$2,660,000
Stock Island, FL 33040
MLS# 582131
Status: Closed
4 beds | 2 baths | 1200 sqft

1 / 18

Property Description
Multi family homes consisting of a total of 20 rental units. Water Front dock in rear of property. Total of 8 Duplex Buildings and one building that has 4 rental one bedroom units. See Supplemental Remarks !
Details
Contract Information
Current Price: $2,660,000
Listing Date: 2018-10-01
Listing Board: Key West Association
Leased Price Monthly: $2,660,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 6630
Street Name: Maloney
Street Suffix: Avenue
Key/Island: Stock Island
State/Province: FL
Zip Code: 33040
Subdivision: Blue Waters (5.0)
County: Monroe
Area: 05 - Stock Island to Shark Key
General Property Description
Realtor.COM Type: Multi-Family
Style: Residential Income
Lot SqFt: 38400
Waterfront: Yes
Year Established: 1985-12-31
Off Street Parking: Under the duplexs
# Stories: 2
Building Ht. Ft.: 16
Total # Buildings: 9
Building SqFt: 10760
SqFt Source: Property Data Card
Living Apx SqFt: 1200
Total Units: 21
Year Built: 1986
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of County License: 20
Dockage
Dock: Wood
Dock Length: 10
Appliances
Other: appliances per apt
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2019-02-13
Leased Date: 2019-03-29
Leased Price Monthly: $2,660,000
Status: Closed
Property Features
Type: Apartment 3 or more
Waterfront: Open Water
Waterview: Bay/Gulf View
Utilities: Municipal Sewer; Separate Meters
Construction: Frame
Land Size: 1 Less Than 2 Acres
Fee Includes: None
Tenant Paid: Cable; Electric; Water
Supplements
Total MONTHLY RENTAL INCOME is $20,800 Buildings #1, 4,9 are duplex building with two units each. Buildings 2,3,5,6,8 are duplex building in which the families have taken over the 2nd unit in the duplex and in some cases the 2nd kitchen the appliances and cabinets have been removed. Building Number 7 has been converted into 4 units of 1 bedroom and 1 bath each. Unit 10-B is a trailer on the property. Rental income is $1100 per month which is included in the total monthly rental income.
Listing Office: Cabana Realty (KW)
Last Updated: September - 09 - 2024
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.