86560 Overseas Highway

ISLAMORADA, FL, 33036

$6,799,000

$6,295 per ft²
$6,799,000
$6,295 per ft²
Active
Active
 - For Sale
beds
4 Beds
baths
4 Baths
carpenters-square
1,080 ft²
property_type
Residential
calendar
Built 1928
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!
MLS® ID:
600468
Listed:
4/8/22
Updated:
7/5/22
Sotheby's International Realty
OceanSIR

Interior Features

Kitchen Appliances
Range, Refrigerator
Total Bedrooms
4
Full Bathrooms
4
Cooling
Ductless A/C

Exterior/Building Features

Lot Size
3.0 acres lot
Architectural Style
Multi-Units
Roof
Other Roof, Shingle Roof

Other Property Details

Area Name
Plantation Key
Taxes
$8347.9
Tax Frequency
per YEAR
HOA Fee
$0.00
Garage
Yes
Parking
Open Parking
View
Y
County
Monroe
Utilities
FKAA, Municipal Sewer
Zoning
I - Industrial District

 

Courtesy of Publio Francisco Lazcos, Real Estate Sales Force, Inc.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors®, Florida Keys MLS, Inc. Real Estate Listings held by brokerage firms other than Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright 2022 Florida Keys Board of Realtors®, Florida Keys MLS, Inc.

Data last updated: 7/5/22

Sotheby's International Realty
OceanSIR
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