105 Palm Avenue
Upper Matecumbe Key Islamorada, FL 33036

$1,500,000

Description

MAJOR POTENTIAL! OWNER FINANCING AVAILABLE! 15% down, 30 year term at 6% interest. Approximate monthly mortgage payment= $7,644. Offset by $2,800.00 minimal monthly rental income. Restaurant/mixed-use Commercial for SALE. Equipment, brick and mortar. No business conveys. Prime, heart of Islamorada's restaurant and art district. High traffic exposure along with Artwalk and other event foot traffic. Includes rented ART STUDIO and 2 apartments. Please, no contact with tenants.

Details

MLS#579632
StyleIndustrial
Sub-TypeResale
StatusActive
Year1948
Days On Site72

Features

SQ Feet3,624
Story(s)1
Units4
ZoningSC - Sub Urban Commercial Distri

Market Activity 33036

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Area Information

StateFL
CountyMonroe
CityUpper Matecumbe Key Islamorada
Zip Code33036
AreaIslamorada
Listing VS Median (in 33036)
Price:
$1,500,000
low | high
Med:
$930,000
88% of Average
SqFt:
3,624
low | high
Med:
2,026
94.094922737307% of Average
$ / SqFt:
$414
low | high
Med:
$459
39.097729516288% of Average
On Site:
72
low | high
Med:
448
16.071428571429% of Average
Listing Updated: 06/19/2018
MLS Number: 579632
Listing Provided By:
John Barba  of  Star Properties