91865 Overseas Highway, Key Largo, FL 33070 (MLS# 591361)2018-09-03T18:43:03-07:00

$2,300,000
91865 Overseas Highway
Key Largo, FL 33070
MLS# 591361
15 beds  |  10 baths  |  10150 sqft


91865 Overseas Highway, Key Largo, FL 33070
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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.

Details
Maps
Contract Information
Current Price: $2,300,000
Listing Date: 2020-06-16
Listing Board: Key West Association
List Price: $2,300,000
Limitd Reprsntation: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 91865
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
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
Off Street Parking: 12
# Stories: 2
Total # Buildings: 5
Building SqFt: 10150
SqFt Source: Seller
Living Apx SqFt: 10150
Total Units: 11
Year Built: 1936
Total Bedrooms: 15
Full Baths: 10
Total Baths: 10
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
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

Listing Office: RE/MAX Keys Connection (KW)

Listing Agent: Curtis Skomp, CCIM

Last Updated: January - 14 - 2021

91865 Overseas Highway, Key Largo, FL 33070 - MLS# 591361

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Thursday 25th of February 2021 04:22 AM