Koniver Stern Group negotiated the sale of a 9,000-square-foot retail building located at 82790 Overseas Highway in Islamorada occupied by Dollar Tree sold for $2,050,000.
The building is situated on 24,829 square feet of land along Overseas Highway.
The off-market transaction was brokered by Jordan Gimelstein and David Spitz of Koniver Stern Group.
“This was a great opportunity to purchase a cash flowing asset in a high barrier of entry market place, with future redevelopment upside,” commented Spitz. “We have seen a huge demand in 2021 from buyers wanting to purchase investment properties in South Florida.”
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