
91865 Overseas Hwy, FL 33070
Monroe County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Structure Type
Multi Family
Living Area
10,150 sq ft
Lot Size
0.49 acres
Lot Dimensions
143
Parking Spaces
30
Ownership
Corporation
Days on Market
1
MLS® Listing#
A12024229
Property Features
Flooring
Parking
Construction
Security
Financial Details
Annual Taxes
$55,119
Parcel Number
00555610-000000
Directions
See GPS
Affordability Calculator
$1,299,000
Estimated monthly payment
$34,569/mo
Principal $5,196,000 · Est. interest $7,248,882 over 30 yrs
Location
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Listing Courtesy: Cornell Commercial Real Estate - 3057310060
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