Opportunity to own an income producing building with 50' of frontage on US 1 on Plantation Key in Islamorada! The property is zoned multi use and runs from US1 to Iroquois allowing dual access to the building and storage area. There are 4 apartments, commercial space, enclosed storage, and exterior storage. Owner could live and operate business all from one extremely desired location or lease out the entire property. This property offers numerous income opportunities. Concrete constructed building has been tastefully updated and maintained. Projected Rental Income in documents tab.
MLS# | 608781 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1963 |
Days On Site | 236 |
Listing Provided By | Ocean Sotheby's International Realty | Kim Bagnell Thaler |
Bed(s) | 4 |
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Bath(s) | 4 Total |
SQ Feet | 4,948 |
Units | 5 |
Zoning | HC - Highway Commercial |
Acreage | 0.26 |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | ISLAMORADA |
Zip Code | 33070 |
Area | 25 Plantation Key |
Community Name | Indian Harbor (89.0) |
Listing VS Median (in Indian Harbor (89.0)) | |
Price: $1,875,000 low | high Med: $1,400,000 SqFt: 4,948 low | high Med: 3,127 $ / SqFt: $379 low | high Med: $544 On Site: 236 low | high Med: 137.500000 |