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Two-Story Office Building Investment Property 88101 Old Hwy 2,244 SF Office Building Islamorada, FL 33036 $1,668,124 CAD ($743.37 CAD/SF)



INVESTMENT HIGHLIGHTS
- MULTI-FUNCTIONAL OFFICE BUILDING – INCOME PRODUCING Highway Frontage • Professional Layout • Onsite Parking
- Two Story, 9 Parking Spots
- INCOME-PRODUCING MIXED-USE OFFICE PROPERTY 7 Lockable Offices with Conference Rooms, Kitchens & Parking
EXECUTIVE SUMMARY
Looking to purchase your own office space while also generating rental income? This property delivers both. Located in Islamorada, this two-story Key West/Conch-inspired building is zoned for mixed-use highway commercial. 50 feet of frontage along the Overseas Highway, providing strong visibility and signage potential. The exterior is accented by mature landscaping, with parking that includes four spaces in front of the building (per survey, now landscaped) and nine more spaces in the rear with direct access from Old Highway. Inside, the building offers a bright reception area and functional layout. The second floor features 5 one-room offices with a shared kitchenette and half bath, providing the potential of consistent income from annual or month to month tenants. On the ground level, the owner's suite includes a private office, a small meeting room, and a larger executive-style conference room, along with its own kitchenette and half bath. There is one additional office and locked storage room down another set of stairs bringing the total to 7 private offices and two conference rooms. Positioned in a central Upper Keys location, the property is just minutes from local courthouse, downtown Islamorada and Tavernier, with convenient access to local restaurants, shopping, and Founder's Park. With the space for an owner's own office and conference room this property presents an excellent investment in one of the most desirable areas of the Florida Keys.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
2,244 SF
Building Class
B
Year Built
1991
Price
$1,668,124 CAD
Price Per SF
$743.37 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,122 SF
Building FAR
0.37
Lot Size
0.14 AC
Zoning
HC - Highway Commercial
AMENITIES
- Reception
- Natural Light
- Monument Signage
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 00412770-000000 | Improvements Assessment | $420,891 CAD |
| Land Assessment | $732,565 CAD | Total Assessment | $1,153,456 CAD |
PROPERTY TAXES
Parcel Number
00412770-000000
Land Assessment
$732,565 CAD
Improvements Assessment
$420,891 CAD
Total Assessment
$1,153,456 CAD
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Two-Story Office Building Investment Property | 88101 Old Hwy
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