For sale Residential

Listed Oct 8, 2026

$469,000 Est. $3,102/mo

5405 3rd Avenue

  • 3

    Beds

  • 3

    Baths

  • 1,312

    Sq ft

The story

STOCK ISLAND INVESTMENT OPPORTUNITY - Rare opportunity to own an income-producing property in highly sought-after Stock Island, just minutes from downtown Key West. The existing trailer is being offered primarily as an investment and future development opportunity. The property currently generates approximately $4,500 per month in rental income, providing immediate cash flow while you plan for the future. NO HOA! The vision is simple: collect the income today, let the property pay for itself over time, and capitalize on the continued growth and development of Stock Island by building something new down the road. A great opportunity for an investor who understands the value of owning property in Stock Island and wants to get positioned for the area's continued growth.

Facts & features

Home type

Residential

Year built

1985

Price per sq ft

$357

Mortgage calculator

Estimated monthly payment

$3,102 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,496
  • Property tax $469
  • Insurance $137

Includes principal, interest, taxes & insurance.

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Listing Broker

Coldwell Banker Schmitt Lower Keys (KW)

Broker Name

Coldwell Banker Schmitt Lower Keys (KW)

Agent

Anneliese Dietrick