Investment Overview
Prime waterfront location at 92157 Overseas Highway in Tavernier, Florida, situated on the oceanside near Mile Marker 92 in the Upper Florida Keys. The property is centrally positioned between Key Largo and Islamorada, with direct access from Overseas Highway (US-1), the primary transportation and commercial corridor serving the Florida Keys. The site extends from the Overseas Highway corridor toward the waterfront, offering a desirable combination of highway accessibility and ocean access. The surrounding Tavernier area provides convenient access to restaurants, shopping, marinas, medical services, schools, and other commercial amenities serving residents and visitors throughout the Upper Keys.
Investment Highlights
- $12,600,000 Asking Price
- 2.28± Acres / 99,317 SF
- Waterfront Tavernier location
- 33 lawfully established residential dwelling units
- 16 transient residential/RV units
- 17 permanent residential units
- 16 mobile-home units + 1 single-family residence under the 2015 determination
- Approximately 313 LF of shoreline per submerged-land survey
- Existing dockage
- Sovereign submerged-land lease area
- Five slips depicted on submerged-land survey
- Long-established Florida Keys mobile-home/RV community
- Approximately $242,000 of planned $482,000 improvement program completed
- 2023 Phase I ESA reported no RECs/HRECs/CRECs
- Direct access from the Overseas Highway corridor
- MM 92 Tavernier / Upper Keys
- Significant residential replacement-right component