Interior
- Bathrooms
- 0
- Living area
- 3,794 sq ft
- Flooring
- Ceramic Tile
- Cooling
- Central Air, Ceiling Fans
- Heating
- Central
- Interior features
- Main Living Area Entry Level
Active · Duplex
$680,000
978 Gibraltar Road, Key Largo, FL 33037
- Beds
- —
- Baths
- 0
- Living area
- 3,794 sq ft
- $ / sq ft
- $179/sq ft
- Year built
- 1984
- Lot size
- 5,125 sq ft
- HOA fee
- —
- Annual tax
- $4,605
About this property
This two-story duplex in Winston Park, Key Largo offers 3,794 square feet of finished space designed for ownership and income potential. The dual-unit layout provides flexibility—whether you occupy one side while generating revenue from the other, or lease both units for consistent cash flow. The substantial square footage across two floors delivers versatility for customization and tenant appeal. Well-positioned in an established community, this property combines residential livability with investment fundamentals that support long-term value. cap rate 6.2%
Property location
Get Directions978 Gibraltar Road, Key Largo, FL 33037
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1984
- Stories
- 2
- Lot size
- 5,125 sq ft
- Architectural style
- Two Story, Twin Home, Duplex
- Roof
- Flat, Tile
- Construction
- Block, Other
- Pool
- None
- View
- Garden
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Association fee
- $0
- Pets allowed
- No
- Annual tax
- $4,605
- Subdivision
- WINSTON PARK
- County
- Monroe
- Days on market
- 147
- MLS listing ID
- B26033415
- Listing status
- Active
Virtual tour
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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
$3,825
- Cap rate
- 12.4%
- Net yield
- 12.4%
- Cash-on-cash return
- 24.1%
- Gross yield
- 15.4%
- Mortgage payment
- $3,224/mo
- Down payment
- $170,000
- Loan amount
- $510,000
- Annual NOI
- $84,584
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.