225 Dogwood Lane $4,500,000

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    225 Dogwood Lane Upper Matecumbe Key Islamorada, FL 33036

    • 5 Beds
    • 6 Baths
    • 4,239 sq. ft.
    • Multi-Family
    • MLS# 600734
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    Views: 6 Days On Site: 111

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    Property Details

    Successful 5 STAR Coin Laundry with Three (((3))) Excellent Rental Units in the heart of the Florida Keys. Centrally located on a large Corner Lot with 20 Designated Off-Street Parking Spots, and 100' US Highway Way 1 Frontage. This Well-Established Business has Store Combo Property Rights and is within walking distance to Islamorada's restaurants and brewery. A Full Service Wash, Dry & Fold Laundry includes Self-Service Wash & Dry with express coin operated washers and dryers of all sizes. Service also includes commercial accounts with designated machines for commercial quality service to some of the largest resorts and restaurants in the Florida Keys. Commercial offerings include linens and work uniforms to; Hotels, Restaurants, Clubs, and Schools. Self-Service customers put the machines to work and enjoy; High-speed internet, Spacious air-conditioned & comfortable indoor lounge, outdoor patio seating, Cable TV and, Concessions. This Sale also includes Three Apartments above the Seafoam Laundry; Two (1) Bedroom apartments, perfect for employee housing and, one Large 2-story, 3 bedroom, 3 bathroom apartment with a Master bedroom on the top floor, Central AC and, much more. Price Includes Business and Real Estate. Good numbers and great cash flow. Financials Available with Confidentiality Agreement.

    • General Features
      • Acreage 0.38
      • Square Footage 4,239
      • Style Multi-Units
      • As Is Right to Inspect Yes
      • Fee Includes None
      • Key Island Upper Matecumbe Key Islamorada
      • Off Shore Island No
      • Pets Pets Allowed
      • Potential Short Sale No
      • Bank Owned No
      • Subdivision Strattons (82.5)
      • Rentals Allowed With Restrictions
      • Taxes $18,475
      • Tax Exemptions None
      • Tax Year 2021
      • Deed Restrictions Unknown
      • License Info Non Trans Rntl Lic
    • Building Features
      • Accessibility Feat Accessible, Parking
      • Appliances Dishwasher, Oven, Refrigerator
      • Building Style Other Bldg Style
      • Construction CBS
      • Cooling Heating Central A/C
      • Floor Other Floors, Tile Floor, Wood Floor
      • Furnished Unfurnished
      • Handicap Access Yes
      • Interior Features Built-in Cabinets, Lobby, Security System, Smoke Alarms, Walk-in Closet
      • Porch/Balcony Open Porch/Balcony
      • Roof Metal Roof
      • Stories 3 Stories
      • Windows/Doors Other Windows/Doors
      • Shutters Accordion
    • Property Features
      • Garage Spaces 4+
      • Garage/Parking Off Street Parking
      • Pool No
      • Dockage None
      • Security Other Security
      • Side Ocean
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities Elect Separate Meter, FKAA
      • Pub Sewer HkUp Yes
      • Zoning HC - Highway Commercial

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    Neighborhood

    33036 (Upper Matecumbe Key Islamorada) Demographics

    56 Median Age
    60 Population Density (per sq. mile)
    53% College Educated
    $75,439 Estimated Median Income
    1,286 Estimated Total Home Owners
    306 Estimated Total Renters
    81% / 19% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,264 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $2,290,000 Median Sales Price
    13 Homes Sold
    17 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,500,000
        4/26/2022 1:34:00 PM New in Database Source: Multiple Listing Service New Value: $4,500,000

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        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2022 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.