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99551 Overseas Hwy Highway

Key Largo, FL 33037
  • $107,000
  • STATUS: Closed
  • ON SITE: 80 Days
  • MLS #: 597153
Sold - 10/14/2021
$107,000
SOLD - 10/14/2021
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
Type:
Business Opportunity
Built:
1975
County:

School Ratings & Info

Description

Long time, 30 plus years, well established business. Great lease from Bank of America at 2,984.20 which includes all utilities. Brand new 2021 Nissan delivery van with a $5,000 advertising wrap. The cost of flowers is approximately $2,000 per week and the industry norm is a 4-5 time market up. Key Largo Flowers and Gifts averages a 4 time mark up or an $8,000 weekly gross which leaves a $6,000 profit per week. Averaging $312,000 annually. Plus the sales of their gifts, lottery ticket sales, and jewelry. Fantastic Key Largo location in the Bank of America building and the only local florist. The business has several regular motel clients and wedding vendors, but there is a lot of room for expansion.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Infinity Realty LLC are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestpropertylistings.com/homes/119982360
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99551 Overseas Hwy Highway Key Largo, FL 33037

  • Price: $115,000
  • Status: Closed
  • Updated: 191 min ago
  • MLS #: 597153
0
Beds
0
Baths
1
½ Baths
N/A
Acres
1975
Built
Neighborhood:
Misc Sub Mm 97-107 (98.0)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
Long time, 30 plus years, well established business. Great lease from Bank of America at 2,984.20 which includes all utilities. Brand new 2021 Nissan delivery van with a $5,000 advertising wrap. The cost of flowers is approximately $2,000 per week and the industry norm is a 4-5 time market up. Key Largo Flowers and Gifts averages a 4 time mark up or an $8,000 weekly gross which leaves a $6,000 profit per week. Averaging $312,000 annually. Plus the sales of their gifts, lottery ticket sales, and jewelry. Fantastic Key Largo location in the Bank of America building and the only local florist. The business has several regular motel clients and wedding vendors, but there is a lot of room for expansion.
Exterior Features

Building Style Ground Level Construction CbsConcrete Dockage None Miscellaneous High Traffc LocationHighway Frontage Parking Spaces 8 Side Ocean Style Business Opportunity View None Waterfront YN No Waterview None

Interior Features

Cooling Heating Central A/CHeat Floor CarpetTile Floor Sq Ft Building 1750.00

Property Features

Business Name Kl Flowers And Gifts Business Type Other - See RemarksRetail Business Type1 Retail City Key Largo Gross Income 361000.00 Listing Board Florida Keys Mile Marker 98.00 Rent Amount 2984.20 Rent Includes ElectricWater Tax Year 2020 Taxes 0.00 Terms Other - See Remarks Zoning Sc - Sub Urban Commercial District

Listing courtesy of Bud Cornell of Cornell Commercial Real Estate, Inc..


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Infinity Realty LLC are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Infinity Realty LLC
3229 Flagler Ave 103
Key West FL, 33040