Bought with Walters Luxury Group Gloria, Rachel and Michaela Walters • Ocean Sotheby's International Realty
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,100,000
Property Type Single Family Home
Sub Type Residential - Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,164 sqft
Price per Sqft $663
Subdivision Port Largo (100.0)
MLS Listing ID 609804
Sold Date 04/01/25
Style Multi-Units
Bedrooms 7
Full Baths 4
HOA Fees $275
Year Built 1980
Annual Tax Amount $10,689
Tax Year 2023
Property Sub-Type Residential - Single Family
Property Description
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.
Location
State FL
County Monroe
Area 27 - Key Largo Mm 97-107
Zoning IS - Improved Subivision District
Interior
Interior Features Split Bedroom, Built-in Cabinets, Smoke Alarms, Granite Counter Top
Heating Central Air, Ceiling Fans(s)
Cooling Central Air, Ceiling Fans(s)
Flooring Tile
Exterior
Exterior Feature Storage
Utilities Available FKAA, Cable Available, Buyer to Verify, Sewer Available, Municipal Sewer, Community Swr Plant
Waterfront Description Canal Front
Roof Type Shingle Roof
Private Pool No
Building
Story 2 Stories
Lot Size Range 0.22
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Learn More About LPT Realty
Armando Delgado
Broker Associate | License ID: 3320544
Broker Associate License ID: 3320544