131 Ellis Dr Tavernier, FL 33070-2723
This exceptional mixed-use commercial property presents a rare investment opportunity in the desirable Tavernier, Florida Keys location. Situated on 131 Ellis Drive, this income-generating asset boasts a diverse portfolio of revenue streams. The property includes three residential apartments, providing consistent rental income. A highly visible commercial office space, strategically positioned on the Overseas Highway, offers significant potential for growth and profitability. Adding to the property's financial strength is a rented storage garage, generating an additional stream of passive income. This turnkey investment is ideal for savvy investors seeking a diversified portfolio with immediate cash flow. The property's prime location in the Florida Keys ensures high demand for both residential and commercial spaces, promising strong returns on investment. The combination of residential units, commercial office space, and storage facilities creates a resilient and lucrative investment opportunity. This property is ready for immediate occupancy and income generation. Serious inquiries only. Financial details are available upon request. Don't miss this chance to own a piece of the Florida Keys' thriving commercial market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.