100660 Overseas Highway, Key Largo, FL 33037

  • $5,500,000
100660 Overseas Highway, Key Largo, FL 33037
For Sale
100660 Overseas Highway, Key Largo, FL 33037
  • $5,500,000

Overview

Property ID: HZ5344805
  • CommercialSale
  • Property Type
  • 10019.0
  • Sqft
  • 1971
  • Year Built

Description

Invest in paradise, prime investment opportunity in the heart of Key Largo! 1.32 acre fully leased commercial property with over 240′ of frontage on US1 located conveniently at mile marker 100. Three buildings situated on 10 lots with a total of approximately 12,300 sq. ft. of leasable space is currently occupied by 6 long term tenants and complimented by an additional 4 long term tenants operating a thriving outdoor market on the northern lot. Rent increases scheduled for March 2023 will bring a Pro Forma NOI of $281,520 and a Pro Forma CAP Rate of 5.1%. Please do not disturb the current businesses.

  • Address 100660 Overseas Highway
  • City Key Largo
  • State/county FL
  • Zip/Postal Code 33037
  • Country United States

Details

Updated on July 7, 2023 at 9:07 pm
  • Property ID: HZ5344805
  • Price: $5,500,000
  • Property Size: 10019.0 Sqft
  • Land Area: 57482.0 Sqft
  • Year Built: 1971
  • Property Type: CommercialSale
  • Property Status: For Sale
  • MLS#: A11310611
  • Office Name: COLDWELL BANKER SCHMITT R.E.
  • Agent Name: Philip Kravitz
  • MLS Status: Active

Additional details

  • Roof: Other
  • Sewer: PublicSewer
  • Cooling: CentralAir
  • Heating: Central,Electric
  • Flooring: Tile
  • County: Monroe County
  • Property SubType: Retail
  • Parking: FreeParking,Guest
  • Water Source: Public

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Shafique Ahmad
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