305-609-4190
105 PALM AVE., Islamorada FL 33036
Active Commercial

105 PALM AVE., Islamorada FL 33036

Islamorada, FL, 33036

$4,600,000

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Beds
—
Baths
—
Sq Ft
1951
Year Built
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Lot Sq Ft
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Garage

Photo Gallery (21 photos)

About This Property

This is an exceptionally rare chance to secure a versatile mixed use commercial property in Islamorada's most established business corridors. With prominent highway frontage, excellent visibility, and steady traffic exposure, theses three building are ideally positioned for a wide range of commercial uses. making it an appealing option for investors and owner-operators. The building features a practical, adaptable layout suitable for professional offices, medical or wellness services, boutique retail, administrative operations, or specialty businesses. Large front-facing windows bring in natural light and enhance street presence, creating an inviting entry point for customers and clients. The footprint also supports the creation of private offices, treatment rooms, or storage areas, allowing businesses to tailor the space to their operational needs. On-site parking adds significant value, providing convenient access for customers and employees--an important advantage in Islamorada's commercial zones. Excellent signage opportunities ensure strong brand exposure. Easy ingress and egress make the location suitable for both destination-based and walk-in business models. Surrounded by established businesses, restaurants, marinas, and residential neighborhoods, the property benefits from a diverse and active customer base. Islamorada's strong local economy enhances the long-term appeal of this location. Totally renovated in 2019. Business is not part of thr sale.

Property Details

MLS #

A11973593

Status

Active

Property Type

Business Opportunity

Sub Type

Commercial

Year Built

1951

Days on Market

125

Pool

No

Waterfront

No

HOA Fee

None

Est. Insurance

$1,533/mo

Tax Year

2025

Tax Amount

$17,206

Garage

—

Lot Size

—

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Flood Zone & Insurance

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

Investment Analysis

$32,200
Est. Monthly Rent
1.2%
Cap Rate
5.9%
Cash-on-Cash
$54,467
Net Operating Income

ROI Projections (4% Annual Appreciation)

138%
5-Year ROI
Value: $5,596,603
299%
10-Year ROI
Value: $6,809,124
489%
15-Year ROI
Value: $8,284,340

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

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