86560 Overseas Highway
ISLAMORADA, Florida FL 33036
$6,799,000 Price
Active Status
4 Bedrooms
4 Full Baths
4 Total Baths
1,080 SqFt
3 Acres
600468 Listing ID
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!
Schedule Showing
Status Active
County Monroe
Year Built 1928
Property Type Residential
Residential
Property Sub Type Multi-family

Primary Features

County: Monroe
Property Sub Type: Multi-family
Property Type: Residential
Subdivision: Misc Plantation Key (85.0)
Year Built: 1928
Zoning: I - Industrial District

Interior

Appliances: Range, Refrigerator
Cooling/Heating: Ductless A/C
Furnished: Unfurnished
SqFt Source: Property Data Card

External

Above Flood: Unknown
Building Style: Ground Level, Other Bldg Style
Construction: Frame, Manufactured, Modular, Stucco
Control Depth: 0
Dockage: None
Flood Zone: AE,AE
Land Size: 2 Less Than 5 Acres
Lot SqFt: 130680
Pool: no
Pub Sewer Hook Up: yes
Roof: Other Roof, Shingle Roof
Side: right
Style: Multi-Units
Total Units: 4
Vehicle Storage: Open Parking
Waterfront: no
Waterfront Type: None
Waterview: No Waterview

Location

Area: 25 - Plantation Key
Key/Island: Plantation Key
Marathon Neighborhood: N/A
Mile Marker: 85
Parcel Number: 00092070-000000

Additional

Pets: Pets Allowed
Utilities: FKAA, Municipal Sewer

Financial

1st Right of Refusal: no
Deed Restrictions: Unknown
Fee Includes: None
HOA: no
Rentals Allowed: With Restrictions
Tax Exemptions: None
Tax Year: 2021
Taxes: 8347.9
Terms: Conventional, Seller Finance Psble

Zoning Info


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Contact - Listing ID 600468

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Kimberly Gray

PO Box 102
Tavernier, FL 33070
Phone: 3053937726

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