Active

91865 Overseas Highway

Key Largo FL, 33070

$6,500,000


$640.39 per sqft

Active

10,150 sqft

Commercial

Built in 1936

TURN KEY INVESTOR'S DREAM! This incredible commercial mixed use property is offering top of the line quality materials, updates, attention to details and substantial revenue. The Tavernier hotel has been re-done inside & out. The property features tile floors throughout, new zebra shades, high impact windows and doors, 2023 shingle roofs, new pavers, new exterior lights, new plumbing, new electrical panel, new stucco and paint throughout the entire property, updated furnished & equipped residential units, new A\C units and market rent leases bringing in over $500,000 a year! 9 residential units leased at market value and 5 commercial units leased with long term tenants. Owner financing available at 7% with 50% down. DON'T LOOK AWAY FROM THIS UNIQUE OPPORTUNITY TO OWN AN HISTORICAL LANDMARK IN TAVERNIER.

607387

MLS ID

November 10, 2023

Listed

August 23, 2024

Updated

Map

91865 Overseas Highway
Key Largo FL, 33070

Interior Features

Interior Features

Laundry Room, Smoke Alarms, Impact Rstnce Doors, Impact Rstnce Window


Appliances

Dryer, Washer


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.49 Acres


Lot Features

1/4 - 1/2 Acre


Roof

Shingle Roof

Other Property Details

Area Name

26 - Key Largo S of MM 96.9


Taxes

$15,248


Tax Frequency

Annually


Days on Market

272


Association Amenities

None


Garage

No


Parking

Guest Parking, Off Street Parking


View

Yes


View Description

No Waterview


County

Monroe


Pool

No


Zoning

SC - Sub Urban Commercial District

Listing History

Date

Event

Price

7/16/2024

Price change

$6,500,000

-8%

5/21/2024

Price change

$6,999,999

-7%

2/7/2024

Price change

$7,500,000

-7%

2/5/2024

Price change

$7,500,000

-7%

Listed by Theodosia Theodosiou with Compass FLORIDA
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 8/23/2024 at 2:43 PM UTC

 

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