Remarks

TURN KEY INVESTMENT! This property is situated in a prime location on the Overseas Hwy between Plantation Key and Key Largo. 10 Residential units are fully occupied and fully equipped, featuring new A/C units, interior updates, and fully furnished. These residential units are fully leased at market rate. In addition, the property offers 5 commercial buildings fully leased to long-term tenants with $520k gross income with the potential to raise rents to $550k once leases expire! 10% cap
100% OCCUPANCY
Property has undergone comprehensive renovations, and full gut-out rehab, resulting in an unmatched living, working, and retail experience.
The property showcases brand new 2024 metal roofs, impact windows and doors, brand new pavers, brand new plumbing and electrical, new stucco and paint.

Details

MLS#: A11733844
Price: $6,000,000

Style: Multi Family
Year Built: 1936

County: Monroe
Tax Fee: 18000