136 Aregood Ln

Plantation Key, FL 33036
List Price
$795,000
136 Aregood Ln
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Mollie Dawson
Mollie Dawson
Savvy STR Agent

About This Property

Island Opportunity is knocking! Enjoy your own Islamorada vacation home...with the option to generate excellent rental income when you're not using it. Set in a private, peaceful oceanfront community of just 10 townhomes, you'll have a beach, pool and your own slip for boat up to 30'. Spend the day on the water, relax by the pool or head up to the rooftop deck for ocean breezes & a peekaboo water view. There are four balconies - so you can enjoy some shade at any time of day. Although this seller never rented, the home is eligible for a coveted weekly rental license, giving a new owner the flexibility to enjoy it personally while also taking advantage of the strong Keys vacation rental market. The 2 bedroom, 2.5 bath townhome has a comfortable layout, with a private bath for each bedroom, a half bath on the main living level, and *straight interior* stairs rather than a spiral staircase. It's also refreshingly low maintenance, with concrete construction, a concrete roof, impact windows and doors, and an HOA that takes care of the grounds. Because this is a townhome rather than a condo, owners choose how much insurance to carry, and current insurance costs are surprisingly low. It's even in an X flood zone, so no flood insurance is required. Covered parking and an entry from underneath the home are two more practical touches that make coming and going easy, rain or shine. Trailer/boat storage is allowed under the home. The location works just as well by water as it does by land, with fantastic fishing and diving just steps from home and a great Old Highway location close to Founders Park, restaurants and everything you come to Islamorada to enjoy. Breezy and relaxed when you're here, with the ability to generate income when you're not. It's a rare and excellent combination.. good for your heart and your wallet.

Family-friendly
Adventure
Beach
Pool
Boat Dock

Property Details

2
Bedrooms
3
Bathrooms
1,152
Square Feet
1991
Year Built
2052.00 ac
Lot Size
Townhouse
Property Type
$750/mo
HOA Fee

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ADR
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Savvy Recommended Upgrades

Roof Top Design

Est. $7,500

Your Agent

Mollie Dawson

Mollie Dawson

STR Investment Specialist

The Florida Keys, FL

0
Deals Closed
4
Years Experience

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Listing agent: Christy Hughes. Listing courtesy of Coldwell Banker Schmitt Islamorada. Information deemed reliable but not guaranteed.

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