About 237 Atlantic Boulevard
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.
Features of 237 Atlantic Boulevard
| MLS® # | 609804 |
|---|---|
| Price | $2,599,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,164 |
| Acres | 0.22 |
| Year Built | 1980 |
| Type | Residential |
| Sub-Type | Multi-Units |
| Status | Active |
Community Information
| Address | 237 Atlantic Boulevard |
|---|---|
| Area | 27 - Key Largo MM 97-107 |
| Subdivision | Port Largo (100.0) |
| City | KEY LARGO |
| County | Monroe |
| State | FL |
| Zip Code | 33037 |
Amenities
| Amenities | Other Area Features, Community Boat Ramp |
|---|---|
| Utilities | FKAA, Buyer to Verify, Municipal Sewer, Community Swr Plant, Other Sewer/Water, Cable Available |
| Parking Spaces | 4 |
| Parking | RV Parking Open, Covered Parking, Trailer Storage |
| View | Canal View |
| Is Waterfront | Yes |
| Waterfront | Canal Front |
| Has Pool | No |
Interior
| Interior Features | Split Bedroom, Built-in Cabinets, Smoke Alarms, Granite Counter Top |
|---|---|
| Appliances | Dishwasher, Stainless Steel Appl, Oven, Refrigerator |
| Cooling | Central A/C, Ceiling Fans |
| Fireplace | No |
| Stories | 2 Stories |
Exterior
| Exterior Features | Storage |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Windows | Sliding Glass Doors, Single Hung Windows |
| Roof | Shingle Roof |
| Construction | CBS, Poured Concrete Cnst |
Additional Information
| Date Listed | May 1st, 2024 |
|---|---|
| Days on Market | 164 |
| Zoning | IS - Improved Subivision District |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 275.00 |
| HOA Fees Freq. | Yearly |
Listing Details
| Agent | Walters Luxury Group Gloria, Rachel And Michaela Wa |
|---|---|
| Office | Ocean Sotheby's International Realty |