34
Map
$2,100,000
●
House -
For Sale
82891 Overseas Highway
Islamorada, FL 33036
3 Beds
3 Baths,
1
Half Bath
2,036 Ft²
$10,693
Est. Monthly
About This Property
LIVE, WORK & PLAY IN ISLAMORADA | RARE SC COMBO ZONING! Income +
residence at MM 82.8 on high-visibility Overseas Hwy! Walk to
beach, shops & dining. Street-to-street 50x150 lot w/ Old Hwy rear
access & parking for work trucks, trailers & boats. COMMERCIAL
OFFICE: Fully outfitted CBS bldg w/ 6" concrete roof, dual
mini-splits, full bath, separate meter, 3-phase electric & impact
shutters. RESIDENTIAL COMPOUND: 3B/3.5B CBS home split into 4
spaces (A, B, C & flex room w/ half bath). Impact glass, 2024 roof,
2025 panel/water heater & updated ACs. Outdoor laundry &
furnishings incl. Offered turn-key w/ 40-yr business assets.
NDA req'd. DO NOT DISTURB OCCUPANTS! APPT ONLY. Square
Footage Breakdown: Total finished living area of 2,036 sq. ft.
includes 1,560 sq. ft. residential compound + 476 sq. ft.
commercial office building (2,629 sq. ft. total gross area under
roof).
Unit Size
2,036 Ft²
Days on Market
102 days
Land Size
0.17 acres
Price per sqft
$1,031
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1958
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (Beaches MLS #B26059747)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Listed by Keys Properties of the PB's | $2,100,000 | |
| Listed by Keys Properties of the PB's | |||
| Sep 4, 2020 | No longer available | - | |
| No longer available | |||
| Jun 26, 2020 | Price Increased |
$1,405,000
↑ $5K
(0.4%) | |
| Price Increased | |||
| Apr 7, 2020 | Listed | $1,400,000 | |
| Listed | |||
| | |||
|
Commercial property/ Live, work and play!Residence in back with 3 bed/3 bath/with income! Great Visibility withstorefront /office upfront. Access to Old Road & Overseas Highway. Rare find with combination zoning of commercial and residential. Walk to the beach and shops! Lot size 50 feet x 150 feet. Plenty of parking spaces in front and back of property.
| |||
| Jun 17, 1998 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Carport
Has Open Parking
Parking Features: Attached Carport, Boat, Carport, Driveway, Detached, Guest, Gravel, Open
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built-in Features, Kitchen Island, Pantry, Storage, BedroomOnMainLevel, LivingDiningRoom, MainLevelPrimary, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer
Flooring Type: Laminate, Tile, Wood
Laundry Features: Washer Hookup, Electric Dryer Hookup, Main Level, Outside, See Remarks
Rooms: 3
Exterior Details
Square Footage: 2036
Square Footage Source: $0
Security Features: Closed Circuit Camera(s), Security Gate, Smoke Detector(s), Security Fence, Security Lights
Property Condition: Updated/Remodeled, Resale
Architectural Style: Ranch, Florida
Year Built: 1958
Waterfront Features: None
Building Area Total: 2629
Levels: One
Other Structures: Guest House, Outbuilding, Shed(s), Storage, Workshop
Window Features: Blinds, Drapes, Shutters, Metal, SingleHung, Sliding
Construction Materials: Block, Concrete, Stucco, CBSConcreteBlockStructure
Patio and Porch Features: Patio, Porch, Screened, Open, Balcony
Lot Features: Landscaped, None, OversizedLot, LessThanQuarterAcre
Lot Size Area: 7405.2
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Lot Size Dimensions: 50 x 150
Water Source: Public
Financial Details
Tax Assessed Value: $649,790
Tax Annual Amount: $4,576
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Ductless, Electric, Heat Pump, Wall/Window Unit(s)
Heating Type: Central, Electric, Heat Pump, Wall Furnace
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Islamorada, Village of Islands
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Listed by: Keely A Burton
Keys Properties of the PB's
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# B26059747
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Keys Properties of the PB's
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# B26059747
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