91831 Overseas Highway, Key Largo, FL 33037

$1,000,000

Property Type: Commercial Sale Square Footage: 5,740 Lot Size (sq. ft.): 23,750 Status: Closed

Current Price: $1,000,000 List Date: 6/01/2021 Last Modified: 9/10/2024

Description

Central Tavernier corner location, SC Zoing with Mixed Use land use, so lots of possibilities! 250 feet on the highway with side and front entrances. Current tenants are an end anchor National tenant ( lease extension terminates 3/2025) plus an additional well establised 5 tenants with short term leases or month to month. Current gross income is $88K +/- . Approximately 2500 sf upstairs is vacant and perfect for employee housing. Two combined pacels (23,750 square feet of land) can be separated in half. Solid CBS construction walls and precast concrete roof. Well suited for an owner user, investor or upside development opportunity. Property is located within the Tavernier Historic District. Do not walk in or disturb tenants.

More Information MLS# 596320

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $1,000,000 Listing Date: 2021-05-31 Sold Price: $1,000,000

Location, Tax & Legal

City: Tavernier Mile Marker: 91.8 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,AE Alternate Key #: 1682047 Add'l Parcel #1: 00555760-000000 Parcel #: 00555710-000000 Zoning: CG - General Commercial Legal: TAVERIER #2 PB2-8 KEY LARGO LOTS 16-20 BLK A & PT DISCLAIMED ALLEY RES NO 11-1968 OR89-446/47 OR405-1100 OR456-481 OR586 Taxes: 6395.65 Tax Year: 2020 Street #: 91831 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Tavernier No 2 (91.5) County: Monroe Area: 26 - Key Largo S of MM 96.9

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 250 X 95 Lot SqFt: 23750 Total Units: 0 # Stories: 2 SqFt Source: Property Data Card Building SqFt: 5920 Style: Commercial Living Apx SqFt: 5740 Year Built: 1983

Remarks & Misc

Remarks – Consumer: Central Tavernier corner location, SC Zoing with Mixed Use land use, so lots of possibilities! 250 feet on the highway with side and front entrances. Current tenants are an end anchor National tenant ( lease extension terminates 3/2025) plus an additional well establised 5 tenants with short term leases or month to month. Current gross income is $88K +/- . Approximately 2500 sf upstairs is vacant and perfect for employee housing. Two combined pacels (23,750 square feet of land) can be separated in half. Solid CBS construction walls and precast concrete roof. Well suited for an owner user, investor or upside development opportunity. Property is located within the Tavernier Historic District. Do not walk in or disturb tenants.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Office Buildings: 1

Fee Includes

None: 1

Dockage

None: 1

Cooling

Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Construction

CBS: 1 Concrete: 1

Land Size

1/2 - Less Than 1 AC: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Separate Meters: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Under Contract Date: 2021-09-15 Sold Date: 2021-12-02 Sold Price: $1,000,000 Status: Closed

Property Features

Type: Office Buildings Waterfront: None Waterview: No Waterview Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer; Separate Meters Construction: CBS; Concrete Land Size: 1/2 - Less Than 1 AC Fee Includes: None

Documents

Permitted Uses for SC Zoning ›

Max FAR build out (Intensities) ›

Listing Office: LoKation Real Estate - Pompano Beach

Last Updated: September - 10 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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