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    91 State Road 939

    Sugarloaf Key, FL 33042
    • $1,600,000
    • STATUS: Active
    • ON SITE: 69 days
    • MLS #: 595577
    UPDATED: 33 min ago
    $1,600,000
    • 4
      BEDS
    • 0.41
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,222
      SQFT
    • $1,309
      $/SQFT
    Type:
    Multi-Family
    Built:
    2005
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY WITH 2 RV SPACES AND 2 SINGLE FAMILY HOMES IN RV ZONING ALLOWING NIGHTLY RENTALS!! This property is located within the tranquility of the Great White Heron National Wildlife Refuge in prestigious Sugarloaf Key. Bring your vision and create your very own private resort destination with this unique Sugarloaf Key Property. If you add a pool, tiki bar, lush tropical landscaping for outdoor entertaining area and you can have your own secluded Caribbean Hideaway for your guests to frequent year after year. A perfect location for a corporate retreat. There is a tremendous opportunity here to develop your own Secluded Private Island Retreat. The neighboring property is also for sale if purchased together provides over 1 acre of land in RV Zoning!!!There are 2 RV spaces that can each be rented out nightly, and 2 homes that can be rented out nightly if they each have a Vacation Rental Permit, the new owner would have to apply for their own. One Homesite offers 2 bedrooms and 2 bathrooms and the other offers 2 bedrooms and 1 bath. Both units were damaged in Hurricane Irma and might be able to be repaired under the 50% rule, buyer to verify. If the homes are replaced and not repaired they would be restricted to a 28 day minimum rental period. Being located on the entrance road to the KOA, which is getting ready to open back up with massive improvements, there will be plenty of overflow traffic to capture. This property is walking distance to Mangrove Mamas, our unique local landmark restaurant with great food and entertainment. Even Bow Channel Bridge is within walking distance and offers excellent bridge fishing. Launch or rent kayaks at Sugarloaf Marina and explore the pristine backcountry of the Lower Florida Keys and the Great White Heron National Wildlife Refuge. Rent a boat, or charter a local guide only minutes from this location. Several boat launches are within a few miles to access world renown fishing grounds. Cudjoe Gardens Boat Ramp offers great deep water access to the Atlantic. There are excellent bicycle and walking trails to explore the area on land as well as by water. Sugarloaf Key is located only 15 minutes from Key West, where you will find nightly entertainment throughout the year, and a multitude of fabulous restaurants recognized in many national publications.

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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 Team | Vacasa Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.sellingislandlife.com/homes/115970657
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    91 State Road 939 Sugarloaf Key, FL 33042

    • Price: $1,600,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 595577
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.41
    Acres
    1,222
    SQFT
    $1,309
    $/SQFT
    2005
    Built
    Neighborhood:
    Sugarloaf Townsite (20.0)
    County:
    Monroe
    Area:
    06 - Bay Point To Sugarloaf
    Property Description
    GREAT INVESTMENT OPPORTUNITY WITH 2 RV SPACES AND 2 SINGLE FAMILY HOMES IN RV ZONING ALLOWING NIGHTLY RENTALS!! This property is located within the tranquility of the Great White Heron National Wildlife Refuge in prestigious Sugarloaf Key. Bring your vision and create your very own private resort destination with this unique Sugarloaf Key Property. If you add a pool, tiki bar, lush tropical landscaping for outdoor entertaining area and you can have your own secluded Caribbean Hideaway for your guests to frequent year after year. A perfect location for a corporate retreat. There is a tremendous opportunity here to develop your own Secluded Private Island Retreat. The neighboring property is also for sale if purchased together provides over 1 acre of land in RV Zoning!!!There are 2 RV spaces that can each be rented out nightly, and 2 homes that can be rented out nightly if they each have a Vacation Rental Permit, the new owner would have to apply for their own. One Homesite offers 2 bedrooms and 2 bathrooms and the other offers 2 bedrooms and 1 bath. Both units were damaged in Hurricane Irma and might be able to be repaired under the 50% rule, buyer to verify. If the homes are replaced and not repaired they would be restricted to a 28 day minimum rental period. Being located on the entrance road to the KOA, which is getting ready to open back up with massive improvements, there will be plenty of overflow traffic to capture. This property is walking distance to Mangrove Mamas, our unique local landmark restaurant with great food and entertainment. Even Bow Channel Bridge is within walking distance and offers excellent bridge fishing. Launch or rent kayaks at Sugarloaf Marina and explore the pristine backcountry of the Lower Florida Keys and the Great White Heron National Wildlife Refuge. Rent a boat, or charter a local guide only minutes from this location. Several boat launches are within a few miles to access world renown fishing grounds. Cudjoe Gardens Boat Ramp offers great deep water access to the Atlantic. There are excellent bicycle and walking trails to explore the area on land as well as by water. Sugarloaf Key is located only 15 minutes from Key West, where you will find nightly entertainment throughout the year, and a multitude of fabulous restaurants recognized in many national publications.
    Exterior Features

    Above Flood Yes Construction Modular Dockage None Land Size More Than 1 Lot Pool YN No Roof Shingle Roof Shutters Panel Side Ocean Style Multi-Units Vehicle Storage Guest ParkingOff Street ParkingOpen ParkingRv Parking Open Waterfront None Waterfront YN No Waterview No Waterview

    Interior Features

    Appliances Other Yes Floor Laminate Windows Doors Single Hung Windows

    Property Features

    Assoc Approval Req No Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City Sugarloaf Condition Fixer Upper Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone Ae Listing Board Marathon/Lower Keys Mile Marker 20.00 Min Rental Days 1.00 Neighborhood Features Bike Paths Pets Pets Allowed Public Sewer Hookup No Rentals Allowed Yes Species List Yes Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2020 Taxes 4172.09 Terms CashConventionalSeller Finance Psble Title Negotiable Utilities Aerobic SystemBuyer To VerifyFkaa Zoning Rv - Recreational Vehicle District

    Listing courtesy of Anneliese Dietrick of Coldwell Banker Schmitt Re Co. Lower Keys Office.


    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 Team | Vacasa Real Estate 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 Team | Vacasa Real Estate
    1001 Whitehead Street
    Key West FL, 33040