Active

571 8Th Street

Key Colony FL, 33051

$1,999,999


$901.71 per sqft

Active

5 Beds

4 Baths

2,218 sqft

Multi-family

Built in 1970

Newly updated photos! The property is now furnished. (certain furniture and some wall decorations will not convey in the sale purchase) This 7-night weekly rental is an investor's dream! This full duplex has been completely renovated with brand new kitchens, appliances, bathrooms, flooring, and impact windows and sliders. Inside, you'll find completely updated spaces, each floor includes its own interior washer and dryer, and the units are separately metered. The exterior of this 8,250 sq ft property will truly shine, boasting a 75 ft concrete seawall with steel bumpers, 5k davits, and a fish cleaning station. For easy canal access, it has swim ladders and stairs from the dock. The property also features a fenced-in yard, a huge side yard with double swing gates for secured trailer storage, a tiki, a pool, and a large exterior gathering space. Parking is ample, with room for vehicles, trailers, and toys, plus a one-car garage equipped with an impact garage door. There's even enough space to accommodate a large motorhome with plenty of room to turn around. Additionally, the duplex offers flexible investment opportunities. It can be divided and sold separately, allowing for co-owning possibilities where you could buy half and a family member or friend could purchase the other half. This property provides an exceptional chance for investors or those looking to co-own a prime piece of real estate in Marathon, Florida.

606381

MLS ID

August 21, 2023

Listed

September 1, 2024

Updated

Map

571 8Th Street
Key Colony FL, 33051

Interior Features

Bedrooms

5


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Other, Impact Rstnce Window, Single Hung Windows, Sliding Glass Doors


Appliances

Dishwasher, Refrigerator, Range, Oven, Microwave


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fans(s), Central Air


Heating

No

Exterior/Building Features

Lot Size

0.19 Acres


Exterior Features

Chickee Hut, Storage


Roof

Metal Roof

School Information

School District

Yes

Other Property Details

Area Name

17 - Vaca Cut - Both Sides Holiday Inn/Key Colony


Taxes

$10,257


Tax Frequency

Annually


Days on Market

185


Association Amenities

None


Garage

Yes


Parking

Attached, RV Parking Open, Trailer Storage, Off Street Parking, Open Parking, Garage, Guest Parking, Covered Parking


Parking Total

4


View

No


View Description

Canal View


County

Monroe


Pool

Yes


Pool Features

Fiberglass, In Ground


Waterfront

Yes


Zoning

R-2A - Key Colony Two Family

Listing History

Date

Event

Price

7/26/2024

Price change

$1,999,999

-5%

7/18/2024

Price change

$2,099,000

-10%

7/8/2024

Price change

$2,324,000

-2%

5/14/2024

Price change

$2,349,000

-3%

Listed by Samuel Davis Williams with Coldwell Banker Schmitt Real Estate Co.
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 9/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 9/1/2024 at 4:11 AM UTC

 

Powered byLuxury Presence