127 Seaside Avenue, Key Largo, FL 33037

$2,275,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,716 Lot Size (sq. ft.): 21,250 Status: Closed
Current Price: $2,275,000 List Date: 4/17/2025 Last Modified: 5/20/2025

Description

Your Investment Paradise or Forever Dream Home Awaits! This extraordinary, income-producing oceanfront property that offers a rare opportunity to enjoy your very own vacation retreat while generating rental income when you're not using it. Located on a commercially zoned lot, this unique two-story solid concrete residence features four bedrooms and two bathrooms, thoughtfully renovated for modern living. Each level is independent, with two bedrooms and one bathroom per floor—perfect for flexible living or renting arrangements. Importantly, this zoning allows for LEGAL short-term rentals, making it an ideal investment opportunity. With new impact windows, doors, and a poured concrete roof, you'll enjoy both safety and peace of mind. Situated in a prime oceanfront location, the property boasts direct ocean access, over 100 feet of dock space, and bay bottom ownership—making it a boater's dream come true. Its spacious indoor and outdoor living areas offer stunning views, while being within walking distance to a popular local restaurant adds convenience and charm. Just one hour from Miami, this home is truly an exceptional find for those seeking lifestyle and investment potential in equal measure. Don't miss the chance to make this dream property yours!

More Information MLS# 614673

Contract Information

Listing Board: Florida Keys Current Price: $2,275,000 Listing Date: 2025-04-17 Sold Price: $2,275,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 94.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: VE,AE,VE,VE,AE,AE Alternate Key #: 1608441 Parcel #: 00492230-000000 Zoning: SC - Sub Urban Commercial District Deed Restrictions: Unknown Legal: RE-SUB SEASIDE PB2-10 KEY LARGO PT SQR 4 KNOWN AS LOT 6 SQR 4 AND 14 62 38 ISLAND OF KEY LARGO BAY BTM ADJ LTS 63 AND 64 Taxes: 14667.8 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 127 Street Name: Seaside Street Suffix: Avenue Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Seaside Sub (94.5) Area: 26 - Key Largo S of MM 96.9

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 6 Lot Size: 50' x 425' including 0.2 AC of ocean bottom Lot SqFt: 21250 Pool: No Lot Sqft Source: Property Data Card Total Units: 2 Acres: 0.5 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 1 Style: Single Family Year Built: 1962 Living Apx SqFt: 1716 Total Bedrooms: 4 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Your Investment Paradise or Forever Dream Home Awaits! This extraordinary, income-producing oceanfront property that offers a rare opportunity to enjoy your very own vacation retreat while generating rental income when you're not using it. Located on a commercially zoned lot, this unique two-story solid concrete residence features four bedrooms and two bathrooms, thoughtfully renovated for modern living. Each level is independent, with two bedrooms and one bathroom per floor—perfect for flexible living or renting arrangements. Importantly, this zoning allows for LEGAL short-term rentals, making it an ideal investment opportunity. With new impact windows, doors, and a poured concrete roof, you'll enjoy both safety and peace of mind. Situated in a prime oceanfront location, the property boasts direct ocean access, over 100 feet of dock space, and bay bottom ownership—making it a boater's dream come true. Its spacious indoor and outdoor living areas offer stunning views, while being within walking distance to a popular local restaurant adds convenience and charm. Just one hour from Miami, this home is truly an exceptional find for those seeking lifestyle and investment potential in equal measure. Don't miss the chance to make this dream property yours!

Association Info

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

License Info

Transient Rntl Licns: Yes

Fee Includes

None: 1

Dockage

Dock: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1

Waterview

Open Water View: 1

Floor

Tile: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown Split Level: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Open Parking: 1 Off Street Parking: 1

Construction

CBS: 1 Concrete: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Roof

Concrete Roof: 1

Status Change Info

Sold Date: 2025-05-19 Sold Price: $2,275,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront Waterview: Open Water View Property Condition: Updated/Remodeled Building Style: Split Level Vehicle Storage: Off Street Parking; Open Parking Furnished: Negotiable Cooling: Central Air Heating: Central Utilities: FKAA; Municipal Sewer Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Construction: CBS; Concrete Floor: Tile Roof: Concrete Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional
Listing Office: Real Estate Sales Force, Inc.
Last Updated: May - 20 - 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.