CBS Duplex with Direct Channel
1433 Sunset Road Big Pine Key, FL 33043
For Sale
$699,000
MULTI_FAMILY - Big Pine Key, FL
Property Size1,924 SF
Lot Size0.18 Acres
Price / SF$363.31
Days on Market323
Property Features for 1433 Sunset Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
ISD - Improved Sup Duplex
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 3
Window features
Aluminum Frames
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
Sun/Florida Room
Exterior features
Storage
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave
Standard status
Active
APN
00313400-000100
Size
1,924 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
TROPICAL BAY-SECOND ADDN BIG PINE KEY PB5-73 PT TRACT C OR458-437-438 OR487-84 OR672-550 OR1347-1475 OR2504-1118 OR3068
Tax Annual Amount
5748
Utilities
Utilities
Cable Available
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water front
1
Building Details
Year built
1968
Floors in Building
1
Flooring type
Tile, Terrazzo
Building materials
CBS
Roof type
Tar/Gravel
Additional Structures
Storage
Listing Agency:
Action Keys Realty of the Lower FL Keys LLC
(305) 745-1323
Listed By:
Cheryl Moses · License #648470
(305) 304-7680
Added: Sep 8, 2025
Changed: Jul 24
Last Checked: Jul 27 at 4:06PM
MLS# 616469
Copyright © 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit CBS duplex is offered as a simple, ready-to-use setup with interior described as “cute and tidy.” The property is fully furnished, making it straightforward to rent or to occupy one side while using the other unit for additional income. A large lot supports water-related improvements, including a full seawall.
Located in Big Pine Key, Florida (Monroe County), the duplex sits at 1433 Sunset Road. The listing notes direct boating access to Bogie Channel, which is a key practical feature for owners or tenants who want water access as part of their daily routine.
From a tenant and owner-occupant perspective, the duplex layout supports flexible living and occupancy. A buyer looking to minimize onboarding can benefit from the furnished condition, while the two separate units can accommodate a scenario where one unit is lived in and the other is rented. The combination of waterfront-oriented attributes (including direct channel access and full seawall) and a manageable duplex configuration may appeal to households or investors seeking a compact residential income property tied to boating access.
Located in Big Pine Key, Florida (Monroe County), the duplex sits at 1433 Sunset Road. The listing notes direct boating access to Bogie Channel, which is a key practical feature for owners or tenants who want water access as part of their daily routine.
From a tenant and owner-occupant perspective, the duplex layout supports flexible living and occupancy. A buyer looking to minimize onboarding can benefit from the furnished condition, while the two separate units can accommodate a scenario where one unit is lived in and the other is rented. The combination of waterfront-oriented attributes (including direct channel access and full seawall) and a manageable duplex configuration may appeal to households or investors seeking a compact residential income property tied to boating access.
Key Highlights
- CBS duplex built in 1968 with fully furnished interiors
- Direct boating access to Bogie Channel
- Large lot with full seawall
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.2k | $25.56 |
| − Vacancy | −$3.1k | −$1.63 |
| EGI | $46.0k | $23.93 |
| − OpEx | −$13.8k | −$7.18 |
| NOI | $32.2k | $16.75 |
1,924 SF · lease $25.56/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$460.4K
$402.9K – $537.2K
NOI $32,231 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$426.5K
$373.2K – $497.6K
NOI $29,856 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$773.9K
$677.2K – $902.9K
NOI $54,174 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Fully furnished two-unit duplex on a large lot with full seawall and direct boating access to Bogie Channel.
Where is this duplex located?
The property is located at 1433 Sunset Road Big Pine Key, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: CBS duplex built in 1968 with fully furnished interiors; Direct boating access to Bogie Channel; Large lot with full seawall
