90311 Old Hwy

Investment Overview

Waterfront Trophy Investment Property & Marina located in the heart of Tavernier. Highly visible location with 250 ft. on Old Rd and Rt 1. Total of 4 parcels (Parcel ID #'s-00436050, 00436680, 00436090, 004366700) with ample parking. The Landmark Restaurant waterfront building is 9,600 sq. ft. Over 713 ft. of seawall/dockage, and has approx. 22 deep water slips with direct access to the ocean. Includes 1,114 sqft single family 2 story CBS waterfront home. (103 Harbor Dr.)

Investment Highlights

• Property Highlights:
• • Located in the heart of Tavernier at MM 90.92
• • First time offered Sale since 2013
• • 250 ft of frontage on Old Hwy and highly visible from US 1
• • Total of 4 Parcels, approx. 1.54 Ac. of Uplands
• • Existing 9,600 sf. Landmark Restaurant has below market value Lease 3+ years remaining
• • Waterfront 1,114 sf. Two story CBS Single Family Home included
• • Over 713 Ft. of Seawall/Dockage on Deep Water Canal
• • Marina has 22 Slips + or -
• • Baybottom lease not required due to man-made canal
• • Ample parking for customers & employees
• • Quick access to the Ocean or Bay
• • Current rents Below Market Value
• • Gross Rental Income currently $30,514/mos.
• Lots:
• 00436050- 27,500 SF– COM
• 00436680- 30,065 SF– RES
• 00436090- 5,000 SF - COM
• 00436670- 4,625 SF - COM
• Total 67,190 SF
• Building Size:
• 90311 Old Hwy- 00436050– 9,600 SF
• 103 Harbor Dr - 00436680– 1,114 SF
• Total 11,714 SF
• Flood Zone:
• AE
• Zoning:
• VC– Village Center
• R1- Single-Family Dwelling District
• Taxes:
• 103 Harbor Dr- $14,788.83
• 90311 Old Hwy- $26,324.57
• Total $41,113.40