27965 Tarpon Terrace, Little Torch Key, FL 33042

$315,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 756 Lot Size (sq. ft.): 4,140 Status: Closed
Current Price: $315,000 List Date: 1/23/2024 Last Modified: 4/08/2026

Description

Attention all investors, this idyllic property offers an excellent income-producing opportunity with nominal liability insurance and property tax costs and an estimated 8% cap rate! This charming and well-maintained Little Torch Key retreat sits on a clean, clear swimming canal! Enjoy excellent paddle boarding, kayaking, and fishing from the convenience of your own back yard. Nestled on a sizable, fenced-in lot, this home boasts a large storage shed for keeping tools and equipment dry and secure, and allows for plenty of open parking and trailer storage. Take advantage of fantastic boating and fishing in the surrounding area with a convenient boat ramp less than a mile away! Inside, the spacious main living area offers high ceilings and loads of natural light. The kitchen comes equipped with ample storage space, new gas range, new microwave, and stainless steel refrigerator. Down the hall, two well-appointed bedrooms and a guest bathroom provide comfortable accommodation for all. A new washer and dryer with additional cabinetry offers added convenience. Located in a peaceful, established neighborhood but just minutes to grocery stores and restaurants in town, this Coral Shores Estates paradise won't last long! Call to schedule a showing today!

More Information MLS# 608320

Contract Information

Current Price: $315,000 Listing Date: 2024-01-23 Listing Board: Marathon/Lower Keys Sold Price: $315,000 As is Rght to Inspct: Yes Species List: Yes

Location Tax Legal

Street #: 27965 Street Name: Tarpon Street Suffix: Terrace Key/Island: Little Torch Key State/Province: FL Zip Code: 33042 County: Monroe Subdivision: Coral Shores Estates (28.0) Area: 10 - Little, Middle, Big Torch Keys

General Property Description

Realtor.COM Type: Residential - Mobile/Manufactured Home Style: Mobile Home Waterfront: Yes Pool: No Year Built: 1986 Lot SqFt: 4140 Lot Sqft Source: Tax Records Acres: 0.1 Living Apx SqFt: 756 SqFt Source: Tax Records Total Bedrooms: 2 Full Baths: 1 Total Baths: 1 Rentals Allowed: With Restrictions

Status Change Info

Sold Date: 2024-08-13 Sold Price: $315,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Building Style

Above Flood: Unknown

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Plugged Canal Front Waterview: Canal View Dockage: None Building Style: Single Wide Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Appliances: Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Shed Construction: Manufactured Pets: Pets Allowed Land Size: Less Than 1/4 Acre Title: Negotiable
Listing Office: Coldwell Banker Schmitt RE Co.
Last Updated: April - 08 - 2026
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