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237 Atlantic Boulevard

Key Largo, FL 33037
  • $2,699,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 609804
UPDATED: 113 min ago
$2,699,000
  • 7
    BEDS
  • 0.22
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,164
    SQFT
  • $853
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Description

This waterfront multi-family tri-plex is located in the coveted boating enclave of Port Largo. This property presents a prime opportunity for astute investors seeking to capitalize on its versatile building rights or to leverage its existing rental income potential with long-term tenants. The allure of this investment lies in its potential for future rental income optimization. With two, two-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, there exists ample room for income diversification. Each unit features an inviting open floor plan, complemented by screened-in porches that afford picturesque vistas of the water.75 feet of deep-water concrete dockage further enhances its appeal to both investors and tenants alike. Whether one chooses to reside in one unit while leasing out the others or to capitalize on the rental market, the possibilities for maximizing returns are truly limitless in this prime investment offering. An exceptional investment opportunity awaits discerning investors.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jimmy Lane Home Team | Century 21Circle are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.jimmylane.com/homes/150067267
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237 Atlantic Boulevard Key Largo, FL 33037

  • Price: $2,699,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 113 min ago
  • MLS #: 609804
7
Beds
4
Baths
0
½ Baths
0.22
Acres
3,164
SQFT
$853
$/SQFT
1980
Built
Neighborhood:
Port Largo (100.0)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
This waterfront multi-family tri-plex is located in the coveted boating enclave of Port Largo. This property presents a prime opportunity for astute investors seeking to capitalize on its versatile building rights or to leverage its existing rental income potential with long-term tenants. The allure of this investment lies in its potential for future rental income optimization. With two, two-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, there exists ample room for income diversification. Each unit features an inviting open floor plan, complemented by screened-in porches that afford picturesque vistas of the water.75 feet of deep-water concrete dockage further enhances its appeal to both investors and tenants alike. Whether one chooses to reside in one unit while leasing out the others or to capitalize on the rental market, the possibilities for maximizing returns are truly limitless in this prime investment offering. An exceptional investment opportunity awaits discerning investors.
Exterior Features

Above Flood Unknown Construction CBSConcrete Dock Length 75 Dockage Dock Concrete Dockage Seawall Concrete Exterior Features Storage Land Size Less Than 1/4 Acre Pool YN No Porch Balcony Screened P/BScreened Patio Roof Shingle Roof Shutters Other Side Ocean Stories 2 Stories Style Multi-Units Vehicle Storage Covered ParkingRV Parking OpenTrailer Storage Vehicle Storage Cars 4+ Waterfront Canal Front Waterfront YN Yes Waterview Canal View

Interior Features

Appliances DishwasherStainless Steel Appliance(s)RefrigeratorOven Cooling Heating Ceiling Fans(s)Central Air Floor Tile Furnished Unfurnished Interior Features Built-in CabinetsSmoke AlarmsSplit BedroomGranite Counter Top Pre Wired Cable Specialty Rooms Utility Room Windows Doors Single Hung WindowsSliding Glass Doors

Property Features

Accessibility Features None Assoc Approval Req No Assoc Fee 275.00 Assoc Hoa YN No Assoc Maint Fee Per Yearly Assoc Right Of Refusal No Auction No Bank Owned No Bank Owned Financial Status No City KEY LARGO Control Depth 5 Deed Restrictions Unknown Fee Includes Other Flood Zone AE Handicap Access No Listing Board Florida Keys Mile Marker 100.00 Neighborhood Features Community Boat RampOther Area Features Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Security No Security Species List No Sq Ft Source Tax Records Tax Exemptions None Tax Year 2023 Taxes 10689.42 Terms No Seller Finance Title Title Ins - Buyer Utilities Buyer to VerifyMunicipal SewerSewer AvailableCommunity Swr PlantFKAACable Available Zoning MF - Multi-Family Attached

Listing courtesy of Walters Luxury Group Gloria, Rachel And Michaela Wa of Ocean Sotheby's International Realty: (305) 712-8888.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jimmy Lane Home Team | Century 21Circle are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jimmy Lane Home Team | Century 21Circle
211 Simonton Street
Key West FL, 33040