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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1936
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$5,950,000
-
Tax Amount
18000.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Monroe
Elementary School
Middle School
High School
Listing Courtesy of Shani Maimoni , Related ISG Realty, LLC.
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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