Category: Mixed-Use
Price:$5,950,000
Location: FL
Year Built: 1936
Days on Market: 55
Description:
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.
Presenting an unparalleled new investment opportunity on the Overseas Highway at Mile Marker 98 in Tavernier FL NOI PRO FORMA $495,000 ASKING 6M
Listing Code: 1147398976