Commercial > Office
Active
1 week ago
List Price
$1,195,000
88101 Old Hwy
Islamorada, FL 33036
- -Bed
- 2Baths
- 2,244ft²Living Area
- 6,000ft²Lot Size
- -Pool
- -Car
- 1991Year Built
- 9DOM
- -Permit
88101 Old Hwy, Islamorada, FL 33036 is a 2 bath, 2,244 ft² commercial office property property built in 1991 on a 0.138 acre lot. This commercial office property is currently for sale for $1,195,000, and it was last sold in 2021 for $600,000.
MLS Description
The listing agent's description. Original Listing
Looking to purchase your own office space while also generating rental income? This property delivers both. Located in Islamorada, this two-story Key West/Conch-inspired building is zoned for mixed-use highway commercial. 50 feet of frontage along the Overseas Highway, providing strong visibility and signage potential. The exterior is accented by mature landscaping, with parking that includes four spaces in front of the building (per survey, now landscaped) and nine more spaces in the rear with direct access from Old Highway. Inside, the building offers a bright reception area and functional layout.The second floor features 5 one-room offices with a shared kitchenette and half bath, providing the potential of consistent income from annual or month to month tenants. On the ground level, the owner's suite includes a private office, a small meeting room, and a larger executive-style conference room, along with its own kitchenette and half bath. There is one additional office and locked storage room down another set of stairs bringing the total to 7 private offices and two conference rooms. Positioned in a central Upper Keys location, the property is just minutes from local courthouse, downtown Islamorada and Tavernier, with convenient access to local restaurants, shopping, and Founder's Park. With the space for an owner's own office and conference room this property presents an excellent investment in one of the most desirable areas of the Florida Keys.
Listing Agents
The listing agent for 88101 Old Hwy is Gregory Dully.
GD
Gregory Dully
RE/MAX All Keys Real Estate
License: 3420625
Phone: (305) 451-0060
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$6,243.08From latest Total Assessed Value0.76%Total Assessed Value$821,345=Land+
Assessed Value$521,640Additions
Assessed Value$299,705
In 2024, taxes billed for 88101 Old Hwy were $6,243.08, which is 0.76% from latest Total Assessed Value of $821,345.
Property History
88101 Old Hwy has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 88101 Old Hwy
Hazard Risks
Hurricane627Weather330Nat'l Avg100Particulates89Carb Mono80Air Pollution79Ozone74Lead56Tornado40Earthquake10Wind7Hail0
11 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 88101 Old Hwy.
Walkability Index
9 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
88101 Old Hwy has a walkability score of 9 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
63°F
High
76°F
Summer
Average
Low
77°F
High
89°F
In the winter at 88101 Old Hwy, temperatures range from 62.95°F to 76.19°F with an average of 69.57°F. In the summer, the temperature ranges from 77.25°F to 88.89°F with and average of 83.07°F.
School Information
Public/private schools serving 88101 Old Hwy
Public Schools
Plantation Key School
Grades: PK-8
1.59 mi
A-
Coral Shores High School
Grades: 9-12
1.83 mi
C+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 88101 Old Hwy have ratings undefined, and undefined.
Neighborhood
This property is located in Islamorada Village Of Islands.
Seasonal Housing units 33036
74%of housing is for seasonal rent.
Daytime Population for 33036
+4%of people during work hours.
Crime Index for 33036
138
138
The crime index in 33036 is 138, which is 1.4 times higher than national average.
Market Trends
Historical market data near 88101 Old Hwy over selected time period.
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