91865 Overseas Highway

Key Largo, FL 33070 / Tavernier No 2 (91.5)

MLS ID# 591361 Closed
Commercial

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Closed $1,400,000

0.49 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

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. 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 ... show more

Location, Tax & Legal

• Street # 91865
• Street Name Overseas
• Street Suffix Highway
• Key/Island Key Largo
• City Tavernier
• State/Province FL
• Zip Code 33070
• Off Shore Island No
• Subdivision Tavernier No 2 (91.5)
• Mile Marker 91.5
• County Monroe
• Area 26 - Key Largo S of MM 96.9
• Marathon Neighborhood N/A
• Side N/A
• Flood Zone AE
• Alternate Key # 1681946
• Parcel # 00555610-000000
• Zoning SC - Sub Urban Commercial District
• Legal BK A LTS 1-5 AND 36-37 TAVERNIER NO 2 PB2-8 KEY LARGO AND PT DISCLAIMED ALLEY (RES NO 11-1968) E6-162 OR405-1100 OR456-1
• Taxes 23595.78
• Tax Year 2019

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size .49 acres
• Lot SqFt 21252
• Waterfront No
• Control Depth 0
• Off Street Parking 12
• # Stories 2
• Total # Buildings 5
• Building SqFt 10150
• SqFt Source Seller
• Net Leasable Area 10150
• Total Units 11
• Year Built 1936
• Total Bedrooms 15
• Full Baths 10
• Half Baths 0
• Total Baths 10

Details

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal

• Type

  Office Buildings, Professional Service

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Utilities

  FKAA, Municipal Sewer

• Appliances

  No Appliances

• Construction

  CBS

• Land Size

  1/4 - 1/2 Acre

• Fee Includes

  None

• Show

  Call List Agent

• Financial Status

  No Bank Owned, No Potential Short Sale