2 Beds
2 Baths
780 SqFt
2 Beds
2 Baths
780 SqFt
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 780 sqft
Price per Sqft $871
Subdivision Village At Hawks Cay (61.0)
MLS Listing ID 617778
Style Above Flood
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Fees $575/mo
HOA Y/N Yes
Year Built 2000
Annual Tax Amount $5,707
Tax Year 2024
Lot Size 800 Sqft
Acres 0.02
Property Sub-Type Townhouse
Land Area 780
Property Description
• Prime Location: End-unit villa in Hawks Cay Resort, one of the Florida Keys' most sought-after destinations.
• Upgraded Features: Impact windows & doors, metal roof, tile throughout, stainless steel appliances, and granite countertops.
• Turnkey Condition: ready for immediate income generation or personal enjoyment.
• Proven Performance: Comes with an outstanding rental history, making it an ideal short-term rental investment.
• Nightly Rentals Allowed: Flexibility to maximize occupancy and income potential.
Tax Advantages;: Owning a short-term rental property has never been more financially attractive. The recently passed legislation provides powerful tax incentives for STR owners:
• 100% Bonus Depreciation Restored: Investors can immediately expense qualifying assets like appliances, furnishings, and renovations—accelerating deductions and reducing taxable income.
• Permanent 20% Qualified Business Income (QBI) Deduction: Structured as an LLC or S-Corp, owners can deduct up to 20% of qualified rental income annually, boosting long-term profitability.
• 1031 Exchanges Protected: Investors can continue deferring capital gains when swapping properties, preserving portfolio flexibility.
• Enhanced SALT Cap: Raised from $10,000 to $40,000, making high-tax states more attractive for STR investment.
These provisions mean better cash flow, faster growth, and stronger ROI for savvy investors who act now.
Imagine waking up to the serene beauty of the Florida Keys, enjoying resort amenities, and knowing villa is working for you even when you're away.
Location
State FL
County Monroe
Community Spa, Manager On Premises, Fire Hydrant, Bike Paths, Beach, Tennis Court(S), Pool
Area 20 - Duck Key, Coral Key, Conch Key
Zoning DR - Destination Resort District
Direction US-1 to Duck Key Dr. to Hawks Cay Dr. turn left on Marina Villa dr. and take your first left look for unit 5110 (end unit).
Interior
Interior Features Granite Counter Top, Smoke Alarms, Window Treatments
Heating Central
Cooling Central Air, Ceiling Fans(s)
Flooring Tile
Furnishings Negotiable, Furnished
Window Features Impact Rstnce Doors,Impact Rstnce Window
Appliance Freezer, Dryer, Washer, Dishwasher, Microwave, Oven, Stainless Steel Appliance(s), Range, Refrigerator
Exterior
Exterior Feature Sandy Beach
Parking Features Open
Pool In Ground
Community Features Spa, Manager on Premises, Fire Hydrant, Bike Paths, Beach, Tennis Court(s), Pool
Utilities Available Electric Separate Meter, Cable Available, FKAA, Municipal Sewer, Water Separate Meter, Buyer To Verify
Waterfront Description Canal Front, Open Water
Roof Type Metal Roof
Porch Open Porch/Balcony, Deck
Garage No
Building
Architectural Style Above Flood
New Construction No
Others
HOA Fee Include Other,Cable TV,Common Area Mnt,Exterminating
Tax ID 00378381-000245
Security Features Patrolled Area