461 & 471 3rd Street, Key Colony, FL 33051
461 & 471 3rd Street, Key Colony, FL 33051
461 & 471 3rd Street, Key Colony, FL 33051
461 & 471 3rd Street, Key Colony, FL 33051
461 & 471 3rd Street, Key Colony, FL 33051
461 & 471 3rd Street, Key Colony, FL 33051
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Ernesto Portuondo

Ernesto Portuondo

+1(305) 336-8874
$ 1,848,000
Est. payment | /mo

6 Beds

4 Baths

2,528 SqFt

Save
$ 1,848,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,528 SqFt

Open House

Sat May 30, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Multi-family

Listing Status Active

Purchase Type For Sale

Square Footage 2,528 sqft

Price per Sqft $731

Subdivision Key Colony Beach (53.5)

MLS Listing ID 615206

Style Duplex

Bedrooms 6

Full Baths 4

Construction Status CBS

HOA Y/N No

Rental Info Yes

Year Built 1997

Annual Tax Amount $6,941

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi-family

Property Description

Capitalize on proven income and flexibility with this fully furnished, turnkey waterfront duplex generating approx. $100K/year in rental income! Built above flood for added peace of mind and potential insurance savings, this well-established (for 10+ years) vacation rental features two spacious 3BD/2BA units with private entrances and parking. Enjoy 60 ft. of deep-water dockage on a wide canal with immediate ocean access, plus two private waterfront outdoor living spaces framed by lush tropical landscaping and privacy fencing between. Whether you rent both units, live in one and rent the other or enjoy as a multi-family retreat, this property offers unmatched versatility at a price point well below comparable 6-bedroom waterfront single-family homes in Key Colony Beach. Just 1/4 mile from the Cabana Club and close to beaches, dining, and shopping--ready for immediate use or continued rental success!

Location

State FL

County Monroe

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

Zoning R-2A - Key Colony Two Family

Interior

Interior Features Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Storage

Heating Central Air, Ceiling Fans(s)

Cooling Central Air, Ceiling Fans(s)

Flooring Tile

Furnishings Furnished

Appliance Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer

Exterior

Exterior Feature Fencing, Privacy Wall/Fence

Parking Features RV Parking Open, Trailer Storage

Community Features Tennis Courts, Bike Paths, Beach

Utilities Available FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer, Community Swr Plant

Waterfront Description Canal Front

View Canal View

Roof Type Metal Roof

Private Pool No

Building

Sewer Yes

Construction Status CBS

Others

SqFt Source Property Data Card

Security Features Patrolled Area

Acceptable Financing Cash, FHA, VA, Conventional

Listing Terms Cash, FHA, VA, Conventional

Pets Allowed Pets Allowed

Listed by Island Breeze Realty, LLC

Nearby Locations

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461 & 471 3rd Street