85960 Overseas Highway, Plantation Key, FL 33036 (MLS# 607080)

85960 Overseas Highway, Plantation Key, FL 33036

$4,900,000

Property Type: Commercial Square Footage: 10,994 Lot Size (sq. ft.): 10,000 Status: Closed

Current Price: $4,900,000 List Date: 10/18/2023 Last Modified: 9/10/2024

Description

Family Owned/Never offered prior to 2021-The Strahl Plaza in Islamorada offers Retail, office, and 2 complete penthouse stories of private residential space. Add to this multiple boat slips with new dockage, water and power, this truly checks all boxes. 1st floor is sought after covered parking, Outside parking available as well. 2nd floor offers 5 occupied retail spaces with their own entrance bathrooms and rear waterfront porches. The 3rd floor housed the homeland security offices until Sept 2021 and is self contained accessible by its own locked off elevator or staircases. Perfectly suited for a medical office space or shared use. The entire floor consists of approx 12 offices and offers 2 full baths with shower facilities. Shared or use as one business this is a unique opportunity to locate your business to the Florida Keys. Also an opportunity to sub divide- and convert to condos- or apartments. Couple this space with the next two levels of your own private living space offering open water views from all angles. Use as a living space for yourself, lease to your management team or on a monthly basis. Currently structured as a 2 bedroom 2 -1/2 bath apartment on one floor and the top open floor is your own bar, game room and captains quarters. Located seconds away from the Snake Creek bridge allowing sailboats and large boats access and dockage at the property. The Commercial space truly offers so many possibilities. Create your very own piece of paradise for work and leisure. Income producing and maintained impeccably by the current owners. Family owned since lovingly built by the owner in 1987. Please do not disturb the current businesses.

More Information MLS# 607080

Contract Information

Listing Board: Marathon/Lower Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $4,900,000 Listing Date: 2023-10-18 Sold Price: $4,900,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 86 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE Alternate Key #: 1497801 Parcel #: 00405550-000000 Zoning: NC - Neighborhood Commercial Legal: BK 2 LTS 9-10 VENETIAN SHORES PLAT NO 1 AMENDED AND EXTENDED PB3-157 PLANTATION KEY OR109-543 OR474-261 OR889-121 OR938- Taxes: 20084.16 Tax Year: 2022 Street #: 85960 Street Name: Overseas Street Suffix: Highway Key/Island: Plantation Key State/Province: FL Zip Code: 33036 Subdivision: Venetian Shores (86.0) County: Monroe Area: 25 - Plantation Key

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 8 Lot Size: 10,000 Lot SqFt: 10000 Business Name: Strahl Building Total Units: 0 Year Established: 1987-12-31 # Parking Spaces: 15 plus Off Street Parking: yes # Stories: 5 Building Ht. Ft.: 35 Total # Buildings: 1 Building SqFt: 10994 Style: Commercial Living Apx SqFt: 10994 Year Built: 1987

Remarks & Misc

Remarks – Consumer: Family Owned/Never offered prior to 2021-The Strahl Plaza in Islamorada offers Retail, office, and 2 complete penthouse stories of private residential space. Add to this multiple boat slips with new dockage, water and power, this truly checks all boxes. 1st floor is sought after covered parking, Outside parking available as well. 2nd floor offers 5 occupied retail spaces with their own entrance bathrooms and rear waterfront porches. The 3rd floor housed the homeland security offices until Sept 2021 and is self contained accessible by its own locked off elevator or staircases. Perfectly suited for a medical office space or shared use. The entire floor consists of approx 12 offices and offers 2 full baths with shower facilities. Shared or use as one business this is a unique opportunity to locate your business to the Florida Keys. Also an opportunity to sub divide- and convert to condos- or apartments. Couple this space with the next two levels of your own private living space offering open water views from all angles. Use as a living space for yourself, lease to your management team or on a monthly basis. Currently structured as a 2 bedroom 2 -1/2 bath apartment on one floor and the top open floor is your own bar, game room and captains quarters. Located seconds away from the Snake Creek bridge allowing sailboats and large boats access and dockage at the property. The Commercial space truly offers so many possibilities. Create your very own piece of paradise for work and leisure. Income producing and maintained impeccably by the current owners. Family owned since lovingly built by the owner in 1987. Please do not disturb the current businesses. Directions: Directions: directly across from the weigh station on US1. Strahl Plaza is large elevated building with 5 retail spaces on ground level.

Status Change Info

Sold Comments: What a pleasure it was Yvette- Thank you! Sold Date: 2024-04-25 Sold Price: $4,900,000 Status: Closed

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Professional Service: 1 Retail: 1 Other Services: 1

Fee Includes

None: 1

Dockage

Dock Length: 40 Dock: Concrete Boat Slip: 1 Seawall: Concrete

Appliances

Dishwasher: 1 Dryer: 1 Refrigerator: 1 Washer: 1

Property Info

# Boat Slips: 7

Cooling

Central Air: 1

Waterfront

Gulf Front: 1

Waterview

Bay/Gulf View: 1 Canal View: 1 Harbor/Marina View: 1 Ocean View: 1 Open Water View: 1

Floor

Combo: 1

Interior Features

Drapes/Blinds Incl: 1 Furnished: 1 Laundry Room: 1 Wet Bar: 1 Window Treatments: 1 Other: 1

Vehicle Storage

Covered Parking: 1 Garage: 1 Guest Parking: 1 Common Parking: 1

Construction

Concrete: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Buyer Obtain Finance: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Separate Meters: 1

Title

Title Ins - Buyer: 1

Miscellaneous

Elevator: 1 Handicap Access: 1 High Visibility: 1 Highway Frontage: 1 Hot Tub: 1 Lobby: 1 Open Water View: 1 Residence on Premise: 1 Security System: 1 Storage: 1

Roof

Combo Roof: 1 Concrete Roof: 1 Tile Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Storm Shutters: 1

Tenant Paid

Tnt Pays Other Utils: 1

Property Features

Deed Restrictions: Unknown Type: Professional Service; Retail; Other Services Waterfront: Gulf Front Waterview: Bay/Gulf View; Canal View; Harbor/Marina View; Ocean View; Open Water View Dockage: Boat Slip Vehicle Storage: Garage; Common Parking; Covered Parking; Guest Parking Cooling: Central Air Utilities: Buyer to Verify; FKAA; Separate Meters Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Wet Bar; Window Treatments; Other Appliances: Dishwasher; Dryer; Refrigerator; Washer Miscellaneous: Elevator; Handicap Access; High Visibility; Highway Frontage; Hot Tub; Lobby; Open Water View; Residence on Premise; Security System; Storage Construction: Concrete Shutters: Storm Shutters Floor: Combo Roof: Combo Roof; Concrete Roof; Tile Roof Land Size: Less Than 1/4 Acre Fee Includes: None Terms: Buyer Obtain Finance Title: Title Ins - Buyer Tenant Paid: Tnt Pays Other Utils

Listing Office: Florida Keys Realty Group LLC

Last Updated: September - 10 - 2024

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