91865 Overseas Hwy Key Largo, FL $ 6,999,999
91865 Overseas Hwy
$ 6,999,999
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91865 Overseas Hwy

Key Largo, FL, 33070
$ 6,999,999
Baths0.0 Sq 9,533

Monthly Estimate*

$ 46,524

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Studio

Commercial Property for sale in Key Largo, FL

for $6,999,999. This 9,533 square foot building was built in 1936 on a lot size of 0.485308.

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 to long term tenants. Seller financing 50%. DON'T LOOK AWAY FROM THIS UNIQUE OPPORTUNITY TO OWN AN HISTORICAL LANDMARK PROPERTY IN TAVERNIER.

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Commercial Active

Price

$ 6,999,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,248

Style

MixedUse

Lot Size

0.485308

Year Built

1936

Town/City

Key Largo

County/Region

Monroe

MLS | Web ID

A11483979

Features
General
Cooling CentralAir WallWindowUnits
Possession ClosingFunding SubjectToTenantRights
Roof Metal
Exterior Features SecurityHighImpactDoors
Construction Materials Stucco
Year Built 1936
Tenant Pays CommonAreaMaintenance OtherTax
Property SubType MixedUse
County Monroe County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions CorporateListing
Status Active
City Key Largo
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 15
MLS Area 98 Florida Keys
Lot Size Units SquareFeet
Lot Size Square Feet 21140.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Overseas Hwy
Listing Terms Cash Conventional OwnerMayCarry
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 15248.0
Home Warranty Y/N N
Ok to Lease Item36Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11483979
Days on Market 200
Standard Status Active
Occupancy Type Tenant
Legal Description 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 OR456-15/16 OR679-208 OR760
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Exterior
Parking Features Assigned
Water Source Public
Total Parking 30.0
Lot Size Area 21140.0
Number of Buildings 5
Spa N
Building Area Total 9533.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Window Features ImpactGlass
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 91865
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* Excluded Features
List By
Black Swan Home Group Llc

Broker

shani371994@gmail.com

Email

Affordability Calculator

$47,795
Per Month
97%
3%
0%
Monthly Principal & Interest
$46,524
Monthly Property Taxes
$1,271
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2024$6,999,900 -6.67% Price Down
2/4/2024$7,500,000 -6.25% Price Down
11/10/2023$7,999,999 Listed Price

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91865 Overseas Hwy, Key Largo, FL, 33070 is a Commercial Property for sale at $6,999,999 with 9,533 sqft and a lot size of 0.485308. 91865 Overseas Hwy is a studio with 0.0 baths and was built in 1936. The property's zip code is 33070 which is in Key Largo, FL