$1,425,000

119 Long Key Lake Dr Unit 1-3 Long Key, FL 33001

Estimated payment $8,149/month

Total Views 176
4 Beds
4 Baths
1,882 Sq Ft
$757 Price per Sq Ft

Highlights

  • Dock made with concrete
  • Tennis Courts
  • Furnished
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Long Key State Park

About This Home

Discover this charming ground-level triplex nestled in the heart of the Florida Keys. Offering a serene oasis on a tranquil canal this property is perfect for multi-generational living, investment, or vacation rentals. The building features three distinct units --- each with its own kitchen and separate entrance for ultimate privacy. Unit 3 offers a spacious 2-bedroom, 2-bathroom retreat that includes a screened porch with stunning canal views, ideal for lazy days or relaxing evenings, while units 1 & 2 are each a cozy 1-bedroom, 1-bathroom apartment, perfect for guests or tenants.Units 1 & 3 have been fully updated with modern finishes and units 2 & 3 come fully furnished for turnkey convenience. Unit 2 has a newer bathroom and is freshly painted. All units have a brand new mini-split a/c and impact doors and windows. Enjoy shared outdoor laundry, available dockage for boating enthusiasts, and ample space for trailer storage and parking. Situated on a peaceful street directly across from Long Key State Park, this gem combines natural beauty with easy access to outdoor adventures as well as added privacy. Easy access to both the Atlantic and Florida Bay. It is conveniently located between Islamorada and Marathon allowing a quick trip to shopping, restaurants, galleries and more. Long Key island offers biking paths, 3 restaurants, community tennis/pickleball and some of the best kayaking that the Florida Keys has to offer. Don't miss this rare investment opportunity in paradise!

Listing Agent

Melissa Nowell

Ocean Sotheby's International Realty License #3202972 Listed on: 10/28/2025

Ocean Sotheby's International Realty

Co-Listing Agent

Kim Thaler

Ocean Sotheby's International Realty License #679315

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,281

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Home fronts a canal

Interior Spaces

  • 1,882 Sq Ft Home
  • Furnished
  • Canal Views
  • Impact Glass
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Dock made with concrete
  • Tennis Courts
  • Screened Balcony

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00386640-000000

Community Details

Overview

  • No Home Owners Association
  • Long Key Estates Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,281

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Long Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 68.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 8281.32
  • Vehicle Storage: Open Parking, Trailer Storage, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1974
  • Alternate Key Number: 1474771
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Screened P/B
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1882.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Oven, Refrigerator, Dryer
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Additional 300sf of screened porch

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00386640-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Unfurnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,849 $533,155 $318,938 $214,217
2023 $8,849 $823,142 $614,250 $208,892
2022 $7,771 $642,399 $405,563 $236,836
2021 $7,095 $456,678 $253,313 $203,365
2020 $6,597 $400,305 $210,000 $190,305
2019 $5,924 $387,792 $195,000 $192,792
2018 $5,503 $296,077 $192,500 $103,577
2017 $6,265 $377,972 $0 $0
2016 $6,292 $409,687 $0 $0
2015 $5,870 $334,235 $0 $0
2014 $5,558 $299,072 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 For Sale $1,425,000 -- $757 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 None Listed On Document
Warranty Deed $600,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Closed $450,000 New Conventional
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 617062

Florida Keys Board of REALTORS®

APN: 00386640-000000