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The New Tavernier 91865 Overseas Hwy
10,150 SF 87% Leased Retail Building Tavernier, FL 33070 $6,500,000 ($640/SF) 7.38% Cap Rate
Investment Highlights
- Multimillion dollar renovations to the entire property including new pavers, new updated exterior, high-impact windows and doors
- Long-term tenants fully leased at market rent
- perfect opportunity for 1031 exchange!
- Turnkey investment opportunity providing a yield of high return!
- Primarily located on the Overseas Highway
Executive Summary
100% OCCUPANCY!
Property has undergone comprehensive renovations, and full gut-out rehab, resulting in an unmatched living, working, and retail experience. This mixed-use commercial property features premium-quality materials, upgrades, meticulous attention to detail, and substantial revenue opportunities.
The property showcases brand new 2024 metal roofs, impact windows and doors, brand new pavers, brand new plumbing and electrical, new stucco and paint - COMPLETLEY REDONE FROM A-Z!! Seller financing negotiable terms . Please inquire.
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
|
| Net Operating Income |
-
|
-
|
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 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- 24 Hour Access
- Corner Lot
- Courtyard
- Freeway Visibility
- Restaurant
- Security System
- Wheelchair Accessible
- Recessed Lighting
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This brand-new commercial space boasts 1300 square feet of versatile interior space that was recently remodeled and a sprawling 1,200sqft outdoor deck, primed to welcome your dream business. Whether you're looking for a vibrant atmosphere for your coffee shop, a modern office space or an indoor restaurant with an open-air patio look no further! Situated on a bustling Overseas Highway, your business gains maximum exposure to constant foot traffic and car rides. The asking rent is $4,000 per month plus expenses. Don't miss this golden opportunity to be the first to occupy this prime location and launch your vision in paradise.
| Space | Size | Space Use | Position | Available |
| 202 | 1,300 SF | Retail | - | Now |
202
| Size |
| 1,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
202
| Size | 1,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This brand-new commercial space boasts 1300 square feet of versatile interior space that was recently remodeled and a sprawling 1,200sqft outdoor deck, primed to welcome your dream business. Whether you're looking for a vibrant atmosphere for your coffee shop, a modern office space or an indoor restaurant with an open-air patio look no further! Situated on a bustling Overseas Highway, your business gains maximum exposure to constant foot traffic and car rides. The asking rent is $4,000 per month plus expenses. Don't miss this golden opportunity to be the first to occupy this prime location and launch your vision in paradise.
PROPERTY TAXES
| Parcel Number | 00555610-000000 | Improvements Assessment | $551,764 |
| Land Assessment | $857,026 | Total Assessment | $1,408,790 |
PROPERTY TAXES
-
Shani Maimoni -
Black Swan Home Group LLC
Presented by
The New Tavernier | 91865 Overseas Hwy
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