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Investment Highlights
- 12 Market Rate Development Rights and 3,456 Non-Res Area
- Zoned Village Center Allowing Multiple Uses
- Downtown Heart of Islamorada Walkable to all Amenities
Executive Summary
Prime Redevelopment Opportunity in the Heart of Islamorada A rare investment in paradise!
This one-of-a-kind property, made up of three parcels located at 82925, 82929, and 82935 Overseas Hwy, presents a developer's dream in the heart of Islamorada. Total lot size is 22,500 SF situated between US1 and Old Highway for dual access.
Currently featuring a mix of mobile homes, multiple apartments, and a commercial building, the property is zoned Village Center, allowing for a broad range of redevelopment possibilities. Islamorada Village Planning Department recognizes 8 Market Rate Development Rights and 1 commercial building boasting 3,312 nonresidential SF with attached work yard.
Opportunity exists in redevelopment and/or transferring development rights to other Islamorada parcels.
At the gateway to Islamorada, this prime location offers an unparalleled welcome to all Islamorada has to offer including world-class fishing, dining, diving, and shopping. Find a win through thoughtful investment in the charmed Islamorada real estate market.
This one-of-a-kind property, made up of three parcels located at 82925, 82929, and 82935 Overseas Hwy, presents a developer's dream in the heart of Islamorada. Total lot size is 22,500 SF situated between US1 and Old Highway for dual access.
Currently featuring a mix of mobile homes, multiple apartments, and a commercial building, the property is zoned Village Center, allowing for a broad range of redevelopment possibilities. Islamorada Village Planning Department recognizes 8 Market Rate Development Rights and 1 commercial building boasting 3,312 nonresidential SF with attached work yard.
Opportunity exists in redevelopment and/or transferring development rights to other Islamorada parcels.
At the gateway to Islamorada, this prime location offers an unparalleled welcome to all Islamorada has to offer including world-class fishing, dining, diving, and shopping. Find a win through thoughtful investment in the charmed Islamorada real estate market.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Property Taxes
| Parcel Number | 00403640-000000 | Improvements Assessment | $247,918 |
| Land Assessment | $190,369 | Total Assessment | $438,287 |
Property Taxes
Parcel Number
00403640-000000
Land Assessment
$190,369
Improvements Assessment
$247,918
Total Assessment
$438,287
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82929 Overseas Hwy
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