237 Atlantic Boulevard, Key Largo, FL 33037
$2,100,000
Property Type:
Residential
Bedrooms:
7
Baths:
4
Square Footage:
3,164
Lot Size (sq. ft.):
9,375
Status:
Closed
Current Price:
$2,100,000
List Date:
5/01/2024
Last Modified:
4/01/2025
Overview
Description
...
(Read more)
INVESTORS! This waterfront multi-family tri-plex is located in the coveted boating enclave of Port Largo. This property presents a prime opportunity for astute investors seeking to capitalize on its versatile building rights or to leverage its existing rental income potential with long-term tenants.
The allure of this investment lies in its potential for future rental income optimization. With two, two-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, there exists ample room for income diversification. Each unit features an inviting open floor plan, complemented by screened-in porches that afford picturesque vistas of the water.
75 feet of deep-water concrete dockage further enhances its appeal to both investors and tenants alike. Whether one chooses to reside in one unit while leasing out the others or to capitalize on the rental market, the possibilities for maximizing returns are truly limitless in this prime investment offering. An exceptional investment opportunity awaits discerning investors.
Listing Details MLS# 609804
Location, Tax & Legal
- Street #
- 237
- Street Name
- Atlantic
- Street Suffix
- Boulevard
- Key/Island
- Key Largo
- State/Province
- FL
- Zip Code
- 33037
- County
- Monroe
- Subdivision
- Port Largo (100.0)
- Area
- 27 - Key Largo MM 97-107
- City
- KEY LARGO
- Off Shore Island
- No
- Mile Marker
- 100
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- AE
- Alternate Key #
- 1553590
- Handicap Access
- No
- Parcel #
- 00453472-000500
- Zoning
- IS - Improved Subivision District
- Deed Restrictions
- Unknown
- Legal
- LT 237 PORT LARGO SECOND ADDITION KEY LARGO PB6-53 OR589-831 OR792-1075 OR792-1072 OR792-1074 OR798-2274 OR2534-844/45
- Taxes
- 10689.42
- Tax Year
- 2023
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Florida Keys
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
- Species List
- No
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Multi-Units
- Waterfront
- Yes
- Control Depth
- 5
- Pool
- No
- Year Built
- 1980
- Total Units
- 3
- Lot SqFt
- 9375
- Lot Sqft Source
- Tax Records
- Acres
- 0.22
- Living Apx SqFt
- 3164
- SqFt Source
- Tax Records
- Total Bedrooms
- 7
- Full Baths
- 4
- Total Baths
- 4
- Rentals Allowed
- Yes
- Min Rental Days
- 28
Status Change Info
- Sold Date
- 2025-04-01
Association Info
- Mandatory Home Owners Asc
- No
- Voluntary Home Owners Asc
- Yes
- 1st Right of Refusal
- No
- Assoc Approval Req
- No
- Association Fee $
- 275
- Assoc/Mnt Fee Per
- Yearly
Dockage
- Dock Length
- 75
- Dock
- Concrete
- Seawall
- Concrete
More Information
Building Style
- Above Flood
- Unknown
- Stories
- 2 Stories
Vehicle Storage
- Car(s)
- 4+
- Covered Parking
- Yes
- RV Parking Open
- Yes
- Trailer Storage
- Yes
Financial Status
- Auction
- No
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- INVESTORS! This waterfront multi-family tri-plex is located in the coveted boating enclave of Port Largo. This property presents a prime opportunity for astute investors seeking to capitalize on its versatile building rights or to leverage its existing rental income potential with long-term tenants. The allure of this investment lies in its potential for future rental income optimization. With two, two-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, there exists ample room for income diversification. Each unit features an inviting open floor plan, complemented by screened-in porches that afford picturesque vistas of the water. 75 feet of deep-water concrete dockage further enhances its appeal to both investors and tenants alike. Whether one chooses to reside in one unit while leasing out the others or to capitalize on the rental market, the possibilities for maximizing returns are truly limitless in this prime investment offering. An exceptional investment opportunity awaits discerning investors.
- Directions
- Turn onto Atlantic Avenue from US-1 and triplex is on your left.
Fee Includes
- Other
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Oven
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Canal View
- Yes
Floor
- Tile
- Yes
Neighborhood Feature
- Community Boat Ramp
- Yes
- Other Area Features
- Yes
Interior Features
- Built-in Cabinets
- Yes
- Granite Counter Top
- Yes
- Smoke Alarms
- Yes
- Split Bedroom
- Yes
Specialty Rooms
- Utility Room
- Yes
Windows/Doors
- Single Hung Windows
- Yes
- Sliding Glass Doors
- Yes
Security
- No Security
- Yes
Construction
- CBS
- Yes
- Concrete
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Unfurnished
- Yes
Terms
- No Seller Finance
- Yes
Utilities
- Buyer to Verify
- Yes
- Cable Available
- Yes
- Community Swr Plant
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
- Sewer Available
- Yes
Porch/Balcony
- Screened P/B
- Yes
- Screened Patio
- Yes
Title
- Title Ins - Buyer
- Yes
Exterior Features
- Storage
- Yes
Pre-Wired
- Cable
- Yes
Roof
- Shingle Roof
- Yes
Accessibility Feat
- None
- Yes
Shutters
- Other
- Yes
Property Features
Fee Includes:
Other
Tax Exemptions:
None
Waterfront:
Canal Front
Waterview:
Canal View
Vehicle Storage:
Covered Parking; RV Parking Open; Trailer Storage
Furnished:
Unfurnished
Cooling:
Ceiling Fans(s); Central Air
Heating:
Central
Utilities:
Buyer to Verify; Cable Available; Community Swr Plant; FKAA; Municipal Sewer; Sewer Available
Interior Features:
Built-in Cabinets; Granite Counter Top; Smoke Alarms; Split Bedroom
Pre-Wired:
Cable
Specialty Rooms:
Utility Room
Appliances:
Dishwasher; Oven; Refrigerator; Stainless Steel Appliance(s)
Exterior Features:
Storage
Accessibility Feat:
None
Construction:
CBS; Concrete
Shutters:
Other
Floor:
Tile
Roof:
Shingle Roof
Pets:
Pets Allowed
Neighborhood Feature:
Community Boat Ramp; Other Area Features
Security:
No Security
Land Size:
Less Than 1/4 Acre
Terms:
No Seller Finance
Title:
Title Ins - Buyer
Listing Office:
Ocean Sotheby's International Realty
Last Updated: April - 01 - 2025
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.
