91865 Overseas Highway, FL

$6,495,000

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0.49

Acres

About 91865 Overseas Highway

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.

Features of 91865 Overseas Highway

MLS® # A12024229
Price $6,495,000
Acres 0.49
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 91865 Overseas Highway
Area 5940 - Other Florida County
County Monroe
State FL
Zip Code 33070
HOPA No Hopa

Amenities

Parking Assigned, Guest, Free

Interior

# of Stories 2

Exterior

Construction Block, CBS

Additional Information

Zoning SC - MULTI-USE
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCornell Commercial Real Estate

Listing Map

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