91865 Overseas Highway, Key Largo, FL 33070

New Listing

$6,495,000

Property Type: Commercial Sale Square Footage: 10,150 Lot Size (sq. ft.): 21,140 Status: Active

Current Price: $6,495,000 List Date: 5/19/2026 Last Modified: 5/19/2026

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.

More Information MLS# 619962

Contract Information

Listing Board: Florida Keys Limited Representation: No Potential Short Sale: No Bank Owned: No Species List: No Current Price: $6,495,000 Listing Date: 2026-05-19 List Price: $6,495,000

Location, Tax & Legal

City: Tavernier Mile Marker: 91.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 1681946 Parcel #: 00555610-000000 Zoning: SC - Sub Urban Commercial District Legal: 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 OR456-1 Taxes: 55119.17 Tax Year: 2025 Street #: 91865 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33070 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: 21140 Lot SqFt: 21140 Total Units: 0 Building SqFt: 9878 Style: Commercial Living Apx SqFt: 10150 Year Built: 1936

Remarks & Misc

Remarks – Consumer: 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. Directions: MM 91.8 Oceanside. See GPS

Association Info

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

Type

Apartment 3 or more: 1 Professional Service: 1 Restaurant: 1 Shop/Strip Center: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Wall/Window Unit(s): 1

Heating

Central: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Vehicle Storage

Car(s): 4+ Assigned Parking: 1 Common Parking: 1 Off Street Parking: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Terms

Seller Finance Psble: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1 Patio: 1 Security System: 1

Roof

Metal Roof: 1 Shingle Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Type: Apartment 3 or more; Professional Service; Restaurant; Shop/Strip Center Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Assigned Parking; Common Parking; Off Street Parking Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Heating: Central Utilities: FKAA; Municipal Sewer Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Patio; Security System Construction: CBS Floor: Tile Roof: Metal Roof; Shingle Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Seller Finance Psble

Listing Office: Cornell Commercial Real Estate, Inc.

Last Updated: May - 19 - 2026

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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