1 Bowen Drive, Key Largo, FL 33037 (MLS# 557476)

1 Bowen Drive, Key Largo, FL 33037

$720,000

Property Type: Commercial Sale Bedrooms: 8 Baths: 8.2 Square Footage: 4,412 Lot Size (sq. ft.): 5,475 Status: Closed

Current Price: $720,000 List Date: 1/14/2013 Last Modified: 9/10/2024

Overview

Description

10% RETURN off the asking price with 100% occupancy. 4412 sq ft CBS, long time tenants, Prefema rental income investment. The units are well kept and hooked up to the central sewer system. Eight 1BR/1BA apartments and 2 store fronts, both with half bath. Great signage and homeowner's park.

Listing Details MLS# 557476

Location, Tax & Legal

Street #: Yes
Street Name: Bowen
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Subdivision: Bowens Addn Riviera Village (105.0)
County: Monroe
Area: 27 - Key Largo MM 97-107
City: KEY LARGO
Off Shore Island: No
Mile Marker: 105
Side: Bay/Gulf
Flood Zone: X
Alternate Key #: 1632376
Parcel #: 00513060-000000
Zoning: SC - Sub Urban Commercial District
Legal: BK 14 LT 1 BOWENS ADDN TO RIVIERA VILLAGE-KEY LARGO PB2-107 OR368-894/95 OR776-596 OR1611-1523 OR1971-2254Q/C(CMS)
Taxes: 4066
Tax Year: 2011

Contract Information

Listing Board: Florida Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 5475
Waterfront: No
Business Name: 1 Bowen LLC
Total # Buildings: Yes
Building SqFt: 4412
SqFt Source: Tax Records
Living Apx SqFt: 4412
Year Built: 1959
Total Bedrooms: 8
Full Baths: 8
Half Baths: 2
Total Baths: 8.2

Status Change Info

Under Contract Date: 2013-12-03
Sold Date: 2013-12-03

License Info

# of County License: Yes

Association Info

Mandatory Home Owners Asc: No

More Information

Property Info

# Kitchens: 8
# Refrigerators: 8
# Range/Ovens: 8
1 Bed/Bath: 8

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: 10% RETURN off the asking price with 100% occupancy. 4412 sq ft CBS, long time tenants, Prefema rental income investment. The units are well kept and hooked up to the central sewer system. Eight 1BR/1BA apartments and 2 store fronts, both with half bath. Great signage and homeowner's park.
Directions: Great location bayside across from the Key Largo Elementary/Middle School.

Type

Apartment 3 or more: Yes
Office Buildings: Yes
Shop/Strip Center: Yes

Fee Includes

Sewer: Yes

Dockage

None: Yes

Accounts & Meters

# Sewer Accounts: Yes
# Water Meters: Yes
# Electric Meters: Yes

Appliances

Range: Yes
Refrigerator: Yes

Cooling

Wall/Window Unit(s): Yes

Waterfront

None: Yes

Electric

Circuit Breakers: Yes

Waterview

No Waterview: Yes

Floor

Combo: Yes

Interior Features

Drapes/Blinds Incl: Yes

Windows/Doors

Aluminum Windows: Yes

Vehicle Storage

Common Parking: Yes
Off Street Parking: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Terms

Seller Finance Psble: Yes

Utilities

Municipal Sewer: Yes

Title

Title Ins - Buyer: Yes

Miscellaneous

Handicap Access: Yes
High Traffc Location: Yes
High Visibility: Yes
Highway Frontage: Yes
Residence on Premise: Yes

Roof

Other Roof: Yes

Tenant Paid

Electric: Yes
Water: Yes

Property Features

Type: Apartment 3 or more; Office Buildings; Shop/Strip Center Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Off Street Parking Cooling: Wall/Window Unit(s) Utilities: Municipal Sewer Interior Features: Drapes/Blinds Incl Appliances: Range; Refrigerator Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Residence on Premise Construction: CBS Electric: Circuit Breakers Floor: Combo Roof: Other Roof Land Size: Less Than 1/4 Acre Fee Includes: Sewer Terms: Seller Finance Psble Title: Title Ins - Buyer Tenant Paid: Electric; Water

Listing Office: Freewheeler Realty, Inc.

Last Updated: September - 10 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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