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$6,799,000
86560 Overseas Hwy, Islamorada, FL 33036
4 Beds
4 Baths
1,080 SqFt

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3 acres of spacious industrial land that allows for multiple uses. Would be an ideal location for a micro brewery, recording studio, auto / boat dealership, marine research facility, wireless facility or construction / trade company. Storage is at a premium in Monroe County and this is an ideal location. The list is truly endless. This amazing property allows up to 10,000 sq. ft. per acre of buildable space and you can easily add a 10,000 sq. ft hurricane rated steel building ($200,000). to store all your toys and personal items or land on your private helipad and keep it in the hanger. You can add dockage to the additional 9 acres in the back that are available with plans to include a 100' dock with 2 30k boat lifts for your yacht and water toys (additional cost). If you can imagine it, you can do it here! This property is set on a coral ridge that sits higher than the highway. It currently holds multiple businesses including a retail store, wood artist, landscape contractor, and a marine contractor. There are multiple buildings including a retail store on the highway, a smaller wood building with its own deck under the trees, ideal for a juice bar or small boutique restaurant, 2 commercial modular buildings and a mobile home. If you prefer less it can easily be divided into 3 - 1 acre parcels. Seller is open to selling it in smaller sections and can easily be converted into multiple condo sections allowing for up to 15-20 parcels. To round out this incredible opportunity, the seller is offering owner finance under the right terms. Islamorada is the jewel of the Keys and land is extremely limited, this may be a once in a lifetime opportunity to do all you want at this great location!
  • Price:
  • $6,799,000
  • Bedrooms:
  • 4
  • Full Baths:
  • 4
  • Square Footage:
  • 1,080
  • Acreage:
  • 3.00
  • Year Built:
  • 1928
  • Listing ID #:
  • 600468
  • Street Address:
  • 86560 Overseas Hwy
  • City:
  • Islamorada
  • State:
  • Florida
  • Postal Code:
  • 33036
  • County:
  • Monroe
  • Community:
  • 25 - Plantation Key
  • Subdivision:
  • Misc Plantation Key (85.0)
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-family
  • Approximate Total Liveable Area:
  • 1080.00
  • Architecture Style:
  • Ground Level, Other Bldg Style
  • Construction Description:
  • Frame, Manufactured, Modular, Stucco
  • Furnished:
  • Unfurnished
  • Number Of Units:
  • 4.00
  • Square Footage Source:
  • Property Data Card
  • Style:
  • Multi-Units
  • Type Of Roof:
  • Other Roof, Shingle Roof
  • Year Built:
  • 1928
  • Conforms To Zoning:
  • I - Industrial District
  • Federal Flood Zone:
  • Ae, Ae
  • Lot Size:
  • 2 Less Than 5 Acres
  • Lot Square Footage:
  • 130680.00
  • Days On Market:
  • 87
  • Terms:
  • Conventional, Seller Finance Psble
  • Property Taxes:
  • $8,347
  • Tax Year:
  • 2021
  • Parking Description:
  • Open Parking
  • Appliances:
  • Range, Refrigerator
  • Heating And Air:
  • Ductless A/C
  • Water View Description:
  • No Waterview
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Real Estate Sales Force
  • UPKEYS