About 81984 Overseas Highway
Exceptional Islamorada, Florida Keys commercial investment opportunity. Established national retailer, West Marine, occupies the property under a long-term lease with renewal options, delivering a consistent and reliable 6.08% cap rate. The 9,990 SF building, constructed in 2018, is situated on a 30,000 SF parcel with US-1 frontage in the heart of downtown Islamorada. Site features include 32 on-site parking spaces, Village Center zoning, and excellent highway visibility. This is a rare opportunity to acquire a stable, income producing investment property in one of the most constrained commercial markets in the Florida Keys
Features of 81984 Overseas Highway
| MLS® # | R11142211 |
|---|---|
| USD | $4,400,000 |
| CAD | $6,059,064 |
| CNY | 元29,516,520 |
| EUR | €3,780,590 |
| GBP | £3,245,114 |
| RUB | ₽377,304,840 |
| Last Listing Price | $4,750,000 |
| Bathrooms | 2.00 |
| Square Footage | Public Records |
| Acres | 1.00 |
| Year Built | 2018 |
| Type | Residential |
| Sub-Type | Retail |
| Status | Closed |
| HOPA | No Hopa |
Community Information
| Address | 81984 Overseas Highway |
|---|---|
| Area | 5940 - Other Florida County |
| City | Islamorada |
| County | Monroe |
| State | FL |
| Zip Code | 33036 |
Amenities
| Security | Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s) |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
Exterior
| Roof | Built-Up |
|---|---|
| Construction | Concrete, CBS |
Additional Information
| Date Closed | January 30th, 2026 |
|---|---|
| Date Listed | November 20th, 2025 |
| Days on Market | 293 |
| Zoning | Village Center |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 00399710000000 |
Listing Details
| Office | Coldwell Banker Schmitt RE Co |
|---|