805 Overseas Hwy, Islamorada, FL 33036-3075
      View Details
    • Value Estimation
      $295,000
      621 SF

      82760 Overseas Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 621 SF
      82760 Overseas Hwy, Islamorada, FL 33036-3601
      View Details

    Similar Nearby for Sale

    • New
      $2,200,000

      Islamorada Restaurant with Liquor License

      Turnkey restaurant opportunity with high visibility and flexible zoning.
      81901 Overseas Hwy Upper Matecumbe Ky, Islamorada, FL 33036
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    • New
      $2,200,000

      Islamorada Commercial Property For Sale

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      Exceptional investment opportunity with restaurant/bar and development potential.
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      Turnkey Upholstery Business Opportunity

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    • $2,950,000

      Islamorada Retail Space For Sale

      Prime commercial property with retail space and future expansion potential.
      81900 Overseas Hwy Upper Matecumbe Ky, Islamorada, FL 33036
      View Details
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    Islamorada, FL 33036-3601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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