Price Reduced 15.38%

$5,500,000

Est. Mortgage $27,811/mo *

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Price History

$6,500,000
1/28/2025

$5,500,000
4/28/2025

91865 Overseas Hwy, Out of Area, FL, 33070

91865 Overseas Hwy, Out of Area, FL, 33070
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1936

TURN KEY INVESTMENT! This property is situated in a prime location on the Overseas Hwy between Plantation Key and Key Largo. 10 Residential units are fully occupied and fully equipped, featuring new A/C units, interior updates, and fully furnished. These residential units are fully leased at market rate. In addition, the property offers 5 commercial buildings fully leased to long-term tenants with $500k gross income with the potential to raise rents to $550k once leases expire! 100% OCCUPANCY! Property has undergone comprehensive renovations, and full gut-out rehab, resulting in an unmatched living, working, and retail experience. The property showcases brand new 2024 metal roofs, impact windows and doors, brand new pavers, brand new plumbing and electrical, new stucco and paint.

Status:

Active

Type:

Commercial

Garage:

Free Parking

Cooling:

Wall/Window Unit(s)

Est. Taxes:

$18,000

Days on Market:

31

Lease Term Type:

Long Term

MLS #:

A11733844

Community Info

School Info

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Listing courtesy of Related ISG Realty, LLC. Phone: 305-932-6365