Log In/Sign Up
Your email has been sent.
The Alamo 19950-19980 Overseas Hwy 2,520 SF Office Building Sugarloaf Key, FL 33042 $2,711,026 CAD ($1,075.80 CAD/SF) 7% Cap Rate
Investment Highlights
- US-1 Frontage in the Lower Keys
- Ample Parking & Easy Access
- Turnkey Commercial Building
Executive Summary
Price reduction! Renovated Commercial Space - The Alamo Building, Sugarloaf Key (MM 20)
Prime, newly updated commercial space available on Sugarloaf Key, directly across from Mangrove Mama's Restaurant. This high-visibility property on US-1 has been completely renovated inside and out, offering a clean, modern look with flexible space suited for a wide range of uses.
Currently operated as a welcome center for Sugarloaf Key RV Resort and Cottages, the property is ideal for retail, showroom, professional services, fitness/yoga studio, coffee/juice bar, or even restaurant spaces (no commercial kitchens currently on premises). The layout supports both customer interaction and back-office functionality, with open areas, private offices, and refreshed restrooms. A spacious outdoor patio provides even more possibilities.
This property offers excellent US-1 exposure with a steady flow of daily traffic, making it ideal for attracting customers and visibility. There is ample paved parking with convenient highway access, ensuring easy entry for clients and deliveries. The building includes approximately 2,520 square feet of usable commercial space situated on a 1.72 acre lot, offering flexibility for a variety of business operations. It is located just minutes from Key West and Big Pine, in the prime, central Lower Keys corridor. Buyer to verify zoning and permitted uses with Monroe County.
Prime, newly updated commercial space available on Sugarloaf Key, directly across from Mangrove Mama's Restaurant. This high-visibility property on US-1 has been completely renovated inside and out, offering a clean, modern look with flexible space suited for a wide range of uses.
Currently operated as a welcome center for Sugarloaf Key RV Resort and Cottages, the property is ideal for retail, showroom, professional services, fitness/yoga studio, coffee/juice bar, or even restaurant spaces (no commercial kitchens currently on premises). The layout supports both customer interaction and back-office functionality, with open areas, private offices, and refreshed restrooms. A spacious outdoor patio provides even more possibilities.
This property offers excellent US-1 exposure with a steady flow of daily traffic, making it ideal for attracting customers and visibility. There is ample paved parking with convenient highway access, ensuring easy entry for clients and deliveries. The building includes approximately 2,520 square feet of usable commercial space situated on a 1.72 acre lot, offering flexibility for a variety of business operations. It is located just minutes from Key West and Big Pine, in the prime, central Lower Keys corridor. Buyer to verify zoning and permitted uses with Monroe County.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$206,705
|
$82.03
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$10,335
|
$4.10
|
| Effective Gross Income |
$196,370
|
$77.92
|
| Taxes |
$12,512
|
$4.97
|
| Operating Expenses |
$21,688
|
$8.61
|
| Total Expenses |
$34,201
|
$13.57
|
| Net Operating Income |
$162,169
|
$64.35
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $206,705 |
| Annual Per SF | $82.03 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $10,335 |
| Annual Per SF | $4.10 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $196,370 |
| Annual Per SF | $77.92 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,512 |
| Annual Per SF | $4.97 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $21,688 |
| Annual Per SF | $8.61 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $34,201 |
| Annual Per SF | $13.57 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $162,169 |
| Annual Per SF | $64.35 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,520 SF
Building Class
C
Year Built
1990
Price
$2,711,026 CAD
Price Per SF
$1,075.80 CAD
Cap Rate
7%
NOI
$189,681 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,520 SF
Building FAR
0.03
Lot Size
1.72 AC
Zoning
SC - SC – Sub-Urban Commercial District
Amenities
- Atrium
- Conferencing Facility
- Convenience Store
- Courtyard
- Wheelchair Accessible
- Reception
- Storage Space
- Outdoor Seating
- Air Conditioning
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Florida Keys Land Surveying
- Professional, Scientific, and Technical Services
- -
- -
- -
- Keyswiderealty.com
- Real Estate
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Florida Keys Land Surveying | Professional, Scientific, and Technical Services | - | - | - | ||
| Keyswiderealty.com | Real Estate | - | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00118210-000000 | Total Assessment | $2,505,293 CAD |
| Land Assessment | $1,762,504 CAD | Annual Taxes | $12,512 CAD ($4.97 CAD/SF) |
| Improvements Assessment | $742,789 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
00118210-000000
Land Assessment
$1,762,504 CAD
Improvements Assessment
$742,789 CAD
Total Assessment
$2,505,293 CAD
Annual Taxes
$12,512 CAD ($4.97 CAD/SF)
Tax Year
2025
1 of 65
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Brightwild Real Estate
The Alamo | 19950-19980 Overseas Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.