1 Bowen Drive, Key Largo, FL 33037 (MLS# 600208)

1 Bowen Drive, Key Largo, FL 33037

$1,630,000

Property Type: Residential Bedrooms: 8 Baths: 10 Square Footage: 4,412 Lot Size (sq. ft.): 9,342 Status: Closed

Current Price: $1,630,000 List Date: 3/20/2023 Last Modified: 9/06/2024

Description

MOTIVATED SELLER—-TREMENDOUS INVESTMENT OPPORTUNITY WITH THIS WELL MAINTAINED MIXED-USE BUILDING...A GREAT ADDITION to YOUR PORTFOLIO... Gross Annual Rental Income $106K. Signage along highly traveled US1 provides prime exposure for businesses-YOUR TENANTS WILL LOVE IT. Common parking lot with ample space to accommodate businesses, residents & guests. Convenient location to Key Largo amenities and activities. Eight fully occupied residential units along with the 2 storefronts. This is a fully operational income producing property while still offering room for value added enhancements...An IDEAL INVESTMENT! Bring all offers! Please DO NOT disturb tenants. LA must accompany

More Information MLS# 600208

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Current Price: $1,630,000 Listing Date: 2022-03-17 Sold Price: $1,630,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 105 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 1632376 Parcel #: 00513060-000000 Zoning: RO - Residential/Office Deed Restrictions: Unknown Legal: BK 14 LT 1 BOWENS ADDN TO RIVIERA VILLAGE KEY LARGO PB2-107 AND ADJ PORTION OF STATE RD 5 G57-181 OR368-894/95 OR776-596 Taxes: 7546.27 Tax Year: 2021 Pub Sewer HkUp: Yes Street #: 1 Street Name: Bowen Street Suffix: Drive Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Bowens Addn Riviera Village (105.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot SqFt: 9342 Pool: No Total Units: 10 Acres: 0.21 SqFt Source: Tax Records Rentals Allowed: Yes Style: Multi-Units Year Built: 1959 Living Apx SqFt: 4412 Total Bedrooms: 8 Full Baths: 8 Half Baths: 2 Total Baths: 10

Remarks & Misc

Remarks – Consumer: MOTIVATED SELLER—-TREMENDOUS INVESTMENT OPPORTUNITY WITH THIS WELL MAINTAINED MIXED-USE BUILDING...A GREAT ADDITION to YOUR PORTFOLIO... Gross Annual Rental Income $106K. Signage along highly traveled US1 provides prime exposure for businesses-YOUR TENANTS WILL LOVE IT. Common parking lot with ample space to accommodate businesses, residents & guests. Convenient location to Key Largo amenities and activities. Eight fully occupied residential units along with the 2 storefronts. This is a fully operational income producing property while still offering room for value added enhancements...An IDEAL INVESTMENT! Bring all offers! Please DO NOT disturb tenants. LA must accompany Directions: Directly across Key Largo Public School on US1

Association Info

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

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Other: Buyer to verify

Pets

Pets Allowed: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2023-09-06 Sold Price: $1,630,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Utilities: Buyer to Verify; FKAA; Municipal Sewer Construction: CBS Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Listing Office: Paradise Florida Keys Real Estate

Last Updated: September - 06 - 2024

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