Active

237 Atlantic Boulevard

Key Largo FL, 33037

$2,599,000


$821.43 per sqft

Active

4 Beds

3 Baths

3,164 sqft

Residential

Built in 1980

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.

611728

MLS ID

October 5, 2024

Listed

November 22, 2024

Updated

Map

237 Atlantic Boulevard
Key Largo FL, 33037

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Split Bedroom, Built-in Cabinets, Smoke Alarms, Granite Counter Top, Cable, Other, Utility Room, Single Hung Windows, Sliding Glass Doors


Appliances

Dishwasher, Stainless Steel Appliance(s), Oven, Refrigerator


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fans(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.22 Acres


Exterior Features

Storage


Roof

Shingle Roof

School Information

School District

No

Other Property Details

Area Name

27 - Key Largo MM 97-107


Taxes

$10,689


Tax Frequency

Annually


Days on Market

25


Association Amenities

Other


Garage

No


Parking

RV Parking Open, Trailer Storage, Covered Parking


Parking Total

4


View

Yes


View Description

Canal View


County

Monroe


Pool

No


Waterfront

Yes


Zoning

IS - Improved Subivision District

Listed by Walters Luxury Group Gloria, Rachel and Michaela Walters with Ocean Sotheby's International Realty
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 11/22/2024. 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 11/22/2024 at 10:08 PM UTC

 

Powered byLuxury Presence