113 Ocean Bay Drive

Key Largo, FL 33037 / Lazy Lagoon (100.0)

MLS ID# 606324 Active
Multi-Units

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$599,000

4 beds

3 baths

******** Garage

1540 sqft

0.12 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

Welcome to this exceptional investment opportunity! We present to you a 3-unit income-producing property situated on an oversized corner lot, complete with a fenced yard. The exterior has been recently painted, giving it a fresh and appealing look. With a gross rental income of $30K+ and conservative rents, this property offers a lucrative investment potential. The tenants, who are long-term and responsible, pay for their own utilities, making it even more desirable. Additionally, this property is conveniently located near restaurants, shopping centers, and the beautiful Florida Keys Bay, where you can enjoy breathtaking sunsets. Each unit also features its own outdoor living area, providing a comfortable and enjoyable living experience. This is truly a great investment opportunity that you don't want to miss. Please refrain from disturbing the tenants. Welcome to this exceptional investment opportunity! We present to you a 3-unit income-producing property situated on an oversized corner lot, complete with a fenced yard. The exterior has been recently painted, giving it a fresh and appealing look. ... show more

Location, Tax & Legal

• Street # 113
• Street Name Ocean Bay
• Street Suffix Drive
• Key/Island Key Largo
• City KEY LARGO
• State/Province FL
• Zip Code 33037
• Off Shore Island No
• County Monroe
• Subdivision Lazy Lagoon (100.0)
• Mile Marker 100
• Area 27 - Key Largo MM 97-107
• Marathon Neighborhood N/A
• Side Bay/Gulf
• Flood Zone AE
• Alternate Key # 1614718
• Parcel # 00496800-000000
• Zoning IS - Improved Subivision District
• Deed Restrictions Unknown
• Legal BK 1 LTS 30 - 31 LAZY LAGOON PB2-126 KEY LARGO OR462-508 OR533-808 CASE82-105-CP-12 OR852-1590/94-WILL OR1727-1324 OR194
• Taxes 4378.62
• Tax Year 2022
• Pub Sewer HkUp Yes

General Property Description

• Realtor.COM Type Residential - Single Family
• Style Multi-Units
• Waterfront No
• Control Depth 0
• Pool No
• Year Built 1953
• Total Units 0
• Lot SqFt 5148
• Acres 0.12
• Living Apx SqFt 1540
• SqFt Source Property Data Card
• Total Bedrooms 4
• Full Baths 3
• Half Baths 0
• Total Baths 3
• Rentals Allowed Yes

Details

• Association Info

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

• Fee Includes

  Other

• Tax Exemptions

  None

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Building Style

  No Above Flood, Ground Level, Stories:1 Story

• Furnished

  Unfurnished

• Cooling

  Central Air, Wall/Window Unit(s)

• Utilities

  Buyer to Verify, FKAA, Municipal Sewer

• Appliances

  Other:Buyer to Verify

• Construction

  CBS

• Roof

  Metal Roof

• Pets

  Pets Allowed

• Land Size

  Less Than 1/4 Acre

• Show

  Tenant Occupied

• Financial Status

  No Bank Owned, No Potential Short Sale