Active

163 Jo-Jean Way Unit: Duplex

Key Largo FL, 33070

$825,000


$368.30 per sqft

Active

6 Beds

4 Baths

2,240 sqft

Residential

Built in 1984

Welcome to your slice of paradise in the heart of Tavernier! This income producing, recently renovated CBS duplex offers a rare opportunity in the Florida Keys. Boasting 2,240 SF of legal living space, this solid concrete property includes two bright and spacious 3-bedroom, 2-bathroom units, each with its own private backyard. Enjoy peace of mind with a concrete roof and ample off-street parking for two or more cars per unit.Situated bayside, with a boat ramp right down the street, this property is perfect for boating enthusiasts seeking quick access to the pristine waters of the Keys. Each unit features separate utility meters, and tenants are responsible for their own utilities and cable, making this a low-maintenance investment for the owner. Both units are currently rented on month-to-month leases, offering immediate income potential for savvy investors.Whether you're seeking a stable long-term investment or flexible living arrangements, this property delivers! Choose from multiple options: rent both units for maximum income, live in one and rent the other, or transform the property into a stunning single-family home.This prime location is just minutes from shopping, schools, the hospital, restaurants, and all the laid-back coastal charm the Keys are known for. Don't miss out on this versatile and lucrative investment in paradise!

612441

MLS ID

November 27, 2024

Listed

December 16, 2024

Updated

Map

163 Jo-Jean Way Unit: Duplex
Key Largo FL, 33070

Interior Features

Bedrooms

6


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Drapes/Blinds Incl, Granite Counter Top, Storage, Panel, Impact Rstnce Window


Appliances

Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fans(s)


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

Storage


Roof

Concrete Roof

School Information

School District

No

Other Property Details

Area Name

26 - Key Largo S of MM 96.9


Taxes

$5,676


Tax Frequency

Annually


Days on Market

19


Association Amenities

None


Garage

No


Parking

Open Parking, Off Street Parking, Guest Parking


View

Yes


View Description

No Waterview


County

Monroe


Pool

No


Zoning

R2 - Residential Duplex

Listing History

Date

Event

Price

12/16/2024

Price change

$825,000

-3%

Listed by Aryl Robison with RE/MAX All Keys Real Estate
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 12/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 12/16/2024 at 8:20 PM UTC

 

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