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82929 Overseas Hwy 12 Unit Mobile Home Park $7,677,560 CAD ($639,797 CAD/Unit) Islamorada, FL 33036

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INVESTMENT HIGHLIGHTS

  • 12 Market Rate Development Rights and 3,456 Non-Res Area
  • Zoned Village Center Allowing Multiple Uses
  • Downtown Heart of Islamorada Walkable to all Amenities

EXECUTIVE SUMMARY

Prime Redevelopment Opportunity in the Heart of Islamorada A rare investment in paradise!
This one-of-a-kind property, made up of three parcels located at 82925, 82929, and 82935 Overseas Hwy, presents a developer's dream in the heart of Islamorada. Total lot size is 22,500 SF situated between US1 and Old Highway for dual access.
Currently featuring a mix of mobile homes, multiple apartments, and a commercial building, the property is zoned Village Center, allowing for a broad range of redevelopment possibilities. Islamorada Village Planning Department recognizes 8 Market Rate Development Rights and 1 commercial building boasting 3,312 nonresidential SF with attached work yard.
Opportunity exists in redevelopment and/or transferring development rights to other Islamorada parcels.
At the gateway to Islamorada, this prime location offers an unparalleled welcome to all Islamorada has to offer including world-class fishing, dining, diving, and shopping. Find a win through thoughtful investment in the charmed Islamorada real estate market.

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PROPERTY FACTS

Price $7,677,560 CAD
Price Per Unit $639,797 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 12
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Class C
Lot Size 0.17 AC
Building Size 22,500 SF
Average Occupancy 100%
No. Stories 1
Year Built 1963
Zoning VC-NC - Village Center Neighborhood Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00403640-000000
Land Assessment
$267,527 CAD
Improvements Assessment
$344,030 CAD
Total Assessment
$611,557 CAD
  • Listing ID: 35375318

  • Date on Market: 2025-04-04

  • Last Updated:

  • Address: 82929 Overseas Hwy, Islamorada, FL 33036

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