237 ATLANTIC BLVD KEY LARGO, FL 33037

Features

• Price/sqft: $821
• Lot Size: 0.22 acres
• Total Units: 3
• Total Rooms: 9
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
• Stories: 2
• Roof Type: Asphalt
• Heating: Forced air unit
• Construction Type: Concrete Block
• Exterior Walls: Concrete Block

Facts

• Year Built: 01/01/1980
• Property ID: 879678109
• MLS Number: 609804
• Parcel Number: 00453472-000500
• Property Type: Townhouse or Condo
• County: Monroe
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.