91760 Overseas Hwy Key Largo, FL 33070
For Sale
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This exceptional commercial property, located at 91760 Overseas Highway in Tavernier, Florida, presents a unique investment opportunity. Situated in the heart of Tavernier's business district, this building offers unparalleled visibility and accessibility directly off US1. The concrete structure, originally a Red Cross shelter, benefits from a no-flood X zone designation and has undergone significant improvements. These include updated impact-resistant windows and doors, a durable metal roof, and substantial storage space around the second-floor roofline. The building features flexible office spaces on both floors, including several private offices, two kitchenettes, two bathrooms, and a shared conference room on the second floor. The property boasts convenient street-to-street access with parking available on both Tavernier Street and US1, including designated handicap parking. Existing month-to-month leases provide flexibility, and the building is equipped with electricity, Wi-Fi, security cameras, and 24-hour access. Many units are furnished with desks, chairs, and file cabinets. High-traffic location, highly visible highway signage, and excellent curb appeal with a convenient curb-cut entry make this an ideal location for businesses seeking a prominent presence in Tavernier's thriving commercial center. The asking price is $1,599,000.
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.