Active
571 8Th Street
Key Colony FL, 33051
$2,349,000
$1,059.06 per sqft
Active
5 Beds
4 Baths
2,218 sqft
Multi-family
Built in 1970
Check out the updated photos! The current DOM is reflective of pre-remodeling days. This 7 night weekly rental is an investors dream with rental projections at 70% of $184,800 and/or 60% at $158,400. This full duplex has been completely renovated with brand new kitchens, appliances, bathrooms, flooring and impact windows and sliders. The exterior of this 8,250 sq ft property will really shine, featuring a 75 ft concrete seawall with steel bumpers, 5k davits and a fish cleaning station. For easy canal access it has swim ladders and stairs from the dock. With a fenced-in yard, huge side yard with double swing gates for secured trailer storage, tiki, pool, and large exterior gathering space. Each floor has an interior washer and dryer, and the units are separately metered. The property provides ample parking for vehicles, trailers, toys, plus a one-car garage equipped with an impact garage door and enough room to accommodate a large motorhome with plenty of room to turn around. The duplex could be divided and sold separately, providing an investment or co-owning opportunity. You could buy half and a family member or friend could buy half.
606381
MLSⓇ ID
May 16, 2024
Updated
Map
571 8Th Street
Key Colony FL, 33051
Interior Features
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Other, Impact Rstnce Window, Single Hung Windows, Sliding Glass Doors
Appliances
Dishwasher, Refrigerator, Range, Oven, Microwave
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fans(s), Central Air
Heating
No
Exterior/Building Features
Lot Size
0.19 Acres
Exterior Features
Chickee Hut, Storage
Roof
Metal Roof
School Information
School District
Yes
Other Property Details
Area Name
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Taxes
$10,257
Tax Frequency
Annually
Days on Market
76
Association Amenities
None
Garage
Yes
Parking
Attached, RV Parking Open, Trailer Storage, Off Street Parking, Open Parking, Garage, Guest Parking, Covered Parking
View
No
View Description
Canal View
County
Monroe
Pool
Yes
Pool Features
Fiberglass, In Ground
Waterfront
Yes
Zoning
R-2A - Key Colony Two Family
Listing History
Date | Event | Price |
|---|---|---|
5/14/2024 | Price Change | $2,349,000 -3% |
Listed by Samuel Davis Williams with Coldwell Banker Schmitt Real Estate Co.
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 5/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Florida Keys Board of REALTORS® all rights reserved.
Data last updated on 5/16/2024 at 2:51 PM UTC