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87847 Overseas Highway, Plantation Key, FL 33036

$1,899,000
Property Type: Commercial Sale Bedrooms: 2 Baths: 3 Square Footage: 3,000 Lot Size (sq. ft.): 6,000 Status: Active
Current Price: $1,899,000 List Date: 2/07/2025 Last Modified: 8/13/2025

Description

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.

More Information MLS# 613581

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Species List: No Current Price: $1,899,000 Listing Date: 2025-02-07 List Price: $1,899,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 87.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: X Alternate Key #: 1507318 Parcel #: 00413100-000000 Zoning: HC - Highway Commercial Legal: BK 3 LT 6 PLANTATION BEACH PB2-76 PLANTATION KEY OR27-97 OR112-194/96 OR538-953 OR690-636/37 OR690-635 OR702-269 OR811-7 Taxes: 4296.21 Tax Year: 2023 Street #: 87847 Street Name: Overseas Street Suffix: Highway Key/Island: Plantation Key State/Province: FL Zip Code: 33036 Subdivision: Plant By The Sea (87.5) County: Monroe Area: 25 - Plantation Key

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 6000 Lot SqFt: 6000 Total Units: 0 # Parking Spaces: 8 # Stories: 2 SqFt Source: Seller Building SqFt: 3000 Style: Commercial Living Apx SqFt: 3000 Year Built: 2015 Total Bedrooms: 2 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: 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.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Professional Service: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Range: 1 Refrigerator: 1

Property Info

# Kitchens: 2 # Refrigerators: 2 # Washers: 1 # Dishwashers: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Carpet: 1 Marble: 1 Tile: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 4+ Off Street Parking: 1 Trailer Storage: 1

Construction

CBS: 1 Concrete: 1 Steel Reinforced: 1 Stucco: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Seller Finance Psble: 1

Utilities

Separate Meters: 1

Property Rights

Multi-Use/Commercial: 1

Miscellaneous

Fencing: 1 Handicap Access: 1 High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1 Lobby: 1 Residence on Premise: 1 Security System: 1 Storage: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Type: Professional Service Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking; Trailer Storage Cooling: Ceiling Fans(s); Central Air Utilities: Separate Meters Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator Miscellaneous: Fencing; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Lobby; Residence on Premise; Security System; Storage Construction: CBS; Concrete; Steel Reinforced; Stucco Floor: Carpet; Marble; Tile Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None Terms: Seller Finance Psble Property Rights: Multi-Use/Commercial
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: August - 13 - 2025
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