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    86500 Overseas Highway

    Islamorada, FL 33036
    • $2,995,000
    • STATUS: Active
    • ON SITE: 420 days
    • MLS #: U8079701
    UPDATED: 18 min ago
    $2,995,000
    • 0
      BEDS
    • 1.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1982
    County:
    Area:

    School Ratings & Info

    Description

    PROPERTY WAS JUST APPROVED BY VILLAGE FOR 97 40 FEET CONTAINERS ON 10/16/20. That computes to 38,800 square feet. Thee only piece of commercial property available from key largo to Marathon. You can do almost anything here to include marijuana dispensary. Prime location in Islamorada Village for existing or new business. Perfect for a 1031 exchange. Various opportunities to do and build just about any type of commercial business. Rents on Island Aluminum can be improved greatly and are currently month to month. Island Aluminum receives reduced rent for collecting storage rentals which produces residual income from monthly boat and trailer rentals. The storage lot is full. There is also an apartment on the premises that can be used as an office or for mixed use. This is the last commercial property in the Islamorada Village that has very liberal zoning. New owner can install 10,000 square feet of new storage or tear down and build. Owners will finance with qualified buyers. PLEASE DO NOT DISTURB THE TENANTS.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-05-17T17:40:55.11.
    www.pepinerealestate.com/homes/104386422
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    86500 Overseas Highway Islamorada, FL 33036

    • Price: $2,995,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: U8079701
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.32
    Acres
    1982
    Built
    Neighborhood:
    Islamorada
    County:
    Monroe
    Area:
    Islamorada
    Property Description
    PROPERTY WAS JUST APPROVED BY VILLAGE FOR 97 40 FEET CONTAINERS ON 10/16/20. That computes to 38,800 square feet. Thee only piece of commercial property available from key largo to Marathon. You can do almost anything here to include marijuana dispensary. Prime location in Islamorada Village for existing or new business. Perfect for a 1031 exchange. Various opportunities to do and build just about any type of commercial business. Rents on Island Aluminum can be improved greatly and are currently month to month. Island Aluminum receives reduced rent for collecting storage rentals which produces residual income from monthly boat and trailer rentals. The storage lot is full. There is also an apartment on the premises that can be used as an office or for mixed use. This is the last commercial property in the Islamorada Village that has very liberal zoning. New owner can install 10,000 square feet of new storage or tear down and build. Owners will finance with qualified buyers. PLEASE DO NOT DISTURB THE TENANTS.
    Exterior Features

    Construction Materials Block Foundation Details Slab Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air Levels Two Stories Total 2

    Property Features

    Additional Parcels Yn No Business Type ManufacturingMarine/MarinaMixedStorageWarehouse Flood Zone Code V Listing Terms CashConventionalPrivate Financing Available New Construction Yn No Property Sub Type Industrial Realtor Info Currently LeasedList Agent is Related To OwnerSurvey AvailableZoning - Grandfathered In Special Listing Conditions None Tax Annual Amount 9800.00 Tax Year 2019 Total Num Buildings 1


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Dalton Wade Inc.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-05-17T17:40:55.11.
     
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