461 & 471 3rd St, Key Colony FL 33051

$1,848,000

$731/sq ft

$100,000
Price Decreased

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Overview

Year Built

1997

Sqft

2528

Property Type

Duplex

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 ¼ mile from the Cabana Club and close to beaches, dining, and shopping--ready for immediate use or continued rental success!

Property Details

MLS#

A11924718

Total Floor in Bldg

1

Building

KEY COLONY BEACH

Address

461 & 471 3rd St

City

Key Colony

State/county

FL

Zip/Postal Code

33051

Area

Key Colony Beach

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,871

Maint Fee

$--

Tax Year

2024

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Boris Gelfand