131-135 Ellis Dr
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131-135 Ellis Dr
2,666 SF 79% Leased Retail Building Tavernier, FL 33070 $1,490,000 ($558.89/SF) 6.78% Cap Rate
EXECUTIVE SUMMARY
Don't miss this rare opportunity to own a prime mixed-use commercial property in the fabulous Florida Keys! This income-producing gem features three residential apartments, a commercial office space with high visibility on Overseas Highway, and a rented storage garage providing an additional revenue stream. With its unbeatable location and multiple income sources, this property is a must-see for serious investors. Bring your checkbook and explore the potential today! For more information or to schedule a viewing, contact us now!
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,666 SF
Year Built
1957
Price
$1,490,000
Price Per SF
$558.89
Cap Rate
6.78%
NOI
$101,022
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.27 AC
Zoning
SC - Commercial-residential mix-use
Parking
3 Spaces
Frontage
73’ on Overseas Hwy
AMENITIES
- Corner Lot
- Fenced Lot
- Signage
- Storage Space
- Air Conditioning
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00490170-000000 | Total Assessment | $1,193,174 (2024) |
| Land Assessment | $889,056 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $304,118 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
00490170-000000
Land Assessment
$889,056 (2024)
Improvements Assessment
$304,118 (2024)
Total Assessment
$1,193,174 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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131-135 Ellis Dr
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