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571 8th Street
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PRICED AT ONLY: $1,990,000

Address: 571 8th Street, KEY COLONY, FL 33051

Description

Introducing an exceptional income producing, beautifully renovated FULL duplex in the exclusive Key Colony Beach the crown jewel of the Florida Keys. Located just off the Sadowski Causeway, this barrier island offers an enviable lifestyle with private beaches, breathtaking sunset views at Sunset Park, and premier access to fishing charters, marinas, and a nine hole golf course. Key Colony Beach even has its own post office, making life here both convenient and luxurious.This well maintained full duplex boasts a 75 ft. concrete dock with davits, a sparkling swimming pool, and a tiki hut bar that overlooks a wide, 90+ foot canal. Boating enthusiasts will appreciate the quick access to the ocean or bay through the nearby Vaca Cut channel. Enjoy serene water views from the expansive covered porch of the upper unit, which features 2 bedrooms, 2 bathrooms, and an open concept living space perfect for entertaining.The lower unit is fully renovated, offering a modern white kitchen, 3 spacious bedrooms, 2 bathrooms, and a shaded lanai for outdoor relaxation. The large, fully fenced side yard is ideal for pets or boat trailer storage, with convenient access to the attached garage and ample parking for multiple vehicles.Built with solid concrete construction and topped with a newer metal roof (approx. 3 years old), this property is a true investment gem. Live in one unit and rent out the other, or maximize its potential as a highly sought after vacation rental destination with weekly rental options in the heart of the Middle Keys.This duplex is also eligible to be subdivided into two separate parcels, offering flexible ownership opportunities. With nearby parks, beaches, and a golf course, it's the perfect blend of relaxation and adventure in one of the most desirable locations in the Florida KeysThere are special compliance document requirements for the city of Key colony Beach that relate to environmental issue We will send that on the separate cover.
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  • MLS#: 611843 ( Townhome )
  • Street Address: 571 8th Street
  • Viewed: 14
  • Price: $1,990,000
  • Price sqft: $897
  • Waterfront: Yes
  • Waterfront Type: Canal Front
  • Year Built: 1970
  • Bldg sqft: 2218
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 372
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Features
Building and Construction
  • Absolute Longitude: 81.022031
  • Construction: CBS
  • Exterior Features: Chickee Hut, Storage
  • Floor: Tile
  • Porchbalcony: Open Porch/Balcony, Screened Patio
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage Car S: 4+
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Attached
Eco-Communities
  • Pool Info Heated: No
  • Pool Info: In Ground, Fiberglass
  • Water View: Canal View
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Windowsdoors: Single Hung Windows, Impact Rstnce Window, Sliding Glass Doors
Amenities
  • Neighborhood Feature: Clubhouse, Bike Paths, Beach
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2023
Rental Information
  • Min Rental Days: 7.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 1080489
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage Dock Length: 75
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Dockage: Davits
  • Flood Zone: AE
  • Furnished: Partially
  • Legal Description: BK 9 LT 24 KEY COLONY BEACH FIRST ADDN AMD PLAT PB4-11 SHELTER KEY OR531-482 OR936-699D/C/AFF OR1224-991 OR1280-979M/T O
  • Limitd Reprsntation: No
  • Mile Marker: 53.50
  • Parcel Num: 00075020-000000
  • Side: Ocean
  • Style: Duplex
  • Views: 14
  • Zoning: R-2A - Key Colony Two Family
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin