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Property profile & analytics
OFF-MARKET
Industrial properties
88901 Old Hwy Tavernier, FL 33070-4010
Individually Owned
Absentee Owner
Free & Clear
Property ID
US18-3669295
Property summary
AI-generated overview
This exceptional multi-family investment property in Tavernier, Florida, presents a unique opportunity. Located at 88901 Old Hwy, 33070, this property boasts a prime location with convenient access to both US 1 and Old Road. The three-story building offers a substantial 2,580 square feet of net rentable space, situated on a combined total of three lots encompassing 16,800 square feet. Constructed in 1983, the property benefits from a 140-foot frontage on both US 1 and Old Road, maximizing visibility and accessibility. The property is zoned NR - Native Residential, offering flexibility for various uses. The asking price is $1,800,000. Serious inquiries only
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1983
Total area
2,580 SF
Lot
0.14 ac (6,000 SF)
APN
00419295-000600
UPID
US18-3669295
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Keith Steve Howard
Keith Steve Howard
since 2025
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tavernier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tavernier submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,089
Tax year 2023
Assessed value
$600,812
Assessed 2023
Previous assessed
$600,812
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$360,525
Assessed improvement
$240,287
Land market value
$360,525
Improvement market value
$240,287
Total market value
$600,812
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1983
Heating
NONE
Stories
3
Units
3
Total area
2,580 SF
Lot
0.14 ac (6,000 SF)
APN
00419295-000600
UPID
US18-3669295
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
3
Units
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Keith Steve Howard
Individual
Free & Clear · 0 yrs held
Mailing address
26 S BLACKWATER LN, KEY LARGO, FL 33037-2907
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2025
—
Keith Steve Howard
The Keys Marine Trust
Deed
related
—
Sep 12, 2024
—
Keith Steive Howard
Kieth Steve Howard
Intrafamily Transfer
related
—
Dec 5, 2018
$100
Keith Steve
Ellis John P SR
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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