Little Torch Key, FL | Waterfront Flip with 2 cash flowing rentals below!

Description

📌ADDRESS: 439 BLACKBEARD RD, LITTLE TORCH KEY, FL 33042

🏠 Single Family Residential

🛌 Beds: 5

🛀 Baths: 5

✨ Sqft: 3,300

🧱 Built: 1967

👨‍👩‍👧‍👦 Current Occupancy: Tenant Occupied

👪 Occupancy at Close: Tenant Occupied

💸 Starting Price: $1,400,000

🔑 Buy Now Price: $1,480,000

🚪 3 unit – Total 5 bed 4 bath 3300sf

Layout:
Upper unit level is a 3 bed 2 baths, 1700 sq ft with a walkout deck.
Lower level consists of two 1bed/1bath units, both with patio walkouts.

Details:

Lower units have recently been fully updated. They bring in a combined $6,600/m in rental income! Typically rented out by the month or mid-term
Upper unit was previously owner-occupied and renovations have been started. Kitchen had new countertops put in and the rest of the kitchen renovation is nearly complete.
Electrical and plumbing have all been redone throughout the unit
Has new storm windows.
The upper unit has 17 ft ceilings and an open floor plan, customize to your liking!
160′ of concrete dockage including private boat basin. Direct ocean & Gulf Access.
Has workshop with 15 foot ceiling and lots of off street parking
Insurance quote in hand at $1,200/M