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87847 Overseas Hwy 2,764 SF Office Building Islamorada, FL 33036 $1,899,000 ($687.05/SF)
Executive Summary
This luxury commercial property in the heart of Islamorada offers prime US-1 highway frontage with high visibility, dual access to Old Highway, and a large, lit highway sign for maximum exposure. Built in 2015, this 3,000 SF mixed-use building features 1,500 SF of premium commercial space on the ground floor, including a grand reception area, two executive offices, a spacious conference room, a full kitchen, and an ADA-compliant bathroom, making it ideal for medical, legal, real estate, or executive office use. The 1,500 SF second-floor residential unit includes two bedrooms, two bathrooms, a modern kitchen, and a private balcony, offering luxury accommodations for an owner-user or an excellent rental income opportunity. Never permanently occupied, it remains in brand-new condition with no expenses spared. HC-Highway Commercial zoning allows for flexible use, making this a prime opportunity for a business owner, investor, or real estate professional. This turnkey property has never been leased and has been owner-occupied since completion.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,764 SF
Building Class
B
Year Built
2015
Price
$1,899,000
Price Per SF
$687.05
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,382 SF
Building FAR
0.23
Lot Size
0.28 AC
Zoning
HC - Highway commercial mixed-use: Office space down and luxury residential accommodations above
Amenities
- 24 Hour Access
- Security System
- Kitchen
- Reception
- Bicycle Storage
- Central Heating
- High Ceilings
- Reception
- Recessed Lighting
- Shower Facilities
- Wi-Fi
- Monument Signage
- Air Conditioning
- Balcony
Property Taxes
| Parcel Numbers | Improvements Assessment | $437,559 | |
| Land Assessment | $741,060 | Total Assessment | $1,178,619 |
Property Taxes
Parcel Numbers
Land Assessment
$741,060
Improvements Assessment
$437,559
Total Assessment
$1,178,619
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87847 Overseas Hwy
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