$5,500,000
For Sale

100660 Overseas Highway

KEY LARGO, FL 33037
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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.
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  • 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

Born to Sell the KeysBorn to Sell the Keys
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