$855,000
For Sale

149 Orchid Street

Plantation Key, FL 33070
3 beds | 2.00 baths | #611597
Browse 35 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Multi family, LEGAL duplex for sale in residential, Islamorada neighborhood. The first unit is a cozy 1 bedroom, 1 bath with a loft for storage, high ceilings and a private fenced yard.The second unit is a 2 bedroom, 1 bath. Unit 2 has cathedral tongue-in groove wood ceilings and stone wall details. It contains contemporary LED lighting and skylights to let natural light flow in. It has its own private fenced yard and a designated laundry room.Both units have been updated and received a new metal roof in 2019.Each unit has its own electric meter, making separate rentals a breeze. Unit 1 has had a stable, reliable tenant for 20 years. Unit 2 is currently vacant.This is a lucrative, stable long-term investment with multiple configurations: 1.Rent both units for maximum income.2.Owner can occupy one side while renting out the other. 3.Reconfigure the property as a single-family home.Super location! Close to shopping, schools, hospital, restaurants and boating.

  • Property Details
      • SubdivisionPlant Tropical Park (91.0)
      • Property TypePurchase
      • MLS #611597
      • Cost855000
      • MLS #611597
      • Bathrooms2.00
      • Year Built1981
      • Bedrooms3
      • Property SubtypeA

Location

Paul TejeraReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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