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Commercial Real Estate in Key West & the Florida Keys by RE/MAXCommercial Real Estate in Key West & the Florida Keys by RE/MAX

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What’s The Difference Between A Commercial And Residential Real Estate Agent?

Commercial real estate and residential real estate are entirely different. It’s important to choose an agent/broker who is familiar with the specifics of commercial real estate when buying or leasing commercial real estate. The two disciplines of real estate vary greatly. Commercial real estate is focused on real estate involving business. The predetermined objective of buying, selling or leasing real estate is business. Meanwhile, residential real estate is focuses on the needs of a homeowner and their family. This real estate discipline is focused on personal use.

Commercial Real Estate Categories

With residential real estate, you are usually selling homes for people to live in. With commercial real estate, you could be selling apartments, raw-land for business use, industrial property, retail property or office space. Often, those of us in commercial real estate are not even selling real estate, but rather helping connect landlords with tenants for commercial space in each of these categories.

The Differences Between Selling Commercial Real Estate And Residential Real Estate

Selling commercial real estate relies heavily in understanding return-on-investment calculations. While residential real estate can be heavily reliant on emotions, business real estate sales must be reliant the on the figures.  With residential real estate, you generally sell to an individual or a family. With commercial real estate, you can also be selling to an individual or a family, but you might also be selling to a company, investor or firm.

The fact is, commercial real estate is almost always harder to sell than residential real estate. Whether you are purchasing commercial real estate or selling it, you will want to connect with a real estate company with plenty of experience selling exclusively commercial real estate.

In commercial real estate, an agent must have a deep knowledge of the terminology and concepts like capitalization rate, internal rate of return, real estate analytics, and gross rent multiplier. Agents without a solid understanding of property valuation, rent structure, and a laundry list of other critical factors involved in commercial real estate will invariably find themselves in over their head and fail to deliver the service and skills to their client that is required for a sound decision.

In the Florida Keys, commercial real estate agents must also have a keen understanding of extra involved zoning regulations and ordinances based on geology and ecology as well.

RE/MAX Keys Connection

6440 Maloney Avenue $12,000,000

6440 Maloney Avenue Stock Island, Florida

9,418 SqFt

1622 Overseas Highway $9,900,000

1622 Overseas Highway MARATHON, Florida

3,400 SqFt

59073 Overseas Highway $7,990,000

59073 Overseas Highway MARATHON, Florida

2 Beds 22,069 SqFt

919 - 921 Duval Street $3,995,000

919 - 921 Duval Street KEY WEST, Florida

9 Beds 6 Baths 4,173 SqFt

3574 Overseas Highway 1-7 $3,750,000

3574 Overseas Highway 1-7 MARATHON, Florida

5 Beds 5 Baths 8,413 SqFt

99304 Overseas Highway $3,700,000

99304 Overseas Highway KEY LARGO, Florida

7,651 SqFt

100150 Overseas Highway $2,900,000

100150 Overseas Highway KEY LARGO, Florida

2,436 SqFt

909 Frances Street $2,400,000

909 Frances Street KEY WEST, Florida

3 Beds 3 Baths 1,728 SqFt 0.040 Acres

19269 Bad George Road $1,650,000

19269 Bad George Road Sugarloaf, Florida

6,205 SqFt

8349 Overseas Highway $1,499,000

8349 Overseas Highway MARATHON, Florida

2,179 SqFt

188 La Paloma Road $1,400,000

188 La Paloma Road KEY LARGO, Florida

3 Beds 2 Baths 1,392 SqFt 0.150 Acres

372 Mahogany Drive $1,400,000

372 Mahogany Drive KEY LARGO, Florida

4 Beds 3 Baths 1,661 SqFt

1075 Duval Street $1,300,000

1075 Duval Street KEY WEST, Florida

1 Beds 1,625 SqFt

916 Red Bird Road $1,300,000

916 Red Bird Road KEY LARGO, Florida

5 Beds 3 Baths 2,556 SqFt 0.110 Acres

511 Greene Street 101 $1,100,000

511 Greene Street 101 KEY WEST, Florida

4 Baths 6,455 SqFt

Upscale, Comfortable Commercial Real Estate Office

The RE/MAX Keys Connection office is located in the Historic Heritage House in the heart of Old Town, conveniently located immediately nearby major downtown hotels. Our unique, cafe-style real estate office offers our valued clients a welcoming, upscale, professional environment. Enjoy complimentary beverages, free wi-fi, and a private conference room or expansive front porch, depending on the level of privacy you’re most comfortable with.

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Experienced Commercial Real Estate Brokerage Company

RE/MAX Keys Connection’s owner and broker Curtis Skomp is one of South Florida’s top commercial real estate brokers. With over two decades of experience and a CCIM (Certified Commercial Investment Member) designation, Curtis has brokered commercial real estate including industrial properties, shopping centers, strip malls, trailer parks, bars, restaurants, hotels and multi-unit apartment buildings. Unlike many brokers, Curtis isn’t intimidated by bank foreclosures either.

RE/MAX Keys Connection offers clients international exposure with local service. Our service area includes  Key West, Big Pine Key, Marathon, Islamorada, Key Largo, and all of unincorporated Monroe County.  Our office is fluent in Spanish, which is highly important when doing business in Southern Florida.

Contact RE/MAX Keys Connection Today!

Posted in: Buyers, Buying Commercial Real Estate, Environmental Concerns For Businesses, Leasing Commercial Real Estate, Renting Commercial Real Estate, Sellers Tagged: apartments, capitalization rate, commercial properties, commercial property zoning, commercial real estate, commercial real estate transactions, industrial property, internal rate of return, leasing commercial real estate, raw-land, real estate analytics, residential real estate, retail property

About Curtis A. Skomp, CCIM

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Key West Office

RE/MAX ALL KEYS REAL ESTATE
305-296-1400 Office

Business Address:
517 Duval St Suite 200, Key West, FL 33040

View RE/MAX All Keys Real Estate Key West location on Google

Key Largo Office

RE/MAX ALL KEYS REAL ESTATE
305-451-0060 Office

Business Address:
98880 Overseas Hwy, Key Largo, FL 33037

View RE/MAX All Keys Real Estate Key Largo location on Google

Miami Office

RE/MAX Advance Realty
305-444-7111 Office

Business Address:
7220 Red Rd., South Miami, FL 33143

View RE/MAX Advance Realty South Miami location on Google

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Licensed in Florida | Key West FL Commercial Real Estate

AREAS WE COVER:

33040, 33043, 33042, 33050, 33036, 33037
Key West, Stock Island, Big Pine Keys, Marathon, Islamorada, Key Largo

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