$5,500,000
For Sale
100660 Overseas Highway
KEY LARGO, FL 33037
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Description
Invest in paradise! This trophy property is a 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%.
Interior Details
Beds & Baths
- Bathrooms:0.00
Construction Details
Type & Style
- Property type:Purchase
Condition
- Year built:1971
Community and Neighborhood Details
Community
- Subdivision:Key Largo Park (101.0)
Other
Source
- MLS #:603272
Location
Legal
Notice: This listing provided courtesy of Florida Keys MLS (FLKEYSMLS). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Last Updated: . Source: FLKEYSMLS
Listing Courtesy
Listing Agent: Philip Kravitz(#3376345), Phone: (305) 783-7983, Email: philipkravitz@cbschmitt.com
Listing Office: Coldwell Banker Schmitt Key Largo (#3211)
Born to Sell the KeysBorn to Sell the Keys
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