$3,700,000
$4,300,000
14.0%For more information regarding the value of a property, please contact us for a free consultation.
99411 Overseas Hwy Key Largo, FL 33037
14,454 SqFt
Key Details
Sold Price $3,700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 14,454 sqft
Price per Sqft $255
MLS Listing ID A11094974
Sold Date 06/14/22
Construction Status New Construction
HOA Y/N No
Year Built 1968
Annual Tax Amount $14,834
Tax Year 2021
Contingent No Contingencies
Lot Size 0.899 Acres
Property Description
Key Largo investment opportunity.
This mixed-use income-producing property commercial property is located at mile marker 99.4 in the heart of Key Largo. With approximately 250’ of US 1 road frontage and just a few feet from the northbound traffic light, each business within the building gets valuable drive-by traffic exposure.
The fully leased property has seen minimal tenant turnover and no extended vacancies.? Since 1996 this property has maintained almost 100% occupancy.
The property has an excellent tenant mix, restaurant, financial services, retail, distillery and bar, and apartment rental.
The property consists of three parcels; the building parcel and two adjacent vacant lots provide convenience for parking.
Location
State FL
County Monroe County
Area 98 Florida Keys
Direction North bound side of US1 at mile marker 99.4. Corner of US1 & Ocean Bay Dr
Interior
Heating Central, Electric
Flooring Carpet, Other, Tile
Exterior
Waterfront No
Roof Type Composition,Concrete
Parking Type Common, Free Parking, Handicap
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status New Construction
Others
Tax ID 00505270-000000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Premier Realty Services Corp