81984 Overseas Highway, Islamorada, FL
Retail for Sale - $4,750,000
Agent Info
| Elizabeth Jolin Coldwell Banker Schmitt Real Estate Co. |
Property Info
| CIMLS# | 1184981 |
| Location 81984 Overseas Highway Islamorada FL 33036 | |
| Updated | December 5th, 2025 |
| Type | Retail |
| Price | $4,750,000 |
Property Description
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



