91865 Overseas Highway, Key Largo, FL 33070

$6,495,000
Property Type: Commercial Sale Square Footage: 10,150 Lot Size (sq. ft.): 21,140 Status: Active
Current Price: $6,495,000 List Date: 5/19/2026 Last Modified: 5/19/2026

Description

Exceptional mixed-use investment opportunity in the heart of Tavernier at 91865 Overseas Highway. This fully renovated income-producing property features a strong tenant mix consisting of 10 residential apartments and 5 established commercial tenants, including a popular pizzeria, boutique doctor's office, hair and nail salon, coffee shop, and additional long-term businesses serving the Upper Keys community. The property has undergone extensive interior and exterior renovations with quality craftsmanship and attention to detail throughout, including high-impact windows and doors, updated plumbing and electrical systems, 2023 Metal/Shingle Roofs, new A/C units, paver walkways, exterior lighting, fresh stucco and paint, tile flooring throughout, zebra shades, and fully furnished all inclusive residential units. Positioned along the highly trafficked Overseas Highway corridor, this landmark property in the south end of Key Largo offers stable cash flow, strong rental demand, and substantial annual revenue with market-rate leases already in place. Under the current Profit & Loss Statement, the property is producing approximately a 7% return based on the asking price. Seller financing available with up to $3,000,000 owner financing offered at 4% interest-only payments for up to 3 years. A rare turnkey commercial asset in one of the Florida Keys' most desirable and supply-constrained markets.

More Information MLS# 619962

Contract Information

Current Price: $6,495,000 Listing Date: 2026-05-19 Listing Board: Florida Keys List Price: $6,495,000 Limited Representation: No Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 91865 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33070 Subdivision: Tavernier No 2 (91.5) County: Monroe Area: 26 - Key Largo S of MM 96.9

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 21140 Lot SqFt: 21140 Waterfront: No Building SqFt: 9878 Living Apx SqFt: 10150 Year Built: 1936

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Vehicle Storage

Car(s): 4+

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Type: Apartment 3 or more; Professional Service; Restaurant; Shop/Strip Center Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Assigned Parking; Common Parking; Off Street Parking Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Heating: Central Utilities: FKAA; Municipal Sewer Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Patio; Security System Construction: CBS Floor: Tile Roof: Metal Roof; Shingle Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Seller Finance Psble
Listing Office: Cornell Commercial Real Estate, Inc.
Last Updated: May - 19 - 2026
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