$3,399,000

75971 Overseas Highway

Lower Matecumbe FL, 33036

Description

Income Property! A successful weekly vacation rental, 'Turtle Nest Estate' has achieved an average gross income of $200,000/year so this property could potentially be self-funding! With booked rentals in place, the buyer will honor all future bookings and leases will be transferred upon sale. In addition to rental income, you can also enjoy your own tropical beachfront paradise in desirable Islamorada near all the most popular diving and fishing spots. Relax on the 150-foot beach, soak in some rays by the pool, or enjoy nearby fine dining, entertainment & local attractions. This luxurious home offers more than 6,000 sf under air, an oceanfront pool with integrated hot tub, a wade-in sandy beach and an observation pier. Two-car garage, elevator, theater room, split plan, guest wing & more!

Details

MLS#580319
StyleHouse
Sub-TypeResale
StatusActive
Year2006
Days On Site483

Features

Bed(s)4
Bath(s) 4 Full, 1 Half
SQ Feet6,065
PoolYes
Story(s)1 Story
Acreage1.31
Water FrontOpen Water
Property ViewYes

Market Activity 33036

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Area Information

StateFL
CountyMonroe
CityLower Matecumbe
Zip Code33036
AreaIslamorada
SubareaOutside of Key West
Community NameMat Ocean Bay (75.0)
Listing VS Median (in Mat Ocean Bay (75.0))
Price:
$3,399,000
low | high
Med:
$2,697,000
70.653133274492% of Average
SqFt:
6,065
low | high
Med:
4,480
76.141797197032% of Average
$ / SqFt:
$560
low | high
Med:
$625
38.497323189287% of Average
On Site:
483
low | high
Med:
339.5
100% of Average
Listing Updated: 09/11/2019