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581 8Th Street

Key Colony, FL 33051
  • $1,800,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 604936
UPDATED: 50 min ago
$1,800,000
  • 6
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,895
    SQFT
  • $622
    $/SQFT
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

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).

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Island Group | COMPASS are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.sellingislandlife.com/homes/138560113
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581 8Th Street Key Colony, FL 33051

  • Price: $1,800,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 50 min ago
  • MLS #: 604936
6
Beds
4
Baths
0
½ Baths
0.19
Acres
2,895
SQFT
$622
$/SQFT
1974
Built
Neighborhood:
Key Colony Bch 1st Addn Amd Plat (53.5)
County:
Monroe
Area:
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Property Description
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).
Exterior Features

Above Flood Yes Building Style Ground Level Construction Cbs Dock Length 75 Dockage Dock Concrete Land Size Less Than 1/4 Acre Pool YN No Roof Tar/Gravel Roof Shutters Accordion Side Median Style Duplex Vehicle Storage Off Street ParkingRv Parking OpenTrailer Storage Waterfront Canal Front Waterfront YN Yes Waterview Canal View

Interior Features

Appliances DishwasherDryerMicrowaveOvenRangeRefrigeratorWasher Cooling Heating Ceiling Fans(S)Central Air Floor Tile Furnished FurnishedNegotiable Interior Features BarDrapes/Blinds InclGranite Counter TopSmoke Alarms Windows Doors Impact Rstnce WindowSingle Hung Windows

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Key Colony Condition Updated/Remodeled Control Depth 4 Deed Restrictions No Fee Includes None Flood Zone Ae Listing Board Key West Association Mile Marker 53.50 Min Rental Days 7.00 Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Species List Yes Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2021 Taxes 5176.13 Terms CashConventional Title Title Ins - Buyer Utilities Buyer To VerifyFkaaMunicipal Sewer Zoning R-2A - Key Colony Two Family

Listing courtesy of Jessica Celli of Berkshire Hathaway Knight & Gardner: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Island Group | COMPASS are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Keys Island Group | COMPASS
Key West FL, 33040