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:
9/07/2023
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
Current Price: $1,630,000
Listing Date: 2022-03-17
Listing Board: Florida Keys
Sold Price: $1,630,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
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)
Mile Marker: 105
Area: 27 - Key Largo MM 97-107
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
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1959
Total Units: 10
Lot SqFt: 9342
Acres: 0.21
Living Apx SqFt: 4412
SqFt Source: Tax Records
Total Bedrooms: 8
Full Baths: 8
Half Baths: 2
Total Baths: 10
Rentals Allowed: Yes
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
Status Change Info
Sold Date: 2023-09-06
Sold Price: $1,630,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Stories: 2 Stories
Appliances
Other: Buyer to verify
Financial Status
Bank Owned: No
Potential Short Sale: No
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: Realty One Group Engage the Keys
Last Updated: September - 07 - 2023
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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.