81984 Overseas Highway Islamorada, FL ^$ 4,750,000

81984 Overseas Highway

^$ 4,750,000

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81984 Overseas Highway

Islamorada, FL, 33036

^$ 4,750,000

Bedrooms-- Baths2.0 Sq 9,990

Monthly Estimate*

^$ 29,634

81984 Overseas Highway, Islamorada, FL 33036 - Image 1

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81984 Overseas Highway, Islamorada, FL 33036 - Image 6

81984 Overseas Highway, Islamorada, FL 33036 - Image 7

81984 Overseas Highway, Islamorada, FL 33036 - Image 8

81984 Overseas Highway, Islamorada, FL 33036 - Image 9

81984 Overseas Highway, Islamorada, FL 33036 - Image 10

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81984 Overseas Highway, Islamorada, FL 33036 - Image 13

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Commercial Property for sale in Islamorada, FL

for $4,750,000 with 2 full baths. This 9,990 square foot building was built in 2018.

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

Commercial Active

Price

^$ 4,750,000

Full Bath

Property Type

Commercial

Taxes

^$ 28,416

Style

Income,Retail

Year Built

2018

Town/City

Islamorada

County/Region

Monroe

MLS | Web ID

RX11142211

Features

General

Construction CBS Concrete

Heating Central

Cooling Central

Utilities Electric Public Sewer Public Water

Possession At Closing

Roof Built-Up

Zoning Village Center

Security TV Camera

Status Active

Year Built 2018

Stories Count 1.0

Type Retail

Property Type E

Area 5940

Location Central Business Dst

Auction No

Tax Year 2024

Terms Considered Conventional

Use Income Retail

Misc. Separate Office Area Showroom Storage

Special Info Presently Leased

Virtual Tour https://tours.keyspropertyvisuals.com/cvtnb/360661

Geo Area Other Geographic Area

Legal Description BK 5 LTS 20 AND 21 STRATTONS SUBD PB 2-38 UPPER MATECUMBE G24-94 G45-384 OR439-448 OR508-932 OR853-1097 OR888-1517 OR10

Exterior

Waterfront No None

Lot Size 1.00

Interior

Flooring Concrete

Total Number of Units 1

Internal Only

OriginalMLSID RX-11142211

* Excluded Features

List By

Elizabeth Jolin

Listing Agent

Coldwell Banker Schmitt Re Co

Broker

ejolin@elizabethjolin.com

Affordability Calculator

$32,002

Per Month

Monthly Principal & Interest: $29,634
Monthly Property Taxes: $2,368
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Islamorada, FL

Average List Price ^$1,116,633

Percent of Sale Price 76%

About Islamorada, FL

3,158 Population

-13% Since 2002

^$82,912 Median Income

59.06 Median Age

6% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

368239 Elementary School

368240 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$4,750,000		Listed Price

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81984 Overseas Highway, Islamorada, FL, 33036 is a Commercial Property for sale at $4,750,000 with 9,990 sqft. 81984 Overseas Highway has 2.0 baths and was built in 2018. The property's zip code is 33036 which is in Islamorada, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of BeachesMLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/9/2025.

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81984 Overseas Highway

Commercial Property for sale in Islamorada, FL

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