461471 3rd ST, Key Colony, FL 33051
461471 3rd ST, Key Colony, FL 33051
461471 3rd ST, Key Colony, FL 33051
461471 3rd ST, Key Colony, FL 33051
461471 3rd ST, Key Colony, FL 33051
461471 3rd ST, Key Colony, FL 33051
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Amy Bruggeman

Amy Bruggeman

+1(305) 619-0818
Listed by David N. Grego Island Breeze Realty, LLC
$ 1,848,000
Est. payment | /mo

6 Beds

4 Baths

2,528 SqFt

Save
$ 1,848,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,528 SqFt

Open House

Sat May 30, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,528 sqft

Price per Sqft $731

Subdivision Key Colony Beach (53.5)

MLS Listing ID 615206

Style Above Flood

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1997

Annual Tax Amount $6,941

Tax Year 2024

Lot Size 6,672 Sqft

Acres 0.16

Property Sub-Type Duplex

Land Area 2528

Property Description

Capitalize on proven income and flexibility with this fully furnished, turnkey waterfront duplex generating approx. $100K/year in rental income! Built above flood for added peace of mind and potential insurance savings, this well-established (for 10+ years) vacation rental features two spacious 3BD/2BA units with private entrances and parking. Enjoy 60 ft. of deep-water dockage on a wide canal with immediate ocean access, plus two private waterfront outdoor living spaces framed by lush tropical landscaping and privacy fencing between. Whether you rent both units, live in one and rent the other or enjoy as a multi-family retreat, this property offers unmatched versatility at a price point well below comparable 6-bedroom waterfront single-family homes in Key Colony Beach. Just ¼ mile from the Cabana Club and close to beaches, dining, and shopping--ready for immediate use or continued rental success!

Location

State FL

County Monroe

Community Bike Paths, Beach, Tennis Court(S)

Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

Zoning R-2A - Key Colony Two Family

Direction Take Sadowski Causeway, make a left onto E Ocean Dr. Turn left onto 3rd st. Home is on the left

Interior

Interior Features Drapes/Blinds Incl, Smoke Alarms, Storage, Window Treatments

Cooling Central Air, Ceiling Fans(s)

Flooring Tile

Furnishings Furnished

Window Features Single Hung Windows,Sliding Glass Doors,Shutters

Appliance Dryer, Washer, Dishwasher, Microwave, Oven, Stainless Steel Appliance(s), Range, Refrigerator

Exterior

Exterior Feature Privacy Wall/Fence, Fencing

Community Features Bike Paths, Beach, Tennis Court(s)

Utilities Available Electric Separate Meter, Cable Available, FKAA, Municipal Sewer, Community Sewer Plant, Water Separate Meter

Waterfront Description Canal Front

Roof Type Metal Roof

Garage No

Building

Architectural Style Above Flood

Others

HOA Fee Include None

Tax ID 00072850-000000

Security Features Patrolled Area

Acceptable Financing Cash, Conventional, VA Loan, FHA

Listing Terms Cash, Conventional, VA Loan, FHA

Pets Allowed Yes

Nearby Locations

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461471 3rd ST