Income-Producing Duplex in Big
1433 Sunset Road Big Pine Key, FL 33043
For Sale
$699,000
CBS duplex with direct boating access and large lot.
Property Size1,924 SF
Price / SF$363.31
Days on Market327
Property Features for 1433 Sunset Road
General Information
Standard status
Active
Size
1,924 SF
Property subtype
Multi-Family
Building Details
Year Built
1968
Listing Agency:
Action Keys Realty of the Lower FL Keys LLC
(305) 304-7680
Listed By:
Cheryl Moses · License #648470
(305) 304-7680
Source:
Xome
Added: Sep 4, 2025
Changed: Jul 10
Last Checked: May 27 at 7:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Action Keys Realty of the Lower FL Keys LLC
Investment Insights
Based on property information with market context.
This income-producing CBS duplex is located in Big Pine Key and features direct access to Bogie Channel, offering boating opportunities. The property includes a large lot with a full seawall. The interior is furnished and well-maintained, presenting an opportunity for rental income or owner-occupancy with supplemental income generation.
Key Highlights
- Income‑producing duplex: Live in one unit and rent the other for extra income.
- Direct boating access to Bogie Channel.
- Large lot with a 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 - CBS duplex with direct boating access and large lot.
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: Income‑producing duplex: Live in one unit and rent the other for extra income.; Direct boating access to Bogie Channel.; Large lot with a full seawall.
