240 Kings Cove Road $1,225,000

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    240 Kings Cove Road Little Torch Key, FL 33042

    Contingent/Show
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    • 7 Beds
    • 5 Baths
    • 2,444 sq. ft.
    • Single-Family
    • MLS# 594053
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    Views: 9 Days On Site: 195

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    Property Details

    Description Tours Print

    Kings Paradise, a 4-cottage, very private property located on 10.5 acres oceanside on the tranquil waters of Newfound Harbor & Torch Channel (mm 28). An ideal vacation, potential rental, family compound or corporate retreat, this truly unique and expansive property is priced to sell with FL Keys investment/recreational opportunities. A kayakers, snorkeling, lobstering & wildlife watchers delight, property features include: large custom heated swimming pool, volley ball court, observation deck, walk-around decking connecting all four cottages and the central common outdoor entertaining areas. Charming cottages for family use, monthly & long term rental income or corporate use, common laundry facilities, pier to open water, gated entranceway, large garage and workshop.

    • General Features
      • Acreage 10.5
      • Square Footage 2,444
      • As Is Right to Inspect Yes
      • Fee Includes None
      • Deed Restrictions Unknown
      • Key Island Little Torch Key
      • Subdivision Misc Little Torch KE (28.0)
      • Off Shore Island No
      • Pets Pets Allowed
      • Rentals Allowed Yes
      • Taxes $3,691
      • Tax Exemptions None
      • Tax Year 2019
    • Building Features
      • Appliances Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Stainless Steel Appl, Washer
      • Cooling/Heating Ceiling Fans, Central A/C, Heat
      • Interior Features Granite Counter Top, Smoke Alarms, Walk-in Closet, Window Treatments
      • Green Interior Features Low Flow Toilets, Tankless Hot Wtr Htr
      • Construction Frame
      • Flooring Marble, Other Floors, Tile Floor
      • Furnished Furniture Negotiable
      • Porch/Balcony Deck, Open Porch/Balcony
      • Roofing Other Roof
      • Shutters Panel
      • Windows/Doors Aluminum Windows, Sliding Glass Doors
      • Handicap Access No
    • Room Features
      • Specialty Rooms Laundry Room, Utility Room
    • Property Features
      • Exterior Features Built-in Grill, Detached Guest Qtrs, Gutters, Landscape Lighting, Storage
      • Dockage Other Dockage
      • Garage Spaces 4+
      • Garage/Parking Garage, Off Street Parking, Open Parking, RV Parking Open
      • Pool Yes
      • Pool Heated Yes
      • Pool Info Concrete, Decked
      • Pre-Wired Satellite
      • Security Electric Gate
      • Side Ocean
      • Water View Ocean View, Open Water View
      • Waterfront Property Yes
      • Waterfront Type Bay Front, Open Water
      • Utilities Buyer to Verify, Other - See Remarks, Septic Tank
      • Pub Sewer HkUp No
      • Zoning SR - Sub Urban Residential District

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    Neighborhood

    33042 (Little Torch Key) Demographics

    51 Median Age
    263 Population Density (per sq. mile)
    48% College Educated
    $80,013 Estimated Median Income
    2,182 Estimated Total Home Owners
    691 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    6,707 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $672,000 Median Sales Price
    30 Homes Sold
    23 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: $1,225,000
        7/23/2021 7:48:25 AM Status Changed Source: Multiple Listing Service New Value: Contingent/Show
        7/17/2021 9:18:29 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/3/2021 12:18:24 PM Status Changed Source: Multiple Listing Service New Value: Contingent/Show
        4/20/2021 2:23:22 PM Price Increased Source: Multiple Listing Service New Value: $1,225,000 2.94%
        4/20/2021 12:23:23 PM Price Reduced Source: Multiple Listing Service New Value: $1,190,000 -20.4%
        1/9/2021 11:24:00 AM New in Database Source: Multiple Listing Service New Value: $1,495,000

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        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        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 2021 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.