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

$790,000

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 2,240 Lot Size (sq. ft.): 6,000 Status: Closed

Current Price: $790,000 List Date: 11/27/2024 Last Modified: 2/07/2025

Overview

Description

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 ... (Read more)

Listing Details MLS# 612441

Location, Tax & Legal

Street #: 163
Street Name: Jo-Jean
Street Suffix: Way
Key/Island: Key Largo
State/Province: FL
Zip Code: 33070
County: Monroe
Subdivision: Tavernier Harbor (92.0)
Area: 26 - Key Largo S of MM 96.9
Unit #: Duplex
City: Tavernier
Off Shore Island: No
Mile Marker: 92
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE,AE
Alternate Key #: 1590916
Parcel #: 00481710-000000
Zoning: R2 - Residential Duplex
Deed Restrictions: Unknown
Legal: TAVERNIER HARBOR PB2-36 KEY LARGO NE'LY 100' LOT 2 BLK 1 PARCEL B OR559-687 OR643-702 OR649-300C OR684-539 OR890-2049/20
Taxes: 5676.21
Tax Year: 2023
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Duplex
Waterfront: No
Pool: No
Year Built: 1984
Total Units: 2
Lot SqFt: 6000
Lot Sqft Source: Property Data Card
Acres: 0.14
Living Apx SqFt: 2240
SqFt Source: Property Data Card
Total Bedrooms: 6
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 28
Control Depth: 0

Status Change Info

Under Contract Date: 2025-01-08
Sold Date: 2025-02-07

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Building Style

Above Flood: Unknown
Ground Level: Yes

More Information

Remarks & Misc

Remarks – Consumer: 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!
Directions: Take Overseas Hwy South and make a right on Jo-Jean Way. The house is 1/10 mile down the block on the left side.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

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

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes
Electric: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Tile: Yes

Neighborhood Feature

Community Boat Ramp: Yes

Interior Features

Drapes/Blinds Incl: Yes
Granite Counter Top: Yes
Storage: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Impact Rstnce Window: Yes

Vehicle Storage

Guest Parking: Yes
Open Parking: Yes
Off Street Parking: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Unfurnished: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes
FKAA: Yes
Municipal Sewer: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Storage: Yes

Roof

Concrete Roof: Yes

Shutters

Panel: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Guest Parking; Off Street Parking; Open Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Heating: Central; Electric Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl; Granite Counter Top; Storage Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Storage Construction: CBS Shutters: Panel Floor: Tile Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Community Boat Ramp Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Title Ins - Buyer

Documents

Rental History & Insurance Costs ›

Listing Office: RE/MAX All Keys Real Estate

Last Updated: February - 07 - 2025

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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