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28550 Channel View, FL 33042

$19,000,000

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http://www.propertypanorama.com/instaview/mia/A10249452

Property Type: Residential Income Status: Closed

Current Price: $19,000,000 List Date: 3/29/2017 Last Modified: 12/23/2025

Description

Little Torch Cottages is the newest Class AAA rental community in the LowerKeys. The property features 48 two-bedroom townhome units that average1,081 square feet. The property features 400 feet of open water views on PineChannel, and fourteen, 22-foot boat slips. The property is 95.8% occupied withtwelve month leases. The zoning allows for short term leases with minimum 7day stays.

More Information MLS# A10249452

Contract Information

Comp Sale YN: No Listing Date: 2017-03-29 Status: Closed Original List Price: 19000000 Sold Price: $19,000,000 Current Price: $19,000,000

Location and Legal

County Or Parish: Monroe County Parish Name: Monroe Municipal Code: 29 Postal Zip: 33042 Geographic Area: Other Country: United States Street Number: 28550 Street Name: Channel Street Suffix: View State Or Province: FL Postal Code: 33042 Subdivision Name: BARRY BEACH Area: 5940 - Other Florida County Parcel Number: 00214970000000 Zoning: UR Directions: Located near mile marker 28 on US 1, turn north at US 1 and Barry Avenue,the property will be 50 yards on right hand side. The property is located on Little Torch KeyIsland, the next island from Big Pine Key and 27 miles from Key West.

General Property Information

Number Of Units Total: 1 Parking Total: 107 Water Frontage Feet: 400 Stories Total: 3 Pool Private YN: Yes Property Sub Type: Duplex Year Built: 2014 Waterfront YN: 1

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2017-07-29T01:10:51Z Major Change Type: Status Change Status Change Date: 2017-08-03 Under Contract Date: 2017-06-09 Close Date: 2017-07-28 Close Price: 19000000

Flooring

Tile: 1 Vinyl: 1

Property Condition

New Construction: 1

Documents Available

Financial Statement: 1 Rent Rolls: 1

Structure Type

Duplex: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

Heating

Central: 1 Separate Meters: 1

Water Access

Ocean Access: 1

Construction Materials

Frame: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

In Ground: 1

Roof

Metal: 1

Waterfront Features

Bayfront: 1 Canal Front: 1 Ocean Front: 1

Income and Expenses

Gross Income: 2649

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Deeded Dock: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Tax Information

City/County: 1 Tax Reflects No Exemptions: 1

Contingencies

None: 1

Buyer Details

Intended Use: Investment Buyer State: Florida Zip Code: 33409

Concessions

Seller Concessions: No

Unit 1 Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Unit 1 Details

Actual Rent: 2649 Baths Full: 2 Baths Half: 1 Beds Total: 2 Efficiency YN: No Furnished: Unfurnished SqFt: 1081

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 1 Other Equipment

Smoke Detector(s): 1

Unit 1 Parking Details

Carport YN: Yes

Section Details

Parcel Number MLX: 1

Financial Information

Tax Annual Amount: 119969 Tax Year: 2016 Tax Legal Description: BARRY BEACH PB 2-127 LITTLE TORCH KEY LOT 2 AND 3 AND BAY BOTTOM E OF AND ADJ PT LOT 6 OR252-380/81 OR1167-869/70/TR OR1275-301/02PET OR1275

Originating Details

Originating System Key: 251679828 Originating System ID: M00000151

Property Features

Documents Available: Financial Statement; Rent Rolls Flooring: Tile; Vinyl Property Condition: New Construction Structure Type: Duplex Boat and Dock Features: Deeded Dock Construction Materials: Frame Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Pool Features: In Ground Possession: Negotiable Roof: Metal Sewer: Public Sewer Tax Information: City/County; Tax Reflects No Exemptions Utilities: Cable Available Water Access: Ocean Access Waterfront Features: Bayfront; Canal Front; Ocean Front Showing Requirements: Appointment Only; Call Listing Agent Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Smoke Detector(s) Contingencies: None

Listing Office: Cushman & Wakefield of Florida

Last Updated: December - 23 - 2025

28550 Channel View, FL 33042- MLS# A10249452

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