461 & 471 3rd St, Key Colony Beach, FL 33051
461 & 471 3rd St, Key Colony Beach, FL 33051
461 & 471 3rd St, Key Colony Beach, FL 33051
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$1,848,000
Est. payment /mo
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2,528 SqFt
Price Dropped by $50K

461 & 471 3rd St Key Colony Beach, FL 33051

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Eric Christopher Davis

Eric Christopher Davis

+1(305) 720-8337

UPDATED:

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

MLS Listing ID A11924718

HOA Y/N No

Year Built 1997

Annual Tax Amount $6,871

Tax Year 2024

Property Sub-Type Duplex

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 Key Colony Beach

Area 98 Florida Keys

Interior

Heating Other

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Window Features Metal,Single Hung

Exterior

Exterior Feature Fence, Porch, Patio, Storm/Security Shutters

Pool None

Utilities Available Cable Available

Waterfront Description Canal Front,Ocean Access

Roof Type Metal

Porch Open, Patio, Porch

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 00072850-000000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11924718

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Island Breeze Realty, LLC

NEARBY SCHOOL & BUSINESS

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Eric Christopher Davis

Eric Christopher Davis

Global Real Estate Advisor | License ID: 3449765

+1(305) 720-8337

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461 & 471 3rd St