91865 Overseas Hwy, Tavernier, FL 33070
sale
$5,950,000
|
Mixed Use
Courtesy Of Related ISG Realty
Presenting an unparalleled new investment opportunity on the Overseas Highway at Mile Marker 98 in Tavernier FL Keys, featuring 143 feet of direct frontage and offering a truly turn-key cash flow property. This robust mixed-use portfolio includes five fully renovated commercial buildings and ten residential units secured by long-term leases, ensuring immediate revenue stability. The entire property has undergone a comprehensive, full gut-out rehabilitation, showcasing brand new 2024 metal roofs, impact windows and doors, new plumbing, electrical systems, stucco, paint, and high-end pavers, resulting in an unmatched, maintenance-light asset. With a Pro Forma NOI of $495,250, and the owner guaranteeing 100% occupancy at closing, this is a meticulously modernized income machine ready for immediate acquisition by the discerning investor.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Floor Covering: Tile
- 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
- MLSID: A11924601
- Roof Type: Metal
- Roof Type: Other
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