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    Property profile & analytics

    85998 Overseas Hwy Islamorada, FL 33036-3300

    • Office buildings
    • 1,568 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Location Intelligence
    Property ID
    US18-2566306
    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

    • Office buildings

    Property Details for 85998 Overseas Hwy

    Year built
    1998
    Lot size
    0.22 lot acres
    Property size
    1,568 SF
    Property type
    Office buildings
    APN
    00405460-000000
    APU
    405460000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Islamorada
    County
    Monroe
    State
    Florida
    Longitude
    -80.5823
    Latitude
    24.955
    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
    $6,370
    $570,570
    $209,974
    $780,544
    -
    $570,570
    $209,974
    $780,544

    Comparable in this City

    • Value Estimation by Request
      3,010 SF

      85932 Overseas Hwy

      PROFESSIONAL BUILDING • 3,010 SF
      85932 Overseas Hwy, Islamorada, FL 33036-3300
      View Details
    • Value Estimation
      $355,000
      1,596 SF

      110 Porto Salvo Dr

      OFFICE BUILDING (MULTI-STORY) • 1,596 SF
      110 Porto Salvo Dr, Islamorada, FL 33036-3319
      View Details
    • Value Estimation
      $310,000
      980 SF

      160 Porto Salvo Dr

      OFFICE BUILDING (MULTI-STORY) • 980 SF
      160 Porto Salvo Dr, Islamorada, FL 33036-3319
      View Details
    • Value Estimation
      $285,000
      1,092 SF

      86801 Old Hwy

      OFFICE BUILDING • 1,092 SF
      86801 Old Hwy, Islamorada, FL 33036-3146
      View Details
    • Value Estimation by Request
      5,450 SF

      86490 Overseas Hwy

      OFFICE BUILDING • 5,450 SF
      86490 Overseas Hwy, Islamorada, FL 33036-3204
      View Details
    • Value Estimation
      $400,000
      1,200 SF

      81581 Old Hwy

      OFFICE BUILDING • 1,200 SF
      81581 Old Hwy, Islamorada, FL 33036-3711
      View Details

    Similar Nearby for Sale

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      Two-story Key West-inspired building with income potential in Islamorada.
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      Islamorada Office Space Available

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    • $1,899,000

      Islamorada Mixed-Use Commercial Property

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    • 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

      Commercial property with open storage area in Islamorada, Florida.
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      Islamorada Bayfront Commercial Gem

      Prime Islamorada location, multiple development options.
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    85998 Overseas Hwy
    Islamorada, FL 33036-3300
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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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