Property Features
- Status: Active
- Category: For Sale
- Type: Condominium
- Subdivision Name: CORAL KEY CONDO
- Bedrooms: 2
- Bathrooms: 1
- Half Baths: 0
- Living Square Feet: 912 sq ft
- Lot Size Square Feet: 0 sq ft
- Pets Allowed: Restrictions Or Possible Restrictions
- Association Y/N: Yes
- Association Fee: $365
- Tax Year: 2024
- Tax Annual Amount: $4,173
- Original List Price: $219,000
- DOM: 1
- MLS ID: A11706910
Description
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Description:
INVESTOR'S DREAM! Come see this rare opportunity to own a spacious 2-bed, 1 bath unit on the 1st floor in the Community of Coral Key. This unit currently has a long-term, timely paying renter who just signed a new lease for $1,900/m through December 2025.
**Monthly Net income = $1,190 (after expenses paid) - Cap rate = 6.5%**
This is a first-floor unit with a beautiful golf course view. Inside, there is tile flooring throughout along with upgraded kitchen. The Coral Key community features a club house with pool and gym along with a plethora of parking for guests. Low condo fees, which include the water and the ability to rent the unit immediately round out this great opportunity. With the desirable location and price point of this unit, it will not stay on the market for long.
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Building Details
- Building Area Total: 912 sq ft
- Parking Features: 2 Or More Spaces, Assigned, Guest
- Security Features: Other
- View: Golf View
- Carport Spaces: 0
- Building Name: CORAL KEY CONDO
- Covered Spaces: 0
- Construction Materials: CBS Construction
- Garage Spaces: 0
- Entry Level: 1
Rooms
- Room Bedroom Features: Other
Amenities & Features
- View Y/N: Yes
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Exterior Features: On Golf Course, Tennis Court(s)
- Cooling Y/N: Yes
- Cooling: Electric
- Interior Features: First Floor Entry
- Heating: Electric
- Flooring: Ceramic Floor