91865 Overseas Highway, Key Largo, FL 33070

$5,999,000

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

Current Price: $5,999,000 List Date: 5/19/2026 Last Modified: 10/09/2026

Overview

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 sub ... (Read more)

Listing Details MLS# 619962

Location, Tax & Legal

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
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

Contract Information

Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 21140
Waterfront: No
Building SqFt: 9878
Living Apx SqFt: 10150
Year Built: 1936
Control Depth: 0
Total Units: 0

Association Info

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

Vehicle Storage

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

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

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

Type

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

Fee Includes

None: Yes

Dockage

None: Yes

Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Cooling

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

Heating

Central: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Tile: Yes

Construction

CBS: Yes

Land Size

1/4 - 1/2 Acre: Yes

Terms

Seller Finance Psble: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Miscellaneous

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

Roof

Metal Roof: Yes
Shingle Roof: Yes

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: October - 09 - 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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