$825,000
For Sale

163 Jo-Jean Way #Duplex

Key Largo, FL 33070
6 beds | 4.00 baths | #612441
Browse 46 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to your slice of paradise in the heart of Tavernier! This income producing, recently renovated CBS duplex offers a rare opportunity in the Florida Keys. Boasting 2,240 SF of legal living space, this solid concrete property includes two bright and spacious 3-bedroom, 2-bathroom units, each with its own private backyard. Enjoy peace of mind with a concrete roof and ample off-street parking for two or more cars per unit.Situated bayside, with a boat ramp right down the street, this property is perfect for boating enthusiasts seeking quick access to the pristine waters of the Keys. Each unit features separate utility meters, and tenants are responsible for their own utilities and cable, making this a low-maintenance investment for the owner. Both units are currently rented on month-to-month leases, offering immediate income potential for savvy investors.Whether you're seeking a stable long-term investment or flexible living arrangements, this property delivers! Choose from multiple options: rent both units for maximum income, live in one and rent the other, or transform the property into a stunning single-family home.This prime location is just minutes from shopping, schools, the hospital, restaurants, and all the laid-back coastal charm the Keys are known for. Don't miss out on this versatile and lucrative investment in paradise!

  • Property Details
      • SubdivisionTavernier Harbor (92.0)
      • Property TypePurchase
      • MLS #612441
      • Cost825000
      • MLS #612441
      • Bathrooms4.00
      • Year Built1984
      • Bedrooms6
      • Property SubtypeA

Location

Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00