Kim King - Coldwell Banker Schmitt
5016 5th Avenue
Stock Island, FL 33040

$2,000,000

Description

Waterfront 2 story building on Stock Island overlooking Cow Key Channel & Atlantic Ocean. Unique opportunity to own commercial space and Bay Bottom in the Florida Keys! Monthly rental income totaling $12,374/month!! Many commercial uses possible for building & uplands. Perfect location for Boat business,Private Club,Restaurant, Wholesale Seafood business,and Jet Skis business. Property is permitted for 7 boat slips with more possible. Long term tenant (radio station) uses only a small space for $4,300/month. With recent developments nearby this area is a booming investment opportunity!

Details

MLS#578107
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year1963
Days On Site340

Features

SQ Feet2,833
Story(s)2
ZoningMU - Mixed Use District

Market Activity 33040

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Area Information

StateFL
CountyMonroe
CityStock Island
Zip Code33040
AreaKey West
SubareaOutside of Key West
Listing VS Median (in 33040)
Price:
$2,000,000
low | high
Med:
$580,000
100% of Average
SqFt:
2,833
low | high
Med:
609
100% of Average
$ / SqFt:
$706
low | high
Med:
$952
15.095238095238% of Average
On Site:
340
low | high
Med:
624
54.487179487179% of Average
Listing Updated: 12/11/2018
MLS Number: 578107
Listing Provided By:
Tommy Mack  of  Coastal Collection Real Estate Inc.