For Sale
$4,949,000

86560 Overseas HwyIslamorada, FL 33036

Prime Islamorada waterfront warehouse, multi-building opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Islamorada, Florida industrial property, located at 86560 Overseas Highway, presents a unique investment opportunity. The 12-acre site boasts 3 acres of upland industrial land and an additional 9 acres of bayfront land (negotiable), offering significant development potential. The property includes 150 feet of US1 frontage, conveniently situated north of the weigh station. Currently, four structures are on the site, totaling 1,972 square feet of non-residential floor area, as officially recognized by the Village of Islamorada. This includes one market-rate and two affordable housing units. The existing zoning permits the construction of over 30,000 square feet, based on a density of 10,000 square feet per acre. The seller is willing to subdivide the property to accommodate buyer needs. The bayfront acreage offers the potential for a 100-foot dock and two 30,000-pound boat lifts (plans available). This property is one of the few in Monroe County with such diverse potential uses, including residential development, making it a highly desirable and versatile investment. Built in 1928, this multi-tenant warehouse is offered at $4,949,000. The property is zoned for industrial use and is located in Monroe County, Florida, zip code 33036.

Highlights

  • 12-acre Islamorada industrial property with 3 acres upland and 9 acres bayfront (negotiable).
  • 150 feet of US-1 frontage, north of the weigh station.
  • 1,972 SF of existing non-residential buildings, including market-rate and affordable housing units.
  • Zoned for over 30,000 SF of construction (10,000 SF/acre density); seller will subdivide.
  • Bayfront potential includes a 100-foot dock and two 30,000-pound boat lifts (plans available).
  • Offered at $4,949,000.

Property Details for 86560 Overseas Hwy

Property type
Warehouses, Industrial properties
Year Built
1928
Buildings
4

Location Insight

City
Islamorada
County
Monroe
State
Florida
Latitude
24.9574989
Longitude
-80.5755575
86560 Overseas Hwy, Islamorada, Florida

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86560 Overseas Hwy
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