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Sold for $2,100,000 on 04/01/25
  • $2,100,000

    237 Atlantic Blvd, Key Largo, FL 33037

    7beds
    3,164sqft
    Multi Family, Single Family Residence
    Built in 1980
    -- sqft lot
    $2,112,500 Zestimate®
    $664/sqft
    $4,081 Estimated rent

    What's special

    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 opportunity awaits discerning investors.

    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2025 at 07:22am

    Listed by:

    Walters Luxury Group Gloria, Rachel and Michaela Walters 305-942-6834,

    Ocean Sotheby's International Realty

    Bought with:

    Walters Luxury Group Gloria, Rachel and Michaela Walters, 662034_1

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 609804MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Stainless Steel Appliance(s), Oven, Refrigerator
    Features
    • Split Bedroom, Built-in Cabinets, Granite Counters, Utility Room
    • Flooring: Tile
    • Doors: Sliding Glass Doors
    • Windows: Single Hung Windows, Other
    Interior area
    • Total interior livable area: 3,164 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: RV Parking Open, Trailer Storage, Covered
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No, None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Screened P/B, Screened Patio
    • Exterior features: Storage
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 75
    Lot
    • Size: 9,583 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00453472000500
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Single Family Residence
    Materials
    • CBS, Concrete
    • Roof: Shingle
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Municipal Sewer, Community Swr Plant, Public Sewer
    • Utilities for property: FKAA, Cable Available, Buyer to Verify, Sewer Available, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), No Security
    Community
    • Community features: Community Boat Ramp, Other
    Location
    • Region: Key Largo
    • Subdivision: Port Largo (100.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $275 yearly
    • Services included: Other

    Other

    Other facts
    • Listing terms: No Seller Finance
    Services availability