25000 Overseas Hwy
Summerland Key, FL 33042

Property tours are available by appointment ONLY. Please contact Curtis A. Skomp CCIM to schedule at cskomp@remax.net or 305-304-0084. Investment Highlights: Rarely available large Special Purpose Office Building in Lower Keys Value add opportunity through lease-up or future redevelopment Favorable Suburban Commercial Zoning Excess land for additional build out or excess parking Located at halfway between Marathon and Key West at Mile Marker 25 Corner lot with great Overseas Highway exposure with large marquee sign for tenants Built above Base Flood Levels with Elevated, reinforced concrete footings Investment Overview: The Lower Keys Office Building is a special purpose government, bank, or commercial/office building located in a prime hard corner in the lower Florida Keys located at 25000 Overseas Hwy in Summerland Key, FL. This asset offers either an owner occupant opportunity or a huge value add opportunity for investors through either lease-up at market rates or reconfiguration/redevelopment. Located on ñ0.92 AC parcel, the Property is positioned on a large 200 x 200 hard corner lot with ample parking and excess land. The large lot also offers value-add throu The large lot also offers value-add through future redevelopment or increased footprint. Built in 1980, the Building offers a total ñ9,175 SF (ñ7,512 GLA) with over ñ4,500 per floor, ñ1,850 SF of common area, high ceilings, central A/C, ADA restrooms and functional walk-in vault from former anchor tenant. Access to 2nd floor via interior elevator or through two staircases (inside and outside). The Lower Keys Office Building was formerly occupied by Centennial Bank and offers investors the ability to create value through lease-up at market rates through various configurations. The Property is currently ñ86% occupied by short term MTM tenants with no leases in-place. This allows investors immediate value-add through aggressive lease-up at market rates or enables an owner user immediate occupancy/use. This asset features both built-in infrastructure perfect for a single tenant, or a flexible floor plan that can easily be divided to accommodate multiple users/tenants on long term market rate leases. Located in Monroe County, Summerland Key is an island in the lower Florida Keys almost mid-way between the "large" cities of Marathon and Key West (approximately 20 miles east of the P