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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

Overview

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 sub ...

Listing Details MLS# 619962

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
City
Tavernier
Mile Marker
91.5
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE
Alternate Key #
1681946
Parcel #
00555610-000000
Zoning
SC - Sub Urban Commercial District
Legal
BK A LTS 1-5 AND 36-37 TAVERNIER NO 2 PB2-8 KEY LARGO AND PT DISCLAIMED ALLEY (RES NO 11-1968) E6-162 OR405-1100 OR456-1
Taxes
55119.17
Tax Year
2025

Contract Information

Listing Board
Florida Keys
Limited Representation
No
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
21140
Waterfront
No
Building SqFt
9878
Living Apx SqFt
10150
Year Built
1936
Control Depth
0
Total Units
0

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Vehicle Storage

Car(s)
4+
Assigned Parking
Yes
Common Parking
Yes
Off Street Parking
Yes

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
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.
Directions
MM 91.8 Oceanside. See GPS

Type

Apartment 3 or more
Yes
Professional Service
Yes
Restaurant
Yes
Shop/Strip Center
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes
Wall/Window Unit(s)
Yes

Heating

Central
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Tile
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Terms

Seller Finance Psble
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Miscellaneous

High Traffc Location
Yes
High Visibility
Yes
Highway Frontage
Yes
Patio
Yes
Security System
Yes

Roof

Metal Roof
Yes
Shingle Roof
Yes

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
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.