Exceptional Islamorada commercial investment opportunity

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Commercial For Sale

81984 Overseas Highway

Upper Matecumbe Key, Florida 33036

Monroe County Water View: Yes

Community: Strattons (825)

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$4,750,000 0 br, 2.0 bath 0 sq. ft. 0.000 acres

Exceptional Islamorada 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.

Interior:
  • Bedrooms: 0
  • Baths: 2.0
  • Sq Ft: 0
  • Year Built: 2018
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: Concrete
  • Roof: 
  • Property Taxes: $28,416
  • MLS #: 617385
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Contact Information:
Beach Commercial For Sale in Upper Matecumbe Key, Florida
Listing Agent: Elizabeth Jolin, Coldwell Banker Schmitt Islamorada, 305-393-0994, 305-664-4470 Listing Site, Listing Status: Active
Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6856154
Viewed 22 times.
Updated: Nov 20, 2025

This property is a Commercial located at 81984 Overseas Highway, Upper Matecumbe Key, Florida 33036, and is currently For Sale at $4,750,000. This Commercial has 0 bedrooms, 2.0 baths, 0 sq ft.