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113 Ocean Bay Drive

Key Largo, FL 33037
  • $599,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 606324
UPDATED: 75 min ago
$599,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,540
    SQFT
  • $389
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1953
County:

School Ratings & Info

Description

Welcome to this exceptional investment opportunity! We present to you a 3-unit income-producing property situated on an oversized corner lot, complete with a fenced yard. The exterior has been recently painted, giving it a fresh and appealing look. With a gross rental income of $30K+ and conservative rents, this property offers a lucrative investment potential. The tenants, who are long-term and responsible, pay for their own utilities, making it even more desirable. Additionally, this property is conveniently located near restaurants, shopping centers, and the beautiful Florida Keys Bay, where you can enjoy breathtaking sunsets. Each unit also features its own outdoor living area, providing a comfortable and enjoyable living experience. This is truly a great investment opportunity that you don't want to miss. Please refrain from disturbing the tenants.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/142437529
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113 Ocean Bay Drive Key Largo, FL 33037

  • Price: $599,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 75 min ago
  • MLS #: 606324
4
Beds
3
Baths
0
½ Baths
0.12
Acres
1,540
SQFT
$389
$/SQFT
1953
Built
Neighborhood:
Lazy Lagoon (100.0)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
Welcome to this exceptional investment opportunity! We present to you a 3-unit income-producing property situated on an oversized corner lot, complete with a fenced yard. The exterior has been recently painted, giving it a fresh and appealing look. With a gross rental income of $30K+ and conservative rents, this property offers a lucrative investment potential. The tenants, who are long-term and responsible, pay for their own utilities, making it even more desirable. Additionally, this property is conveniently located near restaurants, shopping centers, and the beautiful Florida Keys Bay, where you can enjoy breathtaking sunsets. Each unit also features its own outdoor living area, providing a comfortable and enjoyable living experience. This is truly a great investment opportunity that you don't want to miss. Please refrain from disturbing the tenants.
Exterior Features

Above Flood No Building Style Ground Level Construction Cbs Dockage None Land Size Less Than 1/4 Acre Pool YN No Roof Metal Roof Side Bay/Gulf Stories 1 Story Style Multi-Units Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances Other Buyer To Verify Cooling Heating Central AirWall/Window Unit(S) Furnished Unfurnished

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Key Largo Control Depth 0 Deed Restrictions Unknown Fee Includes Other Flood Zone Ae Listing Board Florida Keys Mile Marker 100.00 Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Species List No Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2022 Taxes 4378.62 Utilities Buyer To VerifyFkaaMunicipal Sewer Zoning IS - Improved Subivision District

Listing courtesy of Lisa Bence of Realty One Group Destination (Isl): (305) 293-8881.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036