33042 – WATERFRONT – Triplex in the KEYS… Florida 5/4 with HUGE potential !!

Description

WATERFRONT – FLORIDA KEYS – STR/LTR OPPORTUNITY
Opportunity to obtain and operate a Waterfront triplex near KiKi’s Sandbar & Grille in Little Torch Key, FL Keys. With full impact windows and doors, the property boasts a 3-bed, 2-bath upper level and two (2) 1-bed, 1-bath mother-in-law apartments below—recently rented on Furnished Finder for $100/night with 28-day minimums—ideal for flexible living or lucrative rental income.

The fully renovated mother-in-law apartments harmonize with open ocean access and ample dock space for two boats. Featuring a solid CBS structure and partially wood-framed design, the property offers endless potential, including a permitted first-floor conversion.

While the main house on the second floor awaits finishing renovations, seize the opportunity for a substantial value-add with $100k in upgrades, potentially making it the most impressive (and valuable) property on the southern end of Little Torch Key.

The seawall was replaced in 2006 and is in great shape. 160′ of concrete dockage with a large private boat basin. Deep draft boating, quick and easy access to Ocean & Gulf. Home is built pre-firm. Property connected to central sewer. Electrical and plumbing operating with no issues. The roof and HVAC are in working order but duct work needs to be redone.

Don’t miss out on shaping your coastal dream—vacant at closing.