INVESTORS! 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.
Mls | 609804 |
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Listing Type | For Sale |
Style | Attachd |
Hoadues | $275 |
Subtype | Resale |
Status | Active |
Year | 1980 |
Days On Site | 217 |
Listing Provided By | Ocean Sotheby's International Realty | Walters Luxury Group Gloria, Rachel and Michaela W |
Beds | 7 |
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Baths | 4 Total |
Sq Feet | 3,164 |
Units | 3 |
Zoning | IS - Improved Subivision |
Acreage | 0.22 |
Water Front | Yes |
Property View | Canal |
State | FL |
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County | Monroe |
City | KEY LARGO |
Zip Code | 33037 |
Area | 27 Key Largo MM 97 107 |
Community Name | Port Largo (100.0) |
Listing VS Median (in Port Largo (100.0)) | |
Price: $2,599,000 low | high Med: $1,995,000 SqFt: 3,164 low | high Med: 784 $ / SqFt: $821 low | high Med: $2,545 On Site: 217 low | high Med: 320.000000 |