237 Atlantic Boulevard, Key Largo, FL 33037

$2,699,000
7
BD
4
BA
3,164
SqFt
List Price
$2,699,000
MLS#
609804
Style
Multi-Units
Status
ACTIVE
Island
Key Largo
County
Monroe
City
Key Largo
Area
27 - Key Largo MM 97-107
Subdivision
Port Largo (100.0)
Bedrooms
7
Bathrooms
4
Living Area
3,164
Acres
0.22
Year Built
1980
Days on Market
21

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.

Additional Information

Hoa Fee
$275
Hoa Freq
Yearly
Taxes
$10,689
Construction
CBS, Concrete
Interior Features
Built-in Cabinets, Smoke Alarms, Split Bedroom, Granite Counter Top
Flooring
Tile
Furnished
Unfurnished
Appliances
Dishwasher, Stainless Steel Appliance(s), Refrigerator, Oven
Heating and Air
Ceiling Fans(s), Central Air
Pets
Pets Allowed
Exterior Features
Storage
Doors/Windows
Single Hung Windows, Sliding Glass Doors
Roof
Shingle Roof
Parking Description
Covered Parking, RV Parking Open, Trailer Storage
Waterview Description
Canal View
Waterfront
Yes
Waterfront Description
Canal Front
Side
Ocean
Control Depth
5
Zoning
MF - Multi-Family Attached
Flood Zone
AE
Mile Marker
100
Community Features
Community Boat Ramp, Other Area Features
Terms
No Seller Finance

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy Of Ocean Sotheby's International Realty, Contact: (305) 712-8888