Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee housing to a small boutique hotel with its own eatery. License for more than 200 seats with indoor and outdoor dining and plenty of parking ,opportunities like this in the heart of Islamorada are not available often. This is a must see and won't last .
MLS# | 609289 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1963 |
Days On Site | 205 |
Listing Provided By | Century 21 All Keys Inc (KW) | Daniel Sanchez |
Bed(s) | 7 |
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Bath(s) | 7 Total |
Units | 7 |
Zoning | HC - Highway Commercial |
Acreage | 0.85 |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | ISLAMORADA |
Zip Code | 33036 |
Area | 23 Upper Matecumbe |
Community Name | The Key (80.5) |
Listing VS Median (in The Key (80.5)) | |
Price: $4,500,000 low | high Med: $4,495,000 On Site: 205 low | high Med: 239.000000 |