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571 8th Street
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PRICED AT ONLY: $2,100,000

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

Description

Embrace the laid back charm of the Florida Keys with this beautifully renovated full duplex in the highly sought after community of Key Colony Beach. This turnkey property features five bedrooms, four bathrooms, and is licensed for 7 night weekly rentals, making it ideal for both personal use and income generation. Fully updated from top to bottom, each unit boasts modern kitchens with new appliances, renovated bathrooms, impact rated windows and doors, stylish finishes, in unit laundry, and separate electric meters. The upstairs unit features two bedrooms and two bathrooms, accompanied by a covered porch that offers scenic views of the water. The downstairs unit, on the other hand, boasts three bedrooms and two bathrooms, along with a screened in patio perfect for relaxing outdoors. Outside, enjoy 75 feet of waterfront with a concrete seawall, davits, a brand new boat lift, a fish cleaning station, and direct ocean and bay access via nearby Vaca Cut. The expansive lot features a private salt water pool with a newly installed heater/chiller, outdoor shower, tiki hut, spacious outdoor gathering area, fenced yard, one car garage, and ample parking for vehicles, trailers, or even an RV. Just steps from biking/walking paths, Sunset Park, tennis and pickleball courts, a golf course, and popular restaurants, this exceptional property offers versatile potential. Live in one unit and rent out the other, co own with family or friends, or capitalize on the vacation rental investment potential. Don't miss this true Keys gem in one of the most desirable locations in the Middle Keys.

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More Like This
  • MLS#: 616263 ( Townhome )
  • Street Address: 571 8th Street
  • Viewed: 2
  • Price: $2,100,000
  • Price sqft: $900
  • Waterfront: Yes
  • Waterfront Type: Canal Front
  • Year Built: 1970
  • Bldg sqft: 2333
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 6

Description

Embrace the laid back charm of the Florida Keys with this beautifully renovated full duplex in the highly sought after community of Key Colony Beach. This turnkey property features five bedrooms, four bathrooms, and is licensed for 7 night weekly rentals, making it ideal for both personal use and income generation. Fully updated from top to bottom, each unit boasts modern kitchens with new appliances, renovated bathrooms, impact rated windows and doors, stylish finishes, in unit laundry, and separate electric meters. The upstairs unit features two bedrooms and two bathrooms, accompanied by a covered porch that offers scenic views of the water. The downstairs unit, on the other hand, boasts three bedrooms and two bathrooms, along with a screened in patio perfect for relaxing outdoors. Outside, enjoy 75 feet of waterfront with a concrete seawall, davits, a brand new boat lift, a fish cleaning station, and direct ocean and bay access via nearby Vaca Cut. The expansive lot features a private salt water pool with a newly installed heater/chiller, outdoor shower, tiki hut, spacious outdoor gathering area, fenced yard, one car garage, and ample parking for vehicles, trailers, or even an RV. Just steps from biking/walking paths, Sunset Park, tennis and pickleball courts, a golf course, and popular restaurants, this exceptional property offers versatile potential. Live in one unit and rent out the other, co own with family or friends, or capitalize on the vacation rental investment potential. Don't miss this true Keys gem in one of the most desirable locations in the Middle Keys.
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Features
Building and Construction
  • Absolute Longitude: 81.022031
  • Construction: CBS
  • Exterior Features: Chickee Hut, Outdoor Shower, Lighting, Fencing
  • Porchbalcony: Open Porch/Balcony, Deck, Screened Patio
  • Sqft Source: Property Data Card
  • Total Number Of Units: 0.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Garage, RV Parking Open, Trailer Storage, Off Street Parking, Guest Parking, Open Parking, Detached
Eco-Communities
  • Off Shore Island: No
  • Pool Info Heated: Yes
  • Pool Info: In Ground
  • Water View: Canal View
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Heating: Forced Air
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: Buyer to Verify
  • Windowsdoors: Impact Rstnce Window, Impact Rstnce Doors
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 7.00
  • Rentals Allowed: With Restrictions
Other Features
  • Alternate Key Num: 1080489
  • Appliances: Washer, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage Dock Length: 75
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Dockage: Davits, Boat Lift
  • Flood Zone: AE
  • Furnished: Negotiable
  • 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
  • Species List: No
  • Style: Duplex
  • Zoning: R-2A - Key Colony Two Family
Nearby Subdivisions
Cay Condo (53.5)   Key Colony Bch 1st Addn Amd Pl   Key Colony Bch Club (53.5)   Key Colony Bch Yacht (53.5)   Key Colony Beach (53.5)   Key Colony Beach Botel (53.5)   Key Colony Point (53.5)   Marina Sub (54.0)   Misc Key Colony Bch (53.5)  
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