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76777 Overseas Highway , #5

Lower Matecumbe, FL 33036
  • $699,999
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 597904
Price Reduced
UPDATED: 59 min ago
$699,999
  • 2
    BEDS
  • 0.07
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 504
    SQFT
  • $1,389
    $/SQFT
Type:
Single-Family Home
Built:
1970
County:

School Ratings & Info

Description

Chance to own a Diamond in the Rough 'The World Famous Island Dog Villa' extremely unique 2 Bedroom 1 Bath Detached Villa.Over 40k in bookings for 2022 through July alone.This property is Zoned Hotel/Motel meaning the property can legally be rented nightly, weekly, monthly, or used for primary living. The property is currently rented at a 97% Occupancy rate with a Cap Rate of over 8% and climbing. Property is professionally designed and decorated and being sold As / Is with all furniture and furnishing including all Fish Mounts included.Amazingly designed with 2 Split Bedrooms, fully equipped Kitchen with Stainless Steel appliances and Granite. Full Sized Washer and Dryer.In 2019, property was converted from septic to sewer.In 2020 completely renovated Salt Water Heated and private community pool.Community has a private boat ramp.This is a turn key property with an established business. All Bookings will transfer to new owners and current owner / operator will work with new buyers throughout the process.Also listed as ML 50701

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Expert Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestexperts.com/homes/121879710
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76777 Overseas Highway , #5 Lower Matecumbe, FL 33036

  • Price: $699,999
  • Status: Active
  • On Site: 61 Days
  • Updated: 59 min ago
  • MLS #: 597904
2
Beds
1
Baths
0
½ Baths
0.07
Acres
504
SQFT
$1,389
$/SQFT
1970
Built
Neighborhood:
Misc Lower Matacumbe (76.0)
County:
Monroe
Area:
22 - Lower Matecumbe
Property Description
Chance to own a Diamond in the Rough 'The World Famous Island Dog Villa' extremely unique 2 Bedroom 1 Bath Detached Villa.Over 40k in bookings for 2022 through July alone.This property is Zoned Hotel/Motel meaning the property can legally be rented nightly, weekly, monthly, or used for primary living. The property is currently rented at a 97% Occupancy rate with a Cap Rate of over 8% and climbing. Property is professionally designed and decorated and being sold As / Is with all furniture and furnishing including all Fish Mounts included.Amazingly designed with 2 Split Bedrooms, fully equipped Kitchen with Stainless Steel appliances and Granite. Full Sized Washer and Dryer.In 2019, property was converted from septic to sewer.In 2020 completely renovated Salt Water Heated and private community pool.Community has a private boat ramp.This is a turn key property with an established business. All Bookings will transfer to new owners and current owner / operator will work with new buyers throughout the process.Also listed as ML 50701
Exterior Features

Above Flood Unknown Construction Cbs Dockage Boat Ramp Land Size Less Than 1/4 Acre Lot Size .012 Pool Info In GroundTidal/Salt Water Pool YN Yes Porch Balcony DeckPatio Roof Shingle Roof Side Ocean Style Single Family Vehicle Storage Open ParkingTrailer Storage Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DryerFreezerMicrowaveRangeRefrigeratorStainless Steel ApplWasher Cooling Heating Ceiling FansCentral A/CHeat Floor Tile Floor Furnished Furnished Interior Features Built-In CabinetsGranite Counter Top Pre Wired Cable Windows Doors Impact Rstnce Window

Property Features

Assoc Fee 333.00 Assoc Hoa YN Yes Assoc Maint Fee Per Monthly Assoc Right Of Refusal No City Islamorada Condition Updated/Remodeled Control Depth 0 Deed Restrictions No Fee Includes Common Area MntSewerWater Flood Zone AeAeAeAe Listing Board Florida Keys Mile Marker 76.00 Min Rental Days 1.00 Neighborhood Features Community Boat RampCommunity Pool Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Sq Ft Source Tax Records Tax Exemptions None Tax Year 2020 Taxes 3275.37 Terms CashConventional Title Title Ins - Buyer Transient License Yes Utilities Cable AvailableFkaaMunicipal Sewer Zoning Oth - Other Zoning

Listing courtesy of Brett Waldman of Charles Rutenberg Realty.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Expert Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Expert Realty
30964 Overseas Highway
Big Pine Key FL, 33043