22725 Old State Rd
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22725 Old State Rd
1,800 SF Office Building Cudjoe Key, FL 33042 £766,801 (£426/SF)
Investment Highlights
- High Traffic - High Visibility - faces US Hwy 1
- Elevated CBS building
- Over 1/2 acrea of land
Executive Summary
Build your business off the OverSeas Hwy in Lower Keys! Commerical building on two lots offered for sale on Cudjoe Key. Suburban Commerical Zoning allows multitude of uses (see attached doc). Single building on two lots with 200 ft facing US Hwy 1. Established businesses near-by. Concrete block building (1,800 sq ft) currently configured as one unit. Could be partitioned into multiple, smaller units. Front faces US 1 with partially covered concrete walkway & ramp, three display widows (9.5 X 5 Ft) plus two doors. Roof replaced in 2018 with a membrane. This listing is for two adjoining lots (Parcel ID # 00178140-000000 and Parcel ID #00178130-000000). Building has not flooded due to being elevated and front portion of lot is built up. Accessible directly from US 1 via paved driveway (across bike path) with asphalt parking area at front of building. Both parcels border Pieces of Eight Rd at rear. Most recently housed a veterinary clinic. Note: is not hooked up to municipal sewer system, County will require abandonment of septic and sewer tie in. Building does not have functioning air conditioning. Power is active to building & one non-residential (Commercial) water meter is in place (according to FKAA). Currently no business operating at property & no tenants. Lot is overgrown.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
1,800 SF
Building Class
C
Year Built
1990
Price
£766,801
Price Per SF
£426
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,800 SF
Building FAR
0.07
Lot Size
0.58 AC
Zoning
Suburban Commercial - Commerical retail, offices, restaurant, professional, apartments, recreational. Refer to Municode sec 130-93 for Monroe County FL.
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £106,524 | |
Land Assessment | £350,883 | Total Assessment | £457,408 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£350,883
Improvements Assessment
£106,524
Total Assessment
£457,408
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22725 Old State Rd
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