• 237 Atlantic Boulevard BOULEVARD KEY LARGO, FL 33037

  • $2,699,000
  • 7
    Bed(s)
  • 4
    Baths
  • 3,164
    Sq Ft

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.

Property Type :

Multi-family

County :

Monroe

Style :

Multi-family

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Property Details

 

Bedroom Information

Total Bedrooms : 7

Utility Room

Bathroom Information

Total Baths: 4

Full Baths: 4

Interior Features

Built-in Cabinets,Smoke Alarms,Split Bedroom,Granite Counter Top

Appliances : Dishwasher,Stainless Steel Appliance(s),Refrigerator,Oven

Roofing Information

Shingle Roof

Flooring Information

Tile

Heating & Cooling

Cooling: Ceiling Fans(s),Central Air

Heating: Central

Water Front: Yes

Canal Front

Canal View

Window Information

Window Treatments: Single Hung Windows,Sliding Glass Doors

Building Information

Year Built: 1980

Total Units: 3.00

Floor Location: 9375

Construction: CBS,Concrete

Security System: No Security

Roof: Shingle Roof

Exterior Features

Storage

Lot Information

Lot SqFt: 9,375

Lot SqFt Source: Tax Records

LT 237 PORT LARGO SECOND ADDITION KEY LARGO PB6-53 OR589-831 OR792-1075 OR792-1072 OR792-1074 OR798-2274 OR2534-844/45

Property Information

SQ ft (Living Area): 3,164

View: Canal View

Subdivision: Port Largo (100.0)

Stories: 2 Stories

Listing Price Information

List Price: $2,699,000

Listing Information

No Seller Finance

Tax Information

Taxes: $10,689

Tax Year: 2023

Parcel Number: 00453472-000500

Tax Exemptions : None

Multi-Unit Information

Pets Allowed: Pets Allowed

Homeowners Association Information

Mandatory Home Owners Asc : No

Voluntary Home Owners Asc : Yes

1st Right of Refusal : No

Assoc Approval Req : No

Association Fee $275.00

Assoc/Mnt Fee Per : Yearly

Utility Information

Buyer to Verify,Municipal Sewer,Sewer Available,Community Swr Plant,FKAA,Cable Available

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Land, Key Largo, FL,33037 $975,000 -- -- -- --
113 Tweedy Pie, Key Largo, FL,33037 $675,000 2 1 612 --
38 N Bounty Lane, Key Largo, FL,33037 $1,795,000 3 3 2,357 --
16 Corrine Place, Key Largo, FL,33037 $1,500,000 3 3 1,699 --
1302 Calder Road, Key Largo, FL,33037 $1,879,000 3 2 1,809 --
32 N Bounty Lane, Key Largo, FL,33037 $3,299,000 5 5 3,546 --
94825 Overseas Highway .., Key Largo, FL,33037 $325,000 -- -- -- 1658 Sqft
Land, Key Largo, FL,33037 $234,000 -- -- -- --
Land, Key Largo, FL,33037 $234,000 -- -- -- --
325 Calusa St, Key Largo, FL,33037 $320,000 -- -- -- 1750 Sqft

ByOwner last updated this listing 05/18/2024 @ 09:29

MLS: 609804
LISTED BY: Walters Luxury Group Gloria, Rachel and Michaela Walters , Ocean Sotheby's International Realty
SOURCE: Florida Keys MLS, Inc.
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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