Type: Private
Price: $2,950,000
Location: 76800 Overseas Highway, Islamorada, FL
Bedrooms: 1
Bathrooms: 2
Condition: Used
For sale by: Agent/Broker
Agent: Nancy Hershoff
Land Use Attorney has stated: Islamorada Tennis Club 76800 Overseas Hwy, Lower Matecumbe Key, Islamorada, FL 33036 Parcel#:00396950-000200The Property is approximately 3.2 Acres.
1 Acre is classified as environmentally sensitive. The Property is categorized within the Future Land Use Map (FLUM) as Mixed Use (MU) and is within the Village Center
(VC) Zoning District.1. What is the maximum buildable square footage left on this property based off previous development orders? VC allows a floor area ratio (FAR) of 0.35. According to a 2017 pre-application letter prepared by the Village of Islamorada 33,492 sf is recognized as buildable.
33,492 x 0.35=11,722 sf max FAR, 11,722-8,130=3,592 sf of FAR remaining. Code allows up to a 10,000 sf building. Storage must be in a standalone building if the existing building is to be re-purposed.2. Can this property be converted to affordable housing with commercial? Yes. The optimal layout would be first floor commercial with deed restricted affordable housing as a second, and possible third
floor use.3. How many affordable housing units can be placed on the property? Depends on the layout. A minimum of 25 units (LDC Sec.30-692(b)(3)). Also look to the newly adopted 'Live Local Act' for additional entitlements in Florida Statutes.
The seller says there might be a possibility of up to 45 units but the buyer must confirm with the Village of Islamorada.
Storage, Tennis
Office/industrial building on 2.108 acres for sale.
Centrally located with excellent access to Kitchener, Waterloo, Guelph and Cambridge. Current building of 10,129 sq. ft. (mix of office and industrial space with dock level loading). Building is currently tenanted. Building and 1 acre is available for reduced price and subject to severance.
Great opportunity to own an iconic hotel and restaurant in a booming ski town, with Seller Financing available!
So much square footage for the price in Sunnyside Kellogg. The restaurant is leased out and includes a full Liquor License and a 2/1 apartment for owner or manger's housing. Value Add opportunity to finish the 16 unit hotel and a NEW
ROOF installed April 2022. The property is located within an opportunity zone creating tax incentives for a savvy investor. DO NOT disturb employees or customers.
DOWNTOWN KELSEYVILLE!
Storefront opportunity! Perfect central location on Main St. Approx 1250 sf with 2 parking spaces behind building, new heat/AC unit + monitor heater, new metal awning out front! Exterior paint less than 2 years old, new interior paint & partial flooring replaced. One half bath. LC23177195. [$295,000 KELSEYVILLE COMMERCIAL]
AC, Parking
Commercial Space, 2.3 acres with an 8400 sq ft frame construction building with 6" sidewalls, divided off into multiple large areas with drywall walls and doors, this exceptional location has a blacktop parking, Excellent location for indoor market, repair, rental or climate-controlled storage or ATV and ORV vehicles A short distance from acres of State Land and a few miles North of Sugar Springs.
Storage
Office/industrial building on 2.108 acres for sale.
Centrally located with excellent access to Kitchener, Waterloo, Guelph and Cambridge. Current building of 10,129 sq. ft. (mix of office and industrial space with dock level loading). Building is currently tenanted. Building and 1 acre is available for reduced price and subject to severance.
Great opportunity to own an iconic hotel and restaurant in a booming ski town, with Seller Financing available!
So much square footage for the price in Sunnyside Kellogg. The restaurant is leased out and includes a full Liquor License and a 2/1 apartment for owner or manger's housing. Value Add opportunity to finish the 16 unit hotel and a NEW
ROOF installed April 2022. The property is located within an opportunity zone creating tax incentives for a savvy investor. DO NOT disturb employees or customers.
DOWNTOWN KELSEYVILLE!
Storefront opportunity! Perfect central location on Main St. Approx 1250 sf with 2 parking spaces behind building, new heat/AC unit + monitor heater, new metal awning out front! Exterior paint less than 2 years old, new interior paint & partial flooring replaced. One half bath. LC23177195. [$295,000 KELSEYVILLE COMMERCIAL]
AC, Parking
Commercial Space, 2.3 acres with an 8400 sq ft frame construction building with 6" sidewalls, divided off into multiple large areas with drywall walls and doors, this exceptional location has a blacktop parking, Excellent location for indoor market, repair, rental or climate-controlled storage or ATV and ORV vehicles A short distance from acres of State Land and a few miles North of Sugar Springs.
Storage
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