87847 Overseas Highway
Plantation Key, FL 33036
MLS# 619538
Status:
Closed2764 sqft
Property DescriptionThis luxury commercial property in the heart of Islamorada offers prime US-1 highway frontage with high visibility, dual access to Old Highway, and a large, lit highway sign for maximum exposure. Built in 2015, this 3,000 SF mixed-use building features 1,500 SF of premium commercial space on the ground floor, including a grand reception area, two executive offices, a spacious conference room, a full kitchen, and an ADA-compliant bathroom, making it ideal for medical, legal, real estate, or executive office use. The 1,500 SF second-floor residential unit includes two bedrooms, two bathrooms, a modern kitchen, and a private balcony, offering luxury accommodations for an owner-user or an excellent rental income opportunity. Never permanently occupied, it remains in brand-new condition with no expenses spared. HC-Highway Commercial zoning allows for flexible use, making this a prime opportunity for a business owner, investor, or real estate professional. This turnkey property has never been leased and has been owner-occupied since completion.
Current Price: $1,750,000
Listing Date: 2026-04-17
Listing Board: Key West Association
Leased Price Monthly: $1,750,000
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Street #: 87847
Street Name: Overseas
Street Suffix: Highway
Key/Island: Plantation Key
State/Province: FL
Zip Code: 33036
Subdivision: Plant Beach (87.5)
County: Monroe
Area: 25 - Plantation Key
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 50 X 120
Lot SqFt: 6000
Waterfront: No
# Parking Spaces: 8
# Stories: 2
Building SqFt: 2764
Living Apx SqFt: 2764
Year Built: 1953
Mandatory Home Owners Asc: No
1st Right of Refusal: No
# Kitchens: 2
# Refrigerators: 2
# Washers: 1
# Dishwashers: 1
Bank Owned: No
Potential Short Sale: No
Under Contract Date: 2026-04-17
Leased Date: 2026-04-17
Leased Price Monthly: $1,750,000
Status: Closed
Type: Professional Service
Vehicle Storage: Off Street Parking; Trailer Storage
Cooling: Ceiling Fans(s); Central Air
Utilities: Separate Meters
Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator
Miscellaneous: Fencing; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Lobby; Residence on Premise; Security System; Storage
Construction: CBS; Concrete; Steel Reinforced; Stucco
Floor: Carpet; Marble; Tile
Land Size: Less Than 1/4 Acre
Terms: Seller Finance Psble
Property Rights: Multi-Use/Commercial
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: April - 17 - 2026
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