Overview

  • 10150
  • sqft
  • 1936
  • Year Built

Description

Prime Mixed Use Income Producing property in Tavernier. 5 Commercial spaces. In addition, there are 6 Affordable residential units with a total of 15 bedrooms and 10 baths! Great for rentals or employee housing. Total of 10,150 sf. in 5 buildings on nearly 1/2 acre lot. Most of the buildings were totally renovated in 2017 & 18. Ample customer parking in front, side and rear. Corner lot has good visibility and access on Overseas Hwy with Atlantic Circle Dr. on the side and Tavern Dr. in rear. Currently 2 of 5 Commercial units occupied and 6 Apartments are mostly vacant. Projected Potential Gross Income of $20,000 per mos or more. Formerly the property was the historic Tavernier Hotel and now a landmark property in Tavernier.

  • Address Overseas Hwy
  • City Key Largo
  • State/county Monroe County
  • Zip/Postal Code 33070

Details

Updated on May 5, 2022 at 7:25 pm
  • Price: $1,950,000
  • Property Size: 10150 sqft
  • Year Built: 1936
  • Property Status: Commercial Sale

Additional details

  • ListAgentKey: 603b050c281141c85df82a170c366667
  • TaxLegalDescription: 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 OR76
  • OnMarketDate: 2020-06-16
  • ListAgentEmail: curtisskomp@gmail.com
  • ContractStatusChangeDate: 2020-06-16
  • MajorChangeTimestamp: 2021-06-07T16:33:24.473Z
  • PhotosCount: 31
  • SubAgencyCompensation: 3%
  • StatusChangeTimestamp: 2020-07-20T16:35:26.403Z
  • PriceChangeTimestamp: 2021-06-07T16:33:24.473Z
  • ListingKeyNumeric: 348437221
  • MajorChangeType: Price Decrease
  • ListingContractDate: 2020-06-16
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 23596
  • ListOfficeName: RE/MAX All Keys Real Estate
  • MIAMIRE_RATIO_CurrentPrice_By_SQFT: 192.12
  • OriginatingSystemKey: miamire
  • BusinessType: Apartments, Commercial/Residential Income
  • DualVariableCompensationYN: no
  • PhotosChangeTimestamp: 2020-07-20T19:12:46.960Z
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 305-451-0060
  • MlsStatus: Active
  • StreetNumber: 91865
  • ListingKey: 4422e3e8b15d6a671dd009c725028602
  • StateOrProvince: FL
  • ListOfficeKey: 07ba9326b6e27c4438e64d003fe484ad
  • BridgeModificationTimestamp: 2021-09-14T19:01:15.982Z
  • ListAgentFullName: Curtis Skomp, CCIM
  • ListAgentOfficePhone: 305-451-0060
  • ParcelNumber: 00555610-000000
  • IDXParticipationYN: yes
  • InternetAddressDisplayYN: yes
  • ListAgentMlsId: 3350136
  • ModificationTimestamp: 2021-06-07T16:33:46.230Z
  • OriginatingSystemID: miamire
  • PreviousListPrice: 2300000
  • DaysOnMarket: 505
  • TransactionBrokerCompensation: 3%
  • BuyerAgencyCompensationType: %
  • ListOfficeMlsId: RAKR01
  • ListAgentDirectPhone: 305-292-4045
  • StreetNumberNumeric: 91865
  • PostalCodePlus4: 2652
  • ExpirationDate: 2022-06-16
  • SyndicationRemarks: Prime Mixed Use Income Producing property in Tavernier. 5 Commercial spaces. In addition, there are 6 Affordable residential units with a total of 15 bedrooms and 10 baths! Great for rentals or employee housing. Total of 10, 150 sf. in 5 buildings on nearly 1/2 acre lot. Most of the buildings were totally renovated in 2017 & 18. Ample customer parking in front, side and rear. Corner lot has good visibility and access on Overseas Hwy with Atlantic Circle Dr. on the side and Tavern Dr. in rear. Currently 2 of 5 Commercial units occupied and 6 Apartments are mostly vacant. Projected Potential Gross Income of $20, 000 per mos or more. Formerly the property was the historic Tavernier Hotel and now a landmark property in Tavernier.
  • ListAgentStateLicense: 3350136
  • ListOfficeFax: 305-451-1157
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 34
  • ListingId: A10895588
  • SpecialListingConditions: Real Estate Owned, Sale
  • OriginalListPrice: 3100000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: yes
  • BuyerAgencyCompensation: 3%
  • InternetAutomatedValuationDisplayYN: no
  • OriginalEntryTimestamp: 2020-07-20T16:35:26.403Z
  • SourceSystemKey: 348437221
  • LotSizeSquareFeet: 21252
  • InternetConsumerCommentYN: no
  • BuildingAreaTotal: 10150
  • TransactionBrokerCompensationType: %
  • HabitableResidenceYN: no

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