
550 Biltmore Way, PH2 A&B, Coral Gables, FL 33134
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305-988-069391865 Overseas HwyKey Largo, FL 33070ActiveVirtual TourSave
-1BD
0BA
10150SqFt
UPDATED
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,150 sqft
Price per Sqft $226
Lot Size 0.488 Acres
Year Built 1936
MLS Listing ID A10895588
Property Description
Prime Mixed Use Income Producing property in Tavernier. 5 Commercial spaces. In addition, there are 6 Affordable residential units with a total of 15 bedrooms and 10 baths! Great for rentals or employee housing. Total of 10,150 sf. in 5 buildings on nearly 1/2 acre lot. Most of the buildings were totally renovated in 2017 & 18. Ample customer parking in front, side and rear. Corner lot has good visibility and access on Overseas Hwy with Atlantic Circle Dr. on the side and Tavern Dr. in rear. Currently 2 of 5 Commercial units occupied and 6 Apartments are mostly vacant. Projected Potential Gross Income of $20,000 per mos or more. Formerly the property was the historic Tavernier Hotel and now a landmark property in Tavernier.
Location
State FL
County Monroe County
Area 98 Florida Keys
Exterior
Waterfront No
Others
Tax Amount $23,596
Tax ID 00555610-000000
Special Sale Real Estate Owned
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Listing provided by RE/MAX All Keys Real Estate
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