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1 Bowen Drive, Key Largo, FL 33037

$1,630,000
Property Type: Residential Bedrooms: 8 Baths: 10 Square Footage: 4,412 Lot Size (sq. ft.): 9,342 Status: Closed
Current Price: $1,630,000 List Date: 3/20/2023 Last Modified: 9/06/2024

Overview

Description

MOTIVATED SELLER—-TREMENDOUS INVESTMENT OPPORTUNITY WITH THIS WELL MAINTAINED MIXED-USE BUILDING...A GREAT ADDITION to YOUR PORTFOLIO... Gross Annual Rental Income $106K. Signage along highly traveled US1 provides prime exposure for businesses-YOUR TENANTS WILL LOVE IT. Common parking lot with ample space to accommodate businesses, residents & guests. Convenient location to Key Largo amenities and activities. Eight fully occupied residential units along with the 2 storefronts. This is a fully operational income producing property while still offering room for value added enhancements...An IDEAL INVESTMENT! Bring all offers! Please DO NOT disturb tenants. LA must accompany

Listing Details MLS# 600208

Location, Tax & Legal

Street #
Yes
Street Name
Bowen
Street Suffix
Drive
Key/Island
Key Largo
State/Province
FL
Zip Code
33037
County
Monroe
Subdivision
Bowens Addn Riviera Village (105.0)
Area
27 - Key Largo MM 97-107

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
No
Pool
No
Year Built
1959
Total Units
10
Lot SqFt
9342
Acres
0.21
Living Apx SqFt
4412
SqFt Source
Tax Records
Total Bedrooms
8
Full Baths
8
Half Baths
2
Total Baths
10
Rentals Allowed
Yes

Status Change Info

Under Contract Date
2023-07-06
Leased Date
2023-09-06

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Building Style

Above Flood
Unknown
# Stories
2 Stories

More Information

Appliances

Other
Buyer to verify

Financial Status

Bank Owned
No
Potential Short Sale
No

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Utilities: Buyer to Verify; FKAA; Municipal Sewer Construction: CBS Pets: Pets Allowed Land Size: Less Than 1/4 Acre
Listing Office: Paradise Florida Keys Real Estate, a Luxury Brand
Last Updated: September - 06 - 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.