English
Russian
$5,500,000
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%. please do not disturb the current businesses.Retail - for Sale
100660 OVERSEAS HWY, KEY LARGO, FL 33037
Asking Price$5,500,000
Share by:
- Lot size 57482sqft
- Year Built 1971
-
Days on market:
296 day(s) Original Price:
$5,500,000Tax Legal Description:
Contact Listing Agent (multiple legal descriptions)-
MLS:
A11310611 -
Property Type:
Retail -
Parking:
Free Parking Guest -
Inclusions:
Building & Land,Leases
Lease Term Remaining:
Month To MonthConstruction Type:
Cbs ConstructionRoof:
OtherCooling Description:
Central Building A/CHeating Description:
Central ElectricFloor Description:
TileSpecial Listing Conditions:
SaleLot Features:
Central Business District Shopping Center Corner Lot