189 Casa Ct Dr Tavernier, FL 33070
This exceptional 2-unit apartment building, built 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 easy access to restaurants, schools, shopping, the airport, and Miami. 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 a patio and screened porch providing additional outdoor enjoyment. Residents also benefit from plentiful parking, including a carport, and a spacious side lawn suitable for RV or boat storage. The property is conveniently situated at mile marker 94 off US1 at Adobe Casa Ct, the last property on the left at the end of the street. Currently, each unit rents for $2900 per month, offering significant potential for increased rental income through further upgrades. Short-term rentals are permitted, with a minimum stay of 28 days. The large backyard presents an excellent opportunity to add a pool, further enhancing the property's appeal and rental value. This turnkey investment is priced at $1,300,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.