About This Property

Excellent opportunity . The condo is divided in to separate units, each having one bedroom and a bath. The property includes a 25x70 live aboard commercial deep water slip. Minutes from Key West. The area provides many choices for dinning , shopping ,nightlife, golf, beaches and a short ride to the Key West airport.

Property Details

MLS #

B26054604

Status

Active

Property Type

Residential

Sub Type

Stock Cooperative

Year Built

1980

Days on Market

Stories

Pool

Waterfront

Yes

Price / Sq Ft

$138

HOA Fee

$380,000/mo

Est. Insurance

$325/mo

Tax Year

2025

Tax Amount

$46,857

Garage

—

Lot Size

—

MLS Area

Safe Harbour Marina

Subdivision

Safe Harbour Marina

Mortgage Calculator

Down Payment (20%)

$195,000

Principal & Interest$4,930

Property Tax$3,905/mo

HOA Fee$380,000/mo

Insurance$325/mo

Est. Monthly Total $389,160

Interest Rate

Flood Zone & Insurance

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

Investment Analysis

$6,825

Est. Monthly Rent

-943.1%

Cap Rate

-4,715.3%

Cash-on-Cash

$-9,194,876

Net Operating Income

ROI Projections (4% Annual Appreciation)

-23,468%

5-Year ROI

Value: $1,186,237

-46,913%

10-Year ROI

Value: $1,443,238

-70,329%

15-Year ROI

Value: $1,755,920

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

Market Trends

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Avg Price

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Avg Days

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Inventory

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Features

2 Bedrooms
1 Bathrooms
7,080 Sq Ft
Built 1980
Waterfront

Address available upon request

Photo Gallery (22 photos)