$2,300,000

91865 Overseas Highway

Key Largo FL, 33070

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.

Details

MLS#591361
Listing TypeFor Sale
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year1936
Days On Site154

Features

SQ Feet10,150
Story(s)2
Units11
ZoningSC - Sub Urban Commercial Distri

Market Activity 33070

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Area Information
StateFL
CountyMonroe
CityKey Largo
Zip Code33070
AreaKey Largo
Listing VS Median (in 33070)
Price:
$2,300,000
low | high
Med:
$549,500
100% of Average
SqFt:
10,150
low | high
Med:
0
100% of Average
$ / SqFt:
$227
low | high
Med:
$0
100% of Average
On Site:
154
low | high
Med:
277.5
55.495495495495% of Average
Listing Updated: November 23, 2020 8:09:51 PM PST
Curtis A Skomp, CCIM LogoMLS Number: 591361
Listing Provided By:
Curtis A Skomp, CCIM  of  RE MAX Keys Connection (KW)