$10,000,000
Big Pine Key, FL 33043
MLS# 115352
Status: Closed
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Property Description
Big Pine Key Shopping Center is the only major shopping center currently offered for sale in the Florida Keys. Offered at a 6.5% cap rate, the center is anchored by Winn Dixie, Beall's Outlet and Radio Shack. Built in 1984 and containing just under 100,000 SF on almost nine acres, this property is a prime triple net leased, fee simple investment or 1031 exchange property candidate. Potentially assumable existing CMBS mortgage.
Details
Maps
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $10,000,000
Listing Date: 2011-09-20
Sold Price: $10,000,000
Location, Tax & Legal
KW Neighborhood: Outside of Key West
City: OTHER
Mile Marker: 30
Side: Bay/Gulf
Alternate Key #: 1132900
Bldg Nbr: 0
Zoning: UC - Urban Commercial District
Legal: Better described as alternate key #1132900 Monroe County Property Card.
Taxes: 83726.53
Tax Year: 2010
Street #: 251
Street Name: Key Deer
Street Suffix: Boulevard
Key/Island: Big Pine Key
State/Province: FL
Zip Code: 33043
Subdivision: Pine Key Acres (30.5)
Area: 11 - Big Pine Key, No Name Key
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot SqFt: 382021
Business Name: Big Pine Key Shop Ce
# Parking Spaces: 0
# Stories: 0
Building Ht. Ft.: 0
Total # Buildings: 0
Building SqFt: 99196
Style: Commercial
Year Built: 1984
Remarks & Misc
Remarks – Consumer: Big Pine Key Shopping Center is the only major shopping center currently offered for sale in the Florida Keys. Offered at a 6.5% cap rate, the center is anchored by Winn Dixie, Beall's Outlet and Radio Shack. Built in 1984 and containing just under 100,000 SF on almost nine acres, this property is a prime triple net leased, fee simple investment or 1031 exchange property candidate. Potentially assumable existing CMBS mortgage.
Directions: In Big Pine Key turn onto Wilder Rd. from US1. Take slight left onto Key Deer Blvd. Shopping Center on your right.
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
Type
Shop/Strip Center: 1
Dockage
None: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Construction
CBS: 1
Stucco: 1
Land Size
5 Less Than 10 Acres: 1
Utilities
FKAA: 1
Roof
Other Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2013-07-09
Sold Date: 2013-09-11
Sold Price: $10,000,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Shop/Strip Center
Dockage: None
Utilities: FKAA
Construction: CBS; Stucco
Roof: Other Roof
Land Size: 5 Less Than 10 Acres
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.