20 Avacado St, Islamorada, FL 33036 — MLS photo

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20 Avacado St, Islamorada, FL 33036

Active · SingleFamilyResidence

$15,950,000

20 Avacado St, Islamorada, FL 33036

Beds
6
Baths
7
Living area
6,680 sq ft
$ / sq ft
$2,388/sq ft
Year built
2005
Lot size
73,190 sq ft
HOA fee
—
Annual tax
—

About this property

BAYSIDE, DEEP WATER, BREATHTAKING GULF VIEWS Welcome to one of Islamorada's premier rare bayside estate properties - a remarkable parcel that stretches from Overseas Highway all the way to the Bay. The home bestows privacy, unobstructed Gulf Views, and a deep-water basin for calm dockage cable of accommodating substantial vessels with immediate access to world class sportfishing waters. The residence includes 6 bedrooms, 7.5 bathrooms and was designed to blend coastal elegance with effortless waterfront living. In addition to the bedrooms, the main home provides a complete gym and office. A separate guest house includes a living room, full kitchen, laundry room, and two bedrooms with ensuite bathrooms. Located in the heart of Islamorada, the home is walkable to several restaurants.

Property location

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20 Avacado St, Islamorada, FL 33036

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
6,680 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2005
Lot size
73,190 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Monroe
MLS listing ID
A11972240
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$59,871

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.1%
Gross yield
4.2%
Mortgage payment
$75,611/mo
Down payment
$3,987,500
Loan amount
$11,962,500
Annual NOI
$188,880

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.