305-609-4190
23057 Bluegill Lane, FL 33042
Active Single Family Residence Waterfront

Address available upon request

FL, 33042

$1,349,000

Est. $6,821/mo (20% down)

3
Beds
2
Baths
1,270
Sq Ft
1997
Year Built
Lot Sq Ft
1
Garage

Photo Gallery (38 photos)

About This Property

Look no further--this exceptional property truly has it all. This beautifully maintained CBS home boasts open-water views and is situated on an oversized lot on an extra-wide, deep canal, great for bigger boats, and just three houses in from the end. You'll be up on plane in seconds, with unparalleled boating access to both the Atlantic and Gulf. Ideally located closest to the premier backcountry of the Lower Florida Keys, this is the perfect property for the fishing and diving enthusiasts and still only 20 minutes to Key West. Built by Tom Ryan Construction, this solid CBS 3-bedroom 2-bath home is almost 1,300 square feet, and has a spacious, open feel, created by the thoughtful layout and vaulted ceilings in the main living area. The kitchen features granite countertops, a convenient breakfast bar, and a dedicated dining area, making it ideal for both everyday island living and entertaining. The primary suite has a walk in closet and french doors leading out to the porch, while the second bedroom has a pocket door creating another convenient ensuite for guests. Most days you'll enjoy outdoor dining or cocktails and the relaxed island life from the covered, screened porch overlooking the canal with open water views of Kemp Channel. The views continue into the primary suite and kitchen, offering a beautiful waterfront backdrop throughout the home. The lower enclosure provides plenty of space for a vehicle, workshop, and storage. Two 500-gallon cisterns provide ample water for maintaining the lush tropical landscaping. The solid concrete step down seawall features davits each with a 5,500 lift capacity. This property is the ideal location to be able to spend a stellar day on the water, then head to Key West to one of the many fabulous restaurants for dinner, and finish the evening listening to live music or take in a show at one of our unique boutique theaters. You can have it all.

Property Details

MLS #

B26062448

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1997

Days on Market

3

Stories

2

Pool

No

Waterfront

Yes

Price / Sq Ft

$1,062

HOA Fee

None

Est. Insurance

$450/mo

Tax Year

2025

Tax Amount

$3,138

Garage

1 Car

Lot Size

MLS Area

Cudjoe Ocean Shores Amd Se

Subdivision

CUDJOE OCEAN SHORES AMD SE

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$9,443
Est. Monthly Rent
1.5%
Cap Rate
7.3%
Cash-on-Cash
$19,789
Net Operating Income

ROI Projections (4% Annual Appreciation)

145%
5-Year ROI
Value: $1,641,265
313%
10-Year ROI
Value: $1,996,850
510%
15-Year ROI
Value: $2,429,473

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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