237 Atlantic Boulevard, Key Largo, FL 33037 (MLS# 609804)

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

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 ... (Read more)

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

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

Under Contract Date: 2025-01-28
Leased 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+

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No

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.