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For Sale

$949,000

93 N Johnson Rd
Sugarloaf Key, FL 33042

Multi-unit opportunity awaits (with room for a pool)! This 3 unit CBS construction complex is located in Sugarloaf Key, only 20 minute drive to Key West or 30 minutes to Marathon. For boaters, 5 minutes to Blimp Road boat launch and you are off to Marvin Key. For parents, 5 minutes to Sugarloaf school. This building was originally built in 1989 and has extensive updates due Irma damage. The new updates include a white metal roof (2019) with cat 5 storm strapping and new trusses, updated cat 5 rated impact resistant windows and doors, fire barriers added in attics between units, and R value spay foam insulation. Owner has information on qualifying for wind mitigation credits. South Unit 97 3 bed / 2 bath, 2,200 sq ft living space, 20 ft ceilings, upstairs loft space,massive bedrooms and huge closets,this unit is 99% finished, needs minor finishing touches.Center Unit 93 2 bed/ 2 bath, 1,200 sq ft living space, 20 ft ceilings, upstairs loft space this unit is 85% finished. Needs last panels of drywall (14 sheets included to finish). Needs finishing touches, ready for cabinets and appliances. Seller has tile for floors.North Unit 95 4 bed / 4 bath, 2800 sq ft living space, this unit is fully framed and ready for electrical and plumbing. Option for in hall air conditioning or ductless. Designed for optional two unit lock outs.Zoning can allow for short term rentals. Buyer to verify.Each unit has it's own private balcony with privacy partitions between the units. Units 95 & 97 have water view from 2nd floor.Building sits on over 39,000* square foot private lot.*Buyer to verify square foot.Units are elevated above flood with enough room for parking underneath and enough room to add storage.*"Sewer tie-in permit 16105160 to be transferred to new owner at closing. Property fully compliant with Cudjoe Regional Waste Project. Buyer to verify. "Call Stephanie Wise to show 305-563-0073. Read More

Market Status
Available
Last Updated
September 23, 2021

Property Type
Multi Family
Property Type
MultiFamily; Triplex

Local Market Conditions

There are currently 25 properties for sale in the Summerland Key, FL area with the average listing price of $1,105,332. This represents a decrease of -4.5% over the previous week. The 2 bedroom homes saw the largest decrease in the average listing price over the previous week with a -28.9% decrease. To learn more about the Summerland Key, FL area, contact a local expert!

Market Snapshot for Summerland Key, FL

Avg. Listing Price

$1,105,332

Wk ending Sep 4

$-51,718

-4.5%

w-o-w

25

1026

540

180

36

18

Average Listing Price for Summerland Key, FL
No. BedroomsNo. Beds Week Ending
(Sep 4)
w-o-w Week Ending
(Aug 28)
Week Ending
(Aug 21)
Week Ending
(Aug 14)
All PropertiesAll $1,105,332 -4.5% $1,157,050 $1,131,332 $1,128,475
1 bedroom1 BR $350,000 +0.0% $350,000 $350,000 $350,000
2 bedrooms2 BR $857,000 -28.9% $1,205,250 $857,000 $857,000
3 bedrooms3 BR $1,348,955 +0.0% $1,348,955 $1,348,955 $1,363,860
4 bedrooms4 BR $2,766,633 -2.4% $2,833,300 $2,024,950 $2,024,950

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Listing Provided By:

Stephanie Wise

Keller Williams - Key West-Lower Keys

Phone
This $949,000 Multi Family at 93 N Johnson Rd in Sugarloaf Key, FL is presented by Stephanie Wise. This $949,000 Multi Family, located in the 33042 zip code, has the following property features: Property Type. This 93 N Johnson Rd Multi Family is listed under MLS listing number 596575 and has a listing price of $949,000. You can find more Sugarloaf Key homes for sale here.

Data Provided by Keller Williams Realty, Inc.

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