251 Key Deer Boulevard, Big Pine Key, FL 33043 (MLS# 115352)

251 Key Deer Boulevard, Big Pine Key, FL 33043

$10,000,000

Property Type: Commercial Lot Size (sq. ft.): 382,021 Status: Closed

Current Price: $10,000,000 List Date: 9/20/2011 Last Modified: 9/09/2024

Description

Big Pine Key Shopping Center is the only major shopping center currently offered for sale in the Florida Keys. Offered at a 6.5% cap rate, the center is anchored by Winn Dixie, Beall's Outlet and Radio Shack. Built in 1984 and containing just under 100,000 SF on almost nine acres, this property is a prime triple net leased, fee simple investment or 1031 exchange property candidate. Potentially assumable existing CMBS mortgage.

More Information MLS# 115352

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $10,000,000 Listing Date: 2011-09-20 Sold Price: $10,000,000

Location, Tax & Legal

KW Neighborhood: Outside of Key West City: OTHER Mile Marker: 30 Side: Bay/Gulf Alternate Key #: 1132900 Bldg Nbr: 0 Zoning: UC - Urban Commercial District Legal: Better described as alternate key #1132900 Monroe County Property Card. Taxes: 83726.53 Tax Year: 2010 Street #: 251 Street Name: Key Deer Street Suffix: Boulevard Key/Island: Big Pine Key State/Province: FL Zip Code: 33043 Subdivision: Pine Key Acres (30.5) Area: 11 - Big Pine Key, No Name Key

General Property Description

Realtor.COM Type: Commercial Waterfront: No Lot SqFt: 382021 Business Name: Big Pine Key Shop Ce # Parking Spaces: 0 # Stories: 0 Building Ht. Ft.: 0 Total # Buildings: 0 Building SqFt: 99196 Style: Commercial Year Built: 1984

Remarks & Misc

Remarks – Consumer: Big Pine Key Shopping Center is the only major shopping center currently offered for sale in the Florida Keys. Offered at a 6.5% cap rate, the center is anchored by Winn Dixie, Beall's Outlet and Radio Shack. Built in 1984 and containing just under 100,000 SF on almost nine acres, this property is a prime triple net leased, fee simple investment or 1031 exchange property candidate. Potentially assumable existing CMBS mortgage. Directions: In Big Pine Key turn onto Wilder Rd. from US1. Take slight left onto Key Deer Blvd. Shopping Center on your right.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

Type

Shop/Strip Center: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Construction

CBS: 1 Stucco: 1

Land Size

5 Less Than 10 Acres: 1

Utilities

FKAA: 1

Roof

Other Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2013-09-11 Sold Price: $10,000,000 Status: Closed

Property Features

Deed Restrictions: Unknown Type: Shop/Strip Center Dockage: None Utilities: FKAA Construction: CBS; Stucco Roof: Other Roof Land Size: 5 Less Than 10 Acres

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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