305-609-4190
82891 Overseas Highway, Islamorada FL 33036
Active Single Family Residence

82891 Overseas Highway, Islamorada FL 33036

Islamorada, FL, 33036

$2,100,000

Est. $10,619/mo (20% down)

3
Beds
3.5
Baths
2,036
Sq Ft
1958
Year Built
Lot Sq Ft
Garage

Photo Gallery (33 photos)

About This Property

LIVE, WORK & PLAY IN ISLAMORADA | RARE SC COMBO ZONING! Income + residence at MM 82.8 on high-visibility Overseas Hwy! Walk to beach, shops & dining. Street-to-street 50x150 lot w/ Old Hwy rear access & parking for work trucks, trailers & boats. COMMERCIAL OFFICE: Fully outfitted CBS bldg w/ 6" concrete roof, dual mini-splits, full bath, separate meter, 3-phase electric & impact shutters. RESIDENTIAL COMPOUND: 3B/3.5B CBS home split into 4 spaces (A, B, C & flex room w/ half bath). Impact glass, 2024 roof, 2025 panel/water heater & updated ACs. Outdoor laundry & furnishings incl. Offered turn-key w/ 40-yr business assets. NDA req'd. DO NOT DISTURB OCCUPANTS! APPT ONLY. Square Footage Breakdown: Total finished living area of 2,036 sq. ft. includes 1,560 sq. ft. residential compound + 476 sq. ft. commercial office building (2,629 sq. ft. total gross area under roof).

Property Details

MLS #

B26059747

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1958

Days on Market

5

Stories

1

Pool

No

Waterfront

No

Price / Sq Ft

$1,031

HOA Fee

None

Est. Insurance

$700/mo

Tax Year

2025

Tax Amount

$4,575

Garage

Lot Size

MLS Area

Ocean View

Subdivision

OCEAN VIEW

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$14,700
Est. Monthly Rent
1.5%
Cap Rate
7.5%
Cash-on-Cash
$31,425
Net Operating Income

ROI Projections (4% Annual Appreciation)

146%
5-Year ROI
Value: $2,554,971
315%
10-Year ROI
Value: $3,108,513
513%
15-Year ROI
Value: $3,781,981

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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