Listing ID601346
Price$3,795,000$105K
StatusActive
Bedrooms4
Total Baths4
Full Baths4
SqFt 2,214
Acres 0.100
CountyMonroe
SubdivisionThe Meadows (1.0)
Year Built1928
Property TypeResidential
Property Sub TypeMulti-family
This is a fantastic investment opportunity in the sought-after and quiet neighborhood The Meadows in Key West. With a gross income close to $800,000.00 generated in the last 2 years, this property has proven to be a reliable source of revenue. The real draw is the 3transient licenses which allow for daily and nightly rentals, making it a prime location in one of the most desirable destination in the country. The shared indoor courtyard with a swimming pool adds to the appeal for guests. The property is a multiplex with 4 units each boasting a kitchen, living room, bedroom and bathroom. The 4th unit is rented at 3k a month on a yearly lease and the income is included in the total revenue.Recently renovated in 2018, the units feature dade county pine, engineered wood flooring, granite countertops, new kitchen cabinets, new appliances, new plumbing and new electrical making it move in ready for guests.Contact us today to schedule a viewing and take the first step towards owning a piece of paradise.
©2023 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but not guaranteed. Data last updated: Friday, February 3rd, 2023 at 12:52:07 PM.
#IDX-primaryPhoto,#idx-details-headerListed by: Key West Luxury Real Estate Inc (KW) (305) 797-2352

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Dina Schoneck

3736 Cindy Avenue
Key West, FL 33040
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