91865 Overseas Hwy Active

,,FL 33070

$ 6500000

- Bed

0 Bath

10169 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,169 sqft

Price per Sqft $639

MLS Listing ID A11733844

Year Built 1936

Annual Tax Amount $18,000

Lot Size 0.485 Acres

Property Sub-Type Multi Family

Property 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 $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.

Location

State FL

County Monroe

Area 98 Florida Keys

Interior

Cooling Wall/Window Unit(s)

Flooring Tile

Exterior

Roof Type Metal

Others

Acceptable Financing Cash,Conventional,Owner May Carry

Listing Terms Cash,Conventional,Owner May Carry

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