What Is The Formula For Determining Cap Rate?

Are you just beginning to look into commercial real estate and curious about the term, "cap rate"? As a formula, you divide the net operating income (NOI) of a rental property by the value of the property. Thats will give you a percentage. The percentage shows the annual rate of return on the rental property. You can

54th Old Island Days Art Festival

Head on out to Downtown this Saturday for the 54th Annual Old Island Days Art Festival. It starts at 10 am on Saturday and runs through Sunday. This juried outdoor fine arts festival will feature water color paintings, oil paintings, photography, sculptures, hand woven garments, and other fine arts from more than 100 artists across

2023-08-07T18:56:55-04:00February 20th, 2019|Buyers, Events, Key West, Uncategorized|

Florida’s Upper Keys U.S. 1 Mile Marker Guide- Mile 112.5 through Mile 100

If you're thinking about buying commercial property in the Florida Keys, a fun way to become familiar with them is by taking a road trip down U.S. 1. The upper Keys has lots of fun surprises and this mile marker guide for Mile 100 through Mile 112.5 will highlight the coolest places to stop! Mile

2023-08-07T18:56:55-04:00February 18th, 2019|Buyers, Key largo, Restaurants, Upper Keys|

Decades-Old ‘Marathon Seafood Festival’ Set For March 9-10

The Marathon Seafood Festival was founded four decades ago by commercial fishermen. The Florida Keys has a couple other seafood festivals at least, but this is coined the "Original Marathon Seafood Festival." It's coming to Marathon March 9th and 10th. It's the oldest seafood festival in the Florida Keys. Members of the Organized Fishermen of

2023-08-07T18:56:56-04:00February 8th, 2019|Buyers, Events, Marathon, Restaurants|

The Overseas Pub & Grill: Amazing Florida Keys Investment Opportunity In Marathon

The Overseas Pub & Grill is located at 3574 Overseas Hwy (Mile Marker 49 on US 1) in Marathon, Florida. It was originally founded in 1937 and reopened in 2016 under the current owners. The current owners spent nearly three years carefully restoring the property in order to properly reflect the desired Florida Keys ambiance and

2023-08-07T18:56:56-04:00February 6th, 2019|Buyers, Buying Commercial Real Estate, Marathon, Restaurants|

Living History Weekends At Fort Zachary Taylor Historic State Park In Key West

The next Living History Weekend at Fort Zachary Taylor Historic State Park will be held on Saturday, February 16. The re-enactments, which begin at 10 o'clock in the morning and end at 2 o'clock in the afternoon, transform the parade ground at the historic state park into a Union-occupied encampment. The re-enactors depict life as if

2023-08-07T18:56:56-04:00February 2nd, 2019|Buyers, Events, Key West, Social and Community Events|

Pigeon Key Art Festival This Weekend!

This weekend, February 2nd and February 3rd, is the 25th Annual Pigeon Key Art Festival. This festival is a great way to learn more about the Florida Keys, if you're thinking about buying commercial real estate in the Florida Keys. It's a two-day juried event. The Pigeon Key Art Festival attracts quality art purchasers and

Landlord Duties And Obligations For Commercial Real Estate In Florida

Landlords in Florida have the most primary duty and obligation to make sure the property is available to the lessee on the date stated on the lease. They also have other duties too though. Here are a few duties that commercial lessors in Florida must follow. The landlord has a "duty of quiet enjoyment." This

How Does Florida’s Statutory Lien Remedy Allow Commercial Lessors To Recover Past Due Rent?

As a commercial landlord, you may eventually be forced to deal with your tenants' failing to pay rent. Should that happen, you do have a means of recourse. Obviously you can begin an eviction process. Yet, what about all of the missed rent payments? Do you, a commercial lessor, have to consider that a loss

Don’t Miss The Florida Keys Celtic Festival This Weekend!

This weekend, be sure to catch the Florida Keys Celtic Festival (FKCF). If you've been considering purchasing commercial real estate in Marathon, this is a great chance to see what kind of community awaits you. This is an annual celebration of Celtic heritage, This will be the sixth annual Florida Keys Celtic Music Festival. It's

2023-08-07T18:56:57-04:00January 10th, 2019|Buyers, Social and Community Events|
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