Curtis Barlow - Coldwell Banker
75971 Overseas Highway
Lower Matecumbe, FL 33036

Description

Income Property! A successful weekly vacation rental, 'Turtle Nest Estate' is a long established rental property which has achieved $1,029,585 in gross rental income over the past 5 years (2013 to 2017). With an average annual gross income of $205,917, this property could potentially be self-funding! Plus you also get to enjoy your own tropical beachfront paradise on the ocean 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 Site205

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
Community NameMat Ocean Bay (75.0)
Listing VS Median (in Mat Ocean Bay (75.0))
Price:
$3,399,000
low | high
Med:
$2,647,500
72.109443954104% of Average
SqFt:
6,065
low | high
Med:
2,916
100% of Average
$ / SqFt:
$560
low | high
Med:
$907
11.891123038597% of Average
On Site:
205
low | high
Med:
333.5
61.469265367316% of Average
Listing Updated: 12/13/2018