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91865 Overseas Highway

Key Largo, FL 33070
  • $1,400,000
  • STATUS: Closed
  • ON SITE: 531 Days
  • MLS #: 591361
Sold - 12/01/2021
$1,400,000
SOLD - 12/01/2021
  • 15
    BEDS
  • 0.49
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 10,150
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1936
County:

School Ratings & Info

Description

Prime Mixed Use Income Producing property in Tavernier. 5 Commercial spaces. In addition, there are 6 Affordable residential units with a total of 15 bedrooms and 10 baths! Great for rentals or employee housing. Total of 10,150 sf. in 5 buildings on nearly 1/2 acre lot. Most of the buildings were totally renovated in 2017 & 18. Ample customer parking in front, side and rear. Corner lot has good visibility and access on Overseas Hwy with Atlantic Circle Dr. on the side and Tavern Dr. in rear. Currently 2 of 5 Commercial units occupied and 6 Apartments are mostly vacant. Projected Potential Gross Income of $20,000 per mos or more. Formerly the property was the historic Tavernier Hotel and now a landmark property in Tavernier.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Island Team | Vacasa Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.sellingislandlife.com/homes/107127260
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91865 Overseas Highway Key Largo, FL 33070

  • Price: $1,950,000
  • Status: Closed
  • On Site: 531 Days
  • MLS #: 591361
15
Beds
10
Baths
0
½ Baths
0.49
Acres
10,150
SQFT
$138
$/SQFT
1936
Built
Neighborhood:
Tavernier No 2 (91.5)
County:
Monroe
Area:
26 - Key Largo S Of Mm 96.9
Property Description
Prime Mixed Use Income Producing property in Tavernier. 5 Commercial spaces. In addition, there are 6 Affordable residential units with a total of 15 bedrooms and 10 baths! Great for rentals or employee housing. Total of 10,150 sf. in 5 buildings on nearly 1/2 acre lot. Most of the buildings were totally renovated in 2017 & 18. Ample customer parking in front, side and rear. Corner lot has good visibility and access on Overseas Hwy with Atlantic Circle Dr. on the side and Tavern Dr. in rear. Currently 2 of 5 Commercial units occupied and 6 Apartments are mostly vacant. Projected Potential Gross Income of $20,000 per mos or more. Formerly the property was the historic Tavernier Hotel and now a landmark property in Tavernier.
Exterior Features

Construction Cbs Dockage None Land Size 1/4 - 1/2 Acre Lot Size .49 Acres Off Street Parking 12 Side N/A Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances No Appliances Net Leasable Area 10150.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Tavernier Commercial Type Office BuildingsProfessional Service Control Depth 0 Fee Includes None Flood Zone Ae Listing Board Key West Association Mile Marker 91.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Sq Ft Source Seller Tax Year 2019 Taxes 23595.78 Total Units 11.00 Utilities FkaaMunicipal Sewer Zoning Sc - Sub Urban Commercial District

Listing courtesy of Curtis A Skomp, Ccim of Re/Max Keys Connection (Kw).


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Island Team | Vacasa Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Keys Island Team | Vacasa Real Estate
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