Louis Paez - Coldwell Banker
770 Carolyn Avenue
Little Torch Key, FL 33042

Description

Good opportunity to purchase and receive immediate passive income at approximately 6.5% return on investment. Well built single family home on canal with long term tenant in place at $2,900/month. Lease expires 9/30/2018 with option to renew. Excellent boating from here with no bridges to Gulf and one bridge (15'H) to ocean. Supply of rental housing in the Lower Keys is low, creating high demand for both long term and short term (min. 28 days) rentals. 24 hours notice to show by appointment only - do not disturb tenant.

Details

MLS#581039
StyleIndustrial
Sub-TypeResale
StatusActive
Year1985
Days On Site37

Features

SQ Feet952
Story(s)1
ZoningIS - Improved Subivision Distric

Market Activity 33042

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Area Information

StateFL
CountyMonroe
CityLittle Torch Key
Zip Code33042
AreaLower Keys
Listing VS Median (in 33042)
Price:
$539,000
low | high
Med:
$514,500
54.545454545455% of Average
SqFt:
952
low | high
Med:
1,156
28.571428571429% of Average
$ / SqFt:
$566
low | high
Med:
$445
71.390374331551% of Average
On Site:
37
low | high
Med:
105.5
35.071090047393% of Average
Listing Updated: 08/17/2018