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$1,750,000
87847 Overseas Highway
Plantation Key, FL 33036
MLS# 619538
Status: Closed
2764 sqft


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1 30 3 4 Reception 1 Downstairs Kitchen Downstairs Bathroom Conference Room Downstairs Hallway Executive Office #1 Executive Office #2 Downstairs Side Door Stairwell Upstairs Living Room 15 16 18 23 18 Master Bathroom 18 Master Bedroom 22 18 Master Balcony 27 25 Second Bedroom 25 Second Bathroom 32 33

Property Description
This 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.

Details
Maps
Contract Information
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
Species List: No
Location, Tax & Legal
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
General Property Description
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
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Property Info
# Kitchens: 2
# Refrigerators: 2
# Washers: 1
# Dishwashers: 1
Vehicle Storage
Car(s): 4+
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2026-04-17
Leased Date: 2026-04-17
Leased Price Monthly: $1,750,000
Status: Closed
Property Features
Type: Professional Service
Waterfront: None
Waterview: No Waterview
Dockage: None
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
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Fee Includes: None
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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