Property profile

86701 Overseas Hwy Islamorada, FL 33036

FOR LEASE
Community centers
Property ID
US18-0551788
10,334 SF 1.69 ac lot Built 1991
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1991
Total area 10,334 SF
Lot 1.69 ac (73,425 SF)
APN 00411080-000000
UPID US18-0551788

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
  • Restaurant
  • Grocery & Convenience Store Specialty Food Shop
  • (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store Specialty Food Shop
  • Art Studio

Location

86701 Overseas Hwy Islamorada, FL 33036
Islamorada metro Census 970800 KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
$867k
Blend (final) Blend
$680k

Owner & transaction history

since 2016
2 recorded transactions
2016
$1.4M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.1M +50.3%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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