131 Ellis Dr Tavernier, FL 33070-2723
Property profile & analytics
131 Ellis Dr, Tavernier, FL 33070-2723
- Industrial properties
- 2,666 SF
- 0.27 lot acres
Property ID
US18-4205197
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 131 Ellis Dr
- Year built
- 1957
- Lot size
- 0.27 lot acres
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 00490170-000000
- APU
- 490170000000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $780,000
- ML approach
- $810,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $615,000
- 6.5%
- $565,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $504,000
Market price range: $185k - $655k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,070,000 Current use
- OFFICE BUILDING
- $1,165,000 Change: +9% Conversion: Easy
- WAREHOUSE, STORAGE
- $915,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tavernier
- County
- Monroe
- State
- Florida
- Longitude
- -80.5125
- Latitude
- 25.0155
- CBSA code
- 28580
- CBSA name
- KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,505
$679,140
$298,112
$977,252
-
$679,140
$298,112
$977,252
