Basic Information

  • MLS # A11733844
  • Type Multi Family
  • Status Active
  • Year Built 1936
  • Total Size 21,140 Sq.Ft / 0.49 Acre
  • Date Listed 01/28/2025
  • Days on Market 131
Description

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 $520k gross income with the potential to raise rents to $550k once leases expire! 10% cap 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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description Free Parking
  • Roof Description Metal
  • Style Multi Family

Interior Features

  • Adjusted Sqft 0.49 AcreSq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Tile
  • Sqft 0.49 Acre Sq.Ft

Property Features

  • Address 91865 Overseas Hwy
  • Aprox. Lot Size 21,140
  • City ,
  • County Monroe
  • Furnished Info no
  • Listing Terms Cash, Conventional, Owner May Carry
  • Occupant Type Call Agent
  • Parking Features Free Parking
  • Possession Closing And Funding
  • Roof Metal
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $18,000
  • Tax Legal desc B K A L T S1-5 A N D36-37 T A V E R N I E R N O2 P B2-8 K E Y L A R G O A N D P T D I S C L A I M E D A L L E Y( R E S N O11-1968) E6-162 O R405-1100 O R456-15/16 O R679-208 O R760
  • Tax Year 0
  • Terms Considered Cash, Conventional, Owner May Carry
  • Type of Property Multi Family
  • Window Features Impact Glass

91865 Overseas Hwy

,, FL 33070

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Related ISG Realty, LLC.. tel: 305-932-6365

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