571 8th Street
$1,990,000
5
4
2,218
2,218
$897
Description
Introducing an exceptional income-producing, beautifully renovated FULL duplex in the exclusive Key Colony Beach--the crown jewel of the Florida Keys. Located just off the Sadowski Causeway, this barrier island offers an enviable lifestyle with private beaches, breathtaking sunset views at Sunset Park, and premier access to fishing charters, marinas, and a nine-hole golf course. Key Colony Beach even has its own post office, making life here both convenient and luxurious. This well-maintained full...Introducing an exceptional income-producing, beautifully renovated FULL duplex in the exclusive Key Colony Beach--the crown jewel of the Florida Keys. Located just off the Sadowski Causeway, this barrier island offers an enviable lifestyle with private beaches, breathtaking sunset views at Sunset Park, and premier access to fishing charters, marinas, and a nine-hole golf course. Key Colony Beach even has its own post office, making life here both convenient and luxurious. This well-maintained full duplex boasts a 75 ft. concrete dock with davits, a sparkling swimming pool, and a tiki hut bar that overlooks a wide, 90+ foot canal. Boating enthusiasts will appreciate the quick access to the ocean or bay through the nearby Vaca Cut channel. Enjoy serene water views from the expansive covered porch of the upper unit, which features 2 bedrooms, 2 bathrooms, and an open-concept living space perfect for entertaining. The lower unit is fully renovated, offering a modern white kitchen, 3 spacious bedrooms, 2 bathrooms, and a shaded lanai for outdoor relaxation. The large, fully fenced side yard is ideal for pets or boat trailer storage, with convenient access to the attached garage and ample parking for multiple vehicles. Built with solid concrete construction and topped with a newer metal roof (approx. 3 years old), this property is a true investment gem. Live in one unit and rent out the other, or maximize its potential as a highly sought-after vacation rental destination with weekly rental options in the heart of the Middle Keys. This duplex is also eligible to be subdivided into two separate parcels, offering flexible ownership opportunities. With nearby parks, beaches, and a golf course, it's the perfect blend of relaxation and adventure in one of the most desirable locations in the Florida KeysThere are special compliance document requirements for the city of Key colony Beach that relate to environmental issue We will send that on the separate cover.
Property Details for 571 8th Street
Waterfront
Canal Front
WaterfrontYes
ZoningR-2A - Key Colony Two Family
SubdivisionKey Colony Beach (53.5)
DirectionsUS1 to Causeway. Turn 1st right at end of causeway. Turn right on 8th St
Building StyleGround Level
Vehicle StorageGarage, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Attached
PetsPets Allowed
LISTING UPDATED: 10/17/2024 01:21 PM
Property Details for 571 8th Street
Status | Active |
---|---|
MLS # | 611843 |
Days on Market | 14 |
Taxes | $11,301 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Duplex |
Year Built | 1970 |
Lot Size | 0.19 AC / 8,250 SF |
County | Monroe County |
Building Information for 571 8th Street
Stories2Residences-Year Built1970Building Size-Lot Size0.19 AC / 8,250 SF
Property Information for 571 8th Street
Property History for 571 8th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 571 8th Street
Taxable ValueLand$862,125Additions$353,359Total$1,215,484
Tax Record2023$11,301 ($942 / month)
Home Facts
Baths3Total Finished SqFt2,218 SqFtAbove Grade Finished SqFt2,218 SqFtStories2Lot Size8,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1970Year Renovated2005CountyMONROEAPN00075020-000000
Schools near 571 8th Street
This home is within Monroe.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 12 | |||
Charter - | PK to 5 | |||
Charter - | PK to 8 |
Rating | School | Distance |
---|---|---|
Stanley Switlik Elementary School PublicPK to 5 | ||
Marathon School Public6 to 12 | ||
Big Pine Academy CharterPK to 5 | ||
Treasure Village Montessori Charter School CharterPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.