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142 Ocean Bay Drive, Key Largo, FL 33037

$1,100,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 4,064 Lot Size (sq. ft.): 23,700 Status: Closed
Current Price: $1,100,000 List Date: 5/20/2015 Last Modified: 9/05/2024

Overview

Description

Investment opportunity with expansive potential financially. Four unit building, each 2bedroom/2bath, central air, tile floors, screened porches, washer/dryer in each unit, undercover parking, all waterfront. Excellent rental history. Excellent condition. Extensive dockage, currently 5 boat slips plus additional lineal dockage, concrete docks, davits, Concrete building, metal roof

Listing Details MLS# 566535

Location, Tax & Legal

Street #
142
Street Name
Ocean Bay
Street Suffix
Drive
Key/Island
Key Largo
State/Province
FL
Zip Code
33037
County
Monroe
Subdivision
Key Largo Ocn Shores (100.0)
Area
27 - Key Largo MM 97-107
City
KEY LARGO
Off Shore Island
No
Mile Marker
100
Side
Ocean
Flood Zone
AE
Alternate Key #
1616893
Handicap Access
No
Parcel #
00499040-000000
Zoning
R4 - Residential Fourplex
Deed Restrictions
Unknown
Legal
KEY LARGO OCEAN SHORES ADDM PB4-12 LOTS 19 20 & 21 BLK 7 OR554-844 C J DOCKET 10-12 RE: 49903 & 49905 COMBINED IMPROVEME
Taxes
9774.71
Tax Year
2013
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Multi-family
Style
Multi-Units
Waterfront
Yes
Control Depth
3
Pool
No
Year Built
1988
Total Units
4
Lot SqFt
23700
Acres
0.54
Living Apx SqFt
4064
SqFt Source
Tax Records
Total Bedrooms
8
Full Baths
8
Total Baths
8
Floor Number
3
Rentals Allowed
Yes
Min Rental Days
28

Status Change Info

Sold Date
2015-07-30

Association Info

Mandatory Home Owners Asc
No

Dockage

Dock Length
200
Dock
Concrete
Boat Slip
Yes
Davits
Yes

More Information

Building Style

Above Flood
Yes
Stories
3 Stories

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Investment opportunity with expansive potential financially. Four unit building, each 2bedroom/2bath, central air, tile floors, screened porches, washer/dryer in each unit, undercover parking, all waterfront. Excellent rental history. Excellent condition. Extensive dockage, currently 5 boat slips plus additional lineal dockage, concrete docks, davits, Concrete building, metal roof
Directions
At mile marker 100 turn onto Ocean Bay Drive Oceanside and follow road to Ocean Shores Drive...complex on the right on the corner of Ocean Bay Dr & Ocean Shores Dr

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dryer
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Central Air
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes

Floor

Tile
Yes

Interior Features

Drapes/Blinds Incl
Yes
Window Treatments
Yes

Vehicle Storage

Carport
Yes

Construction

CBS
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Furnished

Unfurnished
Yes

Terms

Buyer Obtain Finance
Yes
No Seller Finance
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Screened Patio
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Fencing
Yes
Storage
Yes

Roof

Metal Roof
Yes

Shutters

Panel
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Slip; Davits Vehicle Storage: Carport Furnished: Unfurnished Cooling: Central Air Utilities: FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl; Window Treatments Appliances: Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Fencing; Storage Construction: CBS Shutters: Panel Floor: Tile Roof: Metal Roof Land Size: 1/2 - Less Than 1 AC Terms: Buyer Obtain Finance; No Seller Finance Title: Title Ins - Buyer
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Last Updated: September - 05 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.