- For Sale $5,500,000
- Property Type Retail
- Year Built 1971
- Date Updated May 29, 2023
- Website www.cbcworldwide.com
Invest in paradise! This trophy property is a prime investment opportunity in the heart of Key Largo. 1.32 acre fully leased commercial property with over 240' of frontage on US1 located conveniently at mile marker 100. Three buildings situated on 10 lots with a total of approximately 12,300 sq. ft. of leasable space is currently occupied by 6 long term tenants and complimented by an additional 4 long term tenants operating a thriving outdoor market on the northern lot. Rent increases scheduled for March 2023 will bring a Pro Forma NOI of $281,520 and a Pro Forma CAP Rate of 5.1%. Please do not disturb the current businesses.
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Contacts
Philip Kravitz
Coldwell Banker Schmitt Real Estate Co.
Location
Getting Around
-
Walk Score ®
Car-Dependent (38) -
Bike Score ®
Very Bikeable (72)
Powered by Walk Score ®
- City Key Largo, FL
- Neighborhood Key Largo Park
- Zip Code 33037
Points of Interest
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Shell
0.64 miles
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Citgo
0.79 miles
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Speedway
0.91 miles
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Tom Thumb
2.04 miles
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Marathon Gas
2.25 miles
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TCM
2.54 miles
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Shell
5.91 miles
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Chevron
8.47 miles
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Waffle House
0.33 miles
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Key Largo Conch House
0.37 miles
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Skippers Dockside
0.72 miles
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Wendy's
0.75 miles
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Arby's
0.75 miles
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Doc's Diner
0.78 miles
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Dunkin'
0.91 miles
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Burger King
0.95 miles
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Bayside Grille
1.08 miles
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DiGiorio's Cafe Largo
1.08 miles
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Publix
0.84 miles
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Winn-Dixie
4.85 miles
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K
5.93 miles
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Winn-Dixie
9.03 miles
Contact Listing Broker
Philip Kravitz
Coldwell Banker Schmitt Real Estate Co.
