91 State Road 939 $1,995,000

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    91 State Road 939 Sugarloaf Key, FL 33042

    • 4 Beds
    • 3 Baths
    • 1,533 sq. ft.
    • Multi-Family
    • MLS# 600102
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    Views: 0 Days On Site: 72

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    Property Details

    GREAT INVESTMENT OPPORTUNITY WITH 2 RV SPACES AND 2 SINGLE FAMILY HOMES IN RV ZONING ALLOWING NIGHTLY RENTALS!! Park your own RV in one space and rent the rest out. Go in on it with your RV friends and let the rental income offset the expense of having your own Keys Getaway for family & friends to enjoy. This property is located within the tranquility of the Great White Heron National Wildlife Refuge in prestigious Sugarloaf Key. Bring your vision and create your very own private resort destination with this unique Sugarloaf Key Property. Add a pool, tiki bar, lush tropical landscaping for common outdoor entertaining area, and you will have a Caribbean Hideaway for your family, friends, and guests to frequent year after year. There are 2 RV spaces and 2 homes that can be rented out nightly. One Home offers 2 bedrooms and 2 baths and the other 2 bedrooms and 1 bath, both homes need repairs. Currently working on a letter from the County verifying if homes can be replaced with RV slabs instead for even lower overhead. Additional commercial uses possible for generating income just steps away from the entrance to the Sugarloaf KOA. There is constant overflow traffic to capture without even marketing since KOA books out well in advance. Walking distance to Mangrove Mamas restaurant with great food and entertainment. Rent kayaks at Sugarloaf Marina and explore the pristine backcountry waters of the Lower Florida Keys and the Great White Heron National Wildlife Refuge. Bridge fish on Bow Channel, rent a boat, or charter a local guide only minutes from this location. Several boat launches nearby provide quick access to world renown fishing & diving with deep-water access. Near beautiful nature trails to explore the area on land as well as by water. Sugarloaf Key is located only 15 minutes from Key West, where you will find nightly entertainment throughout the year and a multitude of fabulous restaurants recognized in many national publications.

    • General Features
      • Square Footage 1,533
      • Style Multi-Units
      • As Is Right to Inspect Yes
      • Association Approval Required No
      • Fee Includes None
      • Pets Pets Allowed
      • Subdivision Sugarloaf Townsite (20.0)
      • Rentals Allowed Yes
      • Taxes $2,764
      • Tax Exemptions None
      • Tax Year 2021
      • Terms Seller Finance Psble
      • Deed Restrictions Unknown
    • Building Features
      • Appliances No Appliances
      • Roof Shingle Roof
      • Windows/Doors Single Hung Windows
      • Shutters Panel
    • Property Features
      • Garage/Parking Guest Parking, Off Street Parking, Open Parking, RV Parking Open
      • Pool No
      • Dockage None
      • Side Ocean
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities Buyer to Verify, FKAA, Municipal Sewer
      • Pub Sewer HkUp Yes

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    Neighborhood

    33042 (Sugarloaf Key) Demographics

    55 Median Age
    58 Population Density (per sq. mile)
    49% College Educated
    $86,739 Estimated Median Income
    2,351 Estimated Total Home Owners
    719 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,623 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $862,000 Median Sales Price
    36 Homes Sold
    39 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: $1,995,000
        3/13/2022 1:48:00 PM New in Database Source: Multiple Listing Service New Value: $1,995,000

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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.