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$699,999
76777 Overseas Hwy Unit 5, Islamorada, FL 33036
2 Beds
1 Baths
504 sqft

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Chance to own a Diamond in the Rough 'The World Famous Island Dog Villa' extremely unique 2 Bedroom 1 Bath Detached Villa.Over 40k in bookings for 2022 through July alone.This property is Zoned Hotel/Motel meaning the property can legally be rented nightly, weekly, monthly, or used for primary living. The property is currently rented at a 97% Occupancy rate with a Cap Rate of over 8% and climbing. Property is professionally designed and decorated and being sold As / Is with all furniture and furnishing including all Fish Mounts included.Amazingly designed with 2 Split Bedrooms, fully equipped Kitchen with Stainless Steel appliances and Granite. Full Sized Washer and Dryer.In 2019, property was converted from septic to sewer.In 2020 completely renovated Salt Water Heated and private community pool.Community has a private boat ramp.This is a turn key property with an established business. All Bookings will transfer to new owners and current owner / operator will work with new buyers throughout the process.Also listed as ML 50701
  • Price:
  • $699,999
  • Bedrooms:
  • 2
  • Full Baths:
  • 1
  • Square Footage:
  • 504
  • Acreage:
  • 0.07
  • Year Built:
  • 1970
  • Listing ID #:
  • 597904
  • Street Address:
  • 76777 Overseas Hwy Unit 5
  • City:
  • Islamorada
  • State:
  • Florida
  • Postal Code:
  • 33036
  • County:
  • Monroe
  • Community:
  • 22 - Lower Matecumbe
  • Subdivision:
  • Misc Lower Matacumbe (76.0)
  • Listing Status:
  • Active
  • Listing Type:
  • Residential - Single Family
  • Approximate Total Liveable Area:
  • 504.00
  • Building Condition:
  • Updated/Remodeled
  • Construction Description:
  • Cbs
  • Doors And Windows:
  • Impact Rstnce Window
  • Flooring:
  • Tile Floor
  • Furnished:
  • Furnished
  • Interior Features:
  • Built-In Cabinets, Granite Counter Top
  • Porch Description:
  • Deck, Patio
  • Square Footage Source:
  • Tax Records
  • Style:
  • Single Family
  • Type Of Roof:
  • Shingle Roof
  • Year Built:
  • 1970
  • Conforms To Zoning:
  • Oth - Other Zoning
  • Federal Flood Zone:
  • Ae, Ae, Ae, Ae
  • Lot Size:
  • Less Than 1/4 Acre
  • Lot Square Footage:
  • 3200.00
  • Community Features:
  • Community Boat Ramp, Community Pool
  • Days On Market:
  • 114
  • Minimum Lease Term:
  • 1.00
  • Terms:
  • Cash, Conventional
  • Association Fee:
  • $333
  • Association Fee Payment Frequency:
  • Monthly
  • Hoa Fee Includes:
  • Common Area Mnt, Sewer, Water
  • Property Taxes:
  • $3,275
  • Tax Year:
  • 2020
  • Dock Description:
  • Boat Ramp
  • Parking Description:
  • Open Parking, Trailer Storage
  • Pool:
  • Yes
  • Pool Description:
  • In Ground, Tidal/Salt Water
  • Appliances:
  • Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appl, Washer
  • Heating And Air:
  • Ceiling Fans, Central A/C, Heat
  • Water View Description:
  • No Waterview
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Charles Rutenberg Realty Ft Lauderdale
  • UPKEYS

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