90515 Old Highway, Tavernier, FL 33070
$1,750,000 · $1,105 per sq ft · Office for sale
- Property type: Office
- Asking price: $1,750,000
- Price per sq ft: $1,105
- Building size: 1,584 sq ft
- Lot size: 7,841 sq ft
- Zoning: Village Center VC
- Year built: 2016
- Stories: 1
- Net operating income: $29,344/yr
- Cap rate: 1.7%
- Buildings: 2
- Parking spaces: 7
- Parcel ID: 00437700000000
- MLS#: A12048635
About this property
Commercial building with boat slips access to Atlantic Ocean in Tavernier - MM 90. Located near Tavernier Creek on the ocean side, this newer CBS building was constructed in 2016 and offers 1,584 square feet of commercial space on a 7,920 square foot lot with approximately 72 feet of waterfront. Zoned Village Center (VC). The building is divided into four commercial units and includes four separate electric meters and four mini-split A/C units. Two tenants are currently in place with leases. One tenant occupies Units 1-3, representing approximately 75% of the building, along with one restroom and one boat slip. The second tenant occupies three boat slips, the outdoor tiki area, and one parking space. Unit #4, representing approximately 25% of the building, and one boat slip are currently vacant, offering the opportunity for increased income. Excellent Tavernier location with direct ocean access without bridges, off-street parking for 7+ vehicles, and high visibility. Real estate only; businesses do not convey. Showings by appointment only. Please do not disturb tenants.
Building Features and Utilities
- Block
- CBS
Operating Statement
| Gross scheduled income | $119,000/yr |
|---|---|
| Gross income | $97,539/yr |
| Property taxes | $12,180/yr |
| Insurance | $15,751/yr |
| Net operating income | $29,344/yr |
| Cap rate at asking price | 1.7% |
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 90515 Old Highway
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
American Caribbean Real Estate · sales@americancaribbean.com · Listing agent: Carolyn Cotter Ambler
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 90515 Old Highway or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 90515 Old Highway
- How much is 90515 Old Highway?
- 90515 Old Highway is listed at $1,750,000, about $1,105 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is the cap rate on 90515 Old Highway?
- The listing reports net operating income of $29,344 a year, a cap rate of about 1.7% at the $1,750,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
- What is 90515 Old Highway zoned?
- The listing reports zoning of Village Center VC. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 90515 Old Highway?
- The listing reports 1,584 square feet of building.
- When was 90515 Old Highway built?
- 90515 Old Highway was built in 2016. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 90515 Old Highway?
- The listing reports annual property taxes of $12,180. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 90515 Old Highway?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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