$1,150,000
$1,375,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
0.78 Acres Lot
SOLD DATE : 03/11/2024
Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Plant Beach (87.5)
MLS Listing ID 607846
Sold Date 03/11/24
HOA Y/N No
Annual Tax Amount $1,510
Tax Year 2023
Lot Size 0.778 Acres
Acres 0.78
Lot Dimensions 50'x117' & 50'x112' & 50'x104' & 50'x95'
Property Sub-Type Commercial
Property Description
Introducing a RARE and exceptional opportunity in the heart of Islamorada, FL.
This clean, vacant commercial property boasts an impressive 400 feet of frontage along both US1 and Old Highway, offering unparalleled visibility in a highly sought-after location. With a total of 33,904 square feet of vacant land, this property comprises four separate mixed-use parcels, as well as one parcel zoned for medium-density residential use according to the FLUM map.
Buyer to verify development options.
Situated in close proximity to a new major development, and less than 5 miles away from the renowned Founders Park, which offers a marina, boat ramp, and an array of recreational amenities, this property is ideally positioned for maximum exposure and accessibility. The entire property is fully fenced in, providing security and privacy, and is ready for development, offering a blank canvas for your commercial vision.
The seller has already prepared plans for a commercial building with less than 1,000 square feet, providing a convenient starting point for potential buyers. Furthermore, a comprehensive survey and vegetation survey have been completed, ensuring a smooth and informed development process. All five parcels are included in the sale, presenting a unique and versatile investment opportunity in the coveted Florida Keys.
Don't miss out on this chance to acquire prime commercial real estate in one of Islamorada's most desirable locations. Seize the opportunity to become a part of this thriving community and unlock the potential for a prosperous venture in this vibrant coastal paradise.
Location
State FL
County Monroe
Area 25 - Plantation Key
Zoning HC - Highway Commercial
Interior
Appliance No Appliances
Exterior
Utilities Available FKAA, Municipal Sewer
Waterfront Description None
Garage No
Others
Tax ID 00413320-000000
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