Commercial

91865 Overseas Highway, Tavernier

$6,495,000.00

Bedroom 0 bedrooms

  • MLS #: 619962
  • Address: 91865 Overseas Highway, Tavernier, FL 33070
  • SQFT: 9878
  • Acres: 21140
  • Subdivision: Tavernier No 2 (91.5)

Location Location

Agent Comments Agent Comments
Exceptional mixed-use investment opportunity in the heart of Tavernier at 91865 Overseas Highway. This fully renovated income-producing property features a strong tenant mix consisting of 10 residential apartments and 5 established commercial tenants, including a popular pizzeria, boutique doctor's office, hair and nail salon, coffee shop, and additional long-term businesses serving the Upper Keys community.The property has undergone extensive interior and exterior renovations with quality craftsmanship and attention to detail throughout, including high-impact windows and doors, updated plumbing and electrical systems, 2023 Metal/Shingle Roofs, new A/C units, paver walkways, exterior lighting, fresh stucco and paint, tile flooring throughout, zebra shades, and fully furnished all inclusive residential units.Positioned along the highly trafficked Overseas Highway corridor, this landmark property in the south end of Key Largo offers stable cash flow, strong rental demand, and substantial annual revenue with market-rate leases already in place. Under the current Profit & Loss Statement, the property is producing approximately a 7% return based on the asking price. Seller financing available with up to $3,000,000 owner financing offered at 4% interest-only payments for up to 3 years.A rare turnkey commercial asset in one of the Florida Keys' most desirable and supply-constrained markets.

Amenities Amenities
  • Refrigerator
  • Dryer
  • Washer
  • Range

Interior Features Interior Features
  • Cool System: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Heat System: Central
  • Floors: Tile

Exterior Features Exterior Features
  • Parking: Common Parking, Off Street Parking, Assigned Parking
  • Roof: Metal Roof,Shingle Roof

Additional Features Additional Features
  • County: Monroe
  • Tax Number: 00555610-000000
  • Waterfront Features: No
  • Water/Sewer: FKAA, Municipal Sewer
  • Year Built: 1936