43
See all 43 photos
Listed by Gregg Powers • Keller Williams Key West Compass Realty
$1,990,000
Est. payment /mo
5 BD
4 BA
2,218 SqFt
Contingent
571 8Th ST Key Colony, FL 33051
In-PersonVirtual Tour
UPDATED:
11/16/2024 06:40 PM
Key Details
Property Type Multi-Family
Sub Type Multi-family
Listing Status Contingent
Purchase Type For Sale
Square Footage 2,218 sqft
Price per Sqft $897
Subdivision Key Colony Beach (53.5)
MLS Listing ID 611843
Style Duplex
Bedrooms 5
Full Baths 4
Year Built 1970
Annual Tax Amount $11,300
Tax Year 2023
Property Description
Introducing an exceptional Duplex with icome producing potential! Fully renovated this FULL duplex is located in the exclusive Key Colony Beach--the crown jewel of the Florida Keys. Located just off the Sadowski Causeway, this barrier island offers an enviable lifestyle with private beaches, breathtaking sunset views at Sunset Park, and premier access to fishing charters, marinas, and a nine-hole golf course. Key Colony Beach even has its own post office, making life here both convenient and luxurious. This well-maintained full duplex boasts a 75 ft. concrete dock with davits, a sparkling swimming pool, and a tiki hut bar that overlooks a wide, 90+ foot canal. Boating enthusiasts will appreciate the quick access to the ocean or bay through the nearby Vaca Cut channel. Enjoy serene water views from the expansive covered porch of the upper unit, which features 2 bedrooms, 2 bathrooms, and an open-concept living space perfect for entertaining. The lower unit is fully renovated, offering a modern white kitchen, 3 spacious bedrooms, 2 bathrooms, and a shaded lanai for outdoor relaxation. The large, fully fenced side yard is ideal for pets or boat trailer storage, with convenient access to the attached garage and ample parking for multiple vehicles. Built with solid concrete construction and topped with a newer metal roof (approx. 3 years old), this property is a true investment gem. Live in one unit and rent out the other, or maximize its potential as a highly sought-after vacation rental destination with weekly rental options in the heart of the Middle Keys.This duplex is also eligible to be subdivided into two separate parcels, offering flexible ownership opportunities. With nearby parks, beaches, and a golf course, it's the perfect blend of relaxation and adventure in one of the most desirable locations in the Florida Keys.
Location
State FL
County Monroe
Area 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Zoning R-2A - Key Colony Two Family
Interior
Heating Central Air, Ceiling Fans(s)
Cooling Central Air, Ceiling Fans(s)
Flooring Tile
Exterior
Exterior Feature Chickee Hut, Storage
Pool Yes
Utilities Available FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
Waterfront Description Canal Front
Roof Type Metal Roof
Building
Story 2 Stories
Lot Size Range 0.19
GET MORE INFORMATION
ORLANDO AND SURROUNDING AREAS QUICK SEARCH