Commercial Sale · Mixed Use
90515 Old Hwy, Tavernier FL 33070, TAVERNIER, FL, 33070
Active38 days on marketListed Jul 6, 2026MLS #A12048635
About this property
The property at a glance
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.
1,584
Building sq ft
$1,105
Price / sq ft
7,920
Lot sq ft
2016
Year built
2
Buildings
Village Center VC
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
1.7%
Cap rate
$29,344
Net operating income
$97,539
Gross income (yr)
Estimated payment (illustrative)
Estimated payment
$9,044/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
4,945
Population
$66,425
Median income
54
Median age
2
Avg household
$857,007
Median home value
$1,289/mo
Median rent
367
Households w/ kids
Consumer profile
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Recent sales
What actually sold near 90515 Old Hwy
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$9,500
86490 Overseas Hwy, Islamorada FL 33036
Sold Mar 6, 2025
$975
91865 E Overseas Hwy, Tavernier FL 33070
Sold Jan 24, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 90515 Old Hwy — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 90515 Old Hwy.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of American Caribbean Real Estate · Carolyn Ambler. MLS #A12048635.
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 Miami Association of REALTORS®.
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