Priced to sell, as this property is currently one of the best values in Key Colony Beach in terms of costs per square foot. This is your opportunity to own a dual income producing property in paradise! Whether you are operating both units as separate vacations rentals or living in one unit yourself and renting out the other, it's win/win. Currently both units are active vacation rentals that carry the coveted Cabana Club membership for you or your guests to enjoy. Another advantage is that this property is situated above flood! Each unit includes 3 bedrooms, 2 full baths, granite counters and a 37.5-foot dock. The kitchen and living areas overlook the canal with large impact sliders leading out the patio which is perfect for outdoor entertaining. Each master has its own private outdoor access and ensuite bathroom. This property is situated in Key Colony Beach where a myriad of activities and amenities await, all within walking distance: full-service marina, restaurants, park, post office, golf, tennis, basketball, bocce ball, pickle ball or horseshoe. Don't miss the chance to take advantage of the flexibility that this multi-family building has to offer!Please note this listing is for both 581 and 591 8th street. (N 1/2 LOT 25 BK 9 KEY COLONY BEACH FIRST ADDN AMD PLAT PB4-11 SHELTER KEY OR1486-1327/32AFF OR1486-1333 OR3045-1895 OR3131-0248).
- Price:
- $1,800,000
- Bedrooms:
- 6
- Full Baths:
- 4
- Square Footage:
- 2,895
- Acreage:
- 0.19
- Year Built:
- 1974
- Listing ID #:
- 604936
- Street Address:
- 581 8th St
- City:
- Key Colony
- State:
- Florida
- Postal Code:
- 33051
- County:
- Monroe
- Community:
- 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
- Subdivision:
- Key Colony Bch 1st Addn Amd Plat (53.5)
- Listing Status:
- Active
- Listing Type:
- Multi-family
- Approximate Total Liveable Area:
- 2895.00
- Architecture Style:
- Ground Level
- Building Condition:
- Updated/Remodeled
- Construction Description:
- Cbs
- Doors And Windows:
- Impact Rstnce Window, Single Hung Windows
- Flooring:
- Tile
- Furnished:
- Furnished, Negotiable
- Interior Features:
- Bar, Drapes/Blinds Incl, Granite Counter Top, Smoke Alarms
- Square Footage Source:
- Property Data Card
- Style:
- Duplex
- Type Of Roof:
- Tar/Gravel Roof
- Year Built:
- 1974
- Conforms To Zoning:
- R-2a - Key Colony Two Family
- Federal Flood Zone:
- Ae
- Lot Size:
- Less Than 1/4 Acre
- Lot Square Footage:
- 8250.00
- Days On Market:
- 49
- Minimum Lease Term:
- 7.00
- Terms:
- Cash, Conventional
- Property Taxes:
- $5,176
- Tax Year:
- 2021
- Parking Description:
- Off Street Parking, Rv Parking Open, Trailer Storage
- Appliances:
- Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Heating And Air:
- Ceiling Fans(s), Central Air
- Utilities:
- Buyer To Verify, Fkaa, Municipal Sewer
- Control Depth:
- 4
- Water View Description:
- Canal View
- Waterfront:
- Yes
- Waterfront Description:
- Canal Front
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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 Berkshire Hathaway Knight & Gardner
