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    Apartment buildings

    189 Casa Ct Dr, Tavernier, FL 33070

    Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2-unit apartment building, constructed in 2006, presents a lucrative investment opportunity in the desirable Key Largo, Florida area. Located at 189 Casa Court Dr, Tavernier, FL 33070, this two-story property boasts a prime bayside location, offering residents stunning views and easy access to local amenities. Each unit features two bedrooms and one bathroom, recently upgraded with modern kitchens and bathrooms. The property includes ample living space, both indoors and out, with patios and screened porches providing additional outdoor enjoyment. Residents benefit from convenient access to restaurants, schools, shopping centers, and the airport, with Miami also within reach. The property also offers generous parking, including a carport, and a sizable side lawn suitable for RV or boat storage. Currently, each unit rents for $2900 per month, leaving room for potential rent increases with further upgrades. The large backyard presents the possibility of adding a pool, further enhancing the property's appeal. Short-term rentals are permitted, with a minimum stay of 28 days. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a highly sought-after location. Mile marker 94 off US1 at Adobe Casa Ct. Last property on the left at the end of the street. Asking price: $1,300,000.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 2006
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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