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127 Seaside Avenue, Key Largo, FL 33037

$2,495,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,716 Lot Size (sq. ft.): 12,348 Status: Active
Current Price: $2,495,000 List Date: 11/20/2025 Last Modified: 12/09/2025

Description

Ocean views, deepwater dockage, and the rare ability to legally operate nightly rentals - it doesn't get any better! This exceptional oceanfront duplex offers a standout turnkey investment opportunity, combining the perfect trifecta for your portfolio: panoramic ocean views, deepwater dockage, and approved nightly rental capability. An ideal multi-family compound and a rare chance to own a fully versatile, income-producing Keys property. Enjoy oceanfront living with two beautifully updated units, each featuring 2 bedrooms and 1 bathroom, separate entrances, and its own oceanfront porch. The property showcases panoramic blue-water views that are simply breathtaking, a rare find for both investors and those seeking a spectacular coastal retreat. Boating enthusiasts will appreciate the 100 feet of concrete dockage with immediate ocean access, along with the unique benefit of ownership of the ocean bottom, offering added value, flexibility, and long-term security. Zoning permits rentals with a minimum stay of just one night, giving you maximum income potential or the option to enjoy it as a private getaway. Whether you're looking to expand your investment portfolio or create your future oceanfront dream home, this duplex offers unmatched versatility and incredible potential in a beautiful setting. Plenty of parking and room for a pool, expansion or redevelopment! Call today for more details.

More Information MLS# 617384

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $2,495,000 Listing Date: 2025-11-20 List Price: $2,495,000

Location, Tax & Legal

City: KEY LARGO Off Shore Island: No Mile Marker: 94.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: VE,AE,VE,VE,AE,AE Alternate Key #: 1608441 Parcel #: 00492230-000000 Zoning: SC - Sub Urban Commercial District Deed Restrictions: Unknown Legal: RE-SUB SEASIDE PB2-10 KEY LARGO PT SQR 4 KNOWN AS LOT 6 SQR 4 AND 14 62 38 ISLAND OF KEY LARGO BAY BTM ADJ LTS 63 AND 64 Taxes: 14667.8 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 127 Street Name: Seaside Street Suffix: Avenue Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Seaside Sub (94.5) Area: 26 - Key Largo S of MM 96.9

General Property Description

Realtor.COM Type: Multi-family Waterfront: Yes Control Depth: 6 Lot SqFt: 12348 Pool: No Lot Sqft Source: Property Data Card Total Units: 2 Acres: 0.2 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 1 Style: Single Family Year Built: 1962 Living Apx SqFt: 1716 Total Bedrooms: 4 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Ocean views, deepwater dockage, and the rare ability to legally operate nightly rentals - it doesn't get any better! This exceptional oceanfront duplex offers a standout turnkey investment opportunity, combining the perfect trifecta for your portfolio: panoramic ocean views, deepwater dockage, and approved nightly rental capability. An ideal multi-family compound and a rare chance to own a fully versatile, income-producing Keys property. Enjoy oceanfront living with two beautifully updated units, each featuring 2 bedrooms and 1 bathroom, separate entrances, and its own oceanfront porch. The property showcases panoramic blue-water views that are simply breathtaking, a rare find for both investors and those seeking a spectacular coastal retreat. Boating enthusiasts will appreciate the 100 feet of concrete dockage with immediate ocean access, along with the unique benefit of ownership of the ocean bottom, offering added value, flexibility, and long-term security. Zoning permits rentals with a minimum stay of just one night, giving you maximum income potential or the option to enjoy it as a private getaway. Whether you're looking to expand your investment portfolio or create your future oceanfront dream home, this duplex offers unmatched versatility and incredible potential in a beautiful setting. Plenty of parking and room for a pool, expansion or redevelopment! Call today for more details.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

License Info

# of County License: 2 Transient Rntl Licns: Yes

Fee Includes

None: 1

Dockage

Dock Length: 100 Dock: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Building Style

Above Flood: No

Windows/Doors

Impact Rstnce Window: 1 Other Windows/Doors: 1

Vehicle Storage

Open Parking: 1 RV Parking Open: 1 Trailer Storage: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Cable Available: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Roof

Concrete Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Vehicle Storage: Open Parking; RV Parking Open; Trailer Storage Furnished: Furnished Cooling: Central Air Heating: Central Utilities: Cable Available; FKAA; Municipal Sewer Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Construction: CBS Roof: Concrete Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: December - 09 - 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.