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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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91865 Overseas Hwy , ,, FL 33070
$6,495,000
Est. Payment: $14,433.33/mo
0 Bed
0 Bath
10150 Sqft
Status: Active | Days on site: 1
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CCOM01 - 0377114
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House Description

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.

Highlights

Listed by Clifford Cornell , 305-731-0060 Cornell Commercial Real Estate , 305-731-0060.

Property Type

Commercial Sale

Lot/Acreage
0.49

County

Monroe

Area

98 Florida Keys

Listing ID

A12024229

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Tile

Exterior Features

Lot Dimensions:143
Garage Capacity:30
Zoning:SC - MULTI-USE
Parking Features:Assigned,Free Parking,Guest
Principal Interest
$14,433
Taxes
$4,593

Home Price

$6,495,000

Loan Details

30 yrs
%

Down Payment

20%
$1,299,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,433.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,433.33 $4,593.25 $0.00 $19,026.58
Yearly $173,200.00 $55,119.00 $0.00 $228,319.00
Total $5,196,000.00 $1,653,570.00 $0.00 $6,849,570.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (,, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.