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Multi Family - for Sale

91865 OVERSEAS HWY, KEY LARGO, FL 33070

Asking Price$7,999,999

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  • Lot size 21140sqft
  • Taxes $15,248
  • Year Built 1936
  • Days on market:

    20 day(s)
  • Original Price:

    $7,999,999
  • Tax Legal Description:

    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 OR760
  • Property Type:

    Multi Family
  • Parking:

    Assigned
  • Inclusions:

    Building & Land,Fixtures,Furniture,Leases,License, Furniture/Fixtures,Inventory,Leases
  • Lease Term Remaining:

    1 To 3 Year Lease,Annual Lease
  • Construction Type:

    Stucco
  • Roof:

    Shingle
  • Cooling Description:

    Central Building A/CWall/Window Unit(s)
  • Special Listing Conditions:

    Sale

Description

$7,999,999

Turn key investor's dream! this incredible commercial mixed use property is offering top of the line quality materials, updates, attention to details and substantial revenue. the tavernier hotel has been re-done inside & out. the property features tile floors throughout, new zebra shades, high impact windows and doors, 2023 shingle roofs, new pavers, new exterior lights, new plumbing, new electrical panel, new stucco and paint throughout the entire property, updated furnished & equipped residential units, new a\c units and market rent leases bringing in over $500,000 a year!! 9 residential units leased at market value and 5 commercial units leased to long term tenants. seller financing 50%. don't look away from this unique opportunity to own an historical landmark property in tavernier.
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