Waterfront Duplex with Buildable
3836-3848 No Name Road Big Pine Key, FL 33043
3836-3848 No Name Road, Big Pine Key, FL, 33043
$1,099,000
For Sale
$1,099,000
Other - Big Pine, FL
Property Size1,888 SF
Lot Size0.33 Acres
Price / SF$582.10
Days on Market40
Property Features for 3836-3848 No Name Road
General Information
- Property type
- Other
- Property subtype
- Duplex
- Zoning
- OTH - Other Zoning
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 4
- Parking features
- Off Street
- Appliances
- Dryer, Refrigerator
- Standard status
- Active
- APN
- 00297280-000100
- Size
- 1,888 SF
- Lot size
- 0.33 Acres
Utilities
- Cooling system
- Ceiling Fan(s), Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1966
- Roof type
- Metal
- Architectural style
- Other
Listing agency
Engel & Völkers Marathon
(305) 587-3663
Listed by
Saara Victoria Staten
(305) 587-3663
Added: Jun 12 Updated: Jul 15 at 3:04AM Checked: Jul 21 at 9:06AM
MLS# 618393
Copyright © 2026 Engel & Völkers. 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 waterfront offering includes a full duplex and an additional buildable vacant lot. The existing structure features concrete block construction with a metal roof, impact windows and impact doors. The property has 140 feet of direct water frontage and includes approximately 70 feet of concrete dockage, with deep, clean canals.
Located at 3836–3848 No Name Road in Big Pine, Florida (Monroe County), the site totals approximately 14,420 square feet and is listed under “OTH – Other Zoning.”
For buyers seeking waterfront living with income-producing residential space and room to expand on-site, the combination of the duplex and adjacent buildable lot provides a flexible layout for redevelopment or future construction.
Located at 3836–3848 No Name Road in Big Pine, Florida (Monroe County), the site totals approximately 14,420 square feet and is listed under “OTH – Other Zoning.”
For buyers seeking waterfront living with income-producing residential space and room to expand on-site, the combination of the duplex and adjacent buildable lot provides a flexible layout for redevelopment or future construction.
Key Highlights
- 140 ft of direct waterfront frontage on a 14,420 sq ft lot
- Includes a full duplex plus an additional buildable vacant lot
- Concrete dockage with 70 ft of concrete dock
Local 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 | $48.3k | $25.56 |
| − Vacancy | −$3.1k | −$1.63 |
| EGI | $45.2k | $23.93 |
| − OpEx | −$13.6k | −$7.18 |
| NOI | $31.6k | $16.75 |
1,888 SF · lease $25.56/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$451.8K
$395.4K – $527.1K
NOI $31,628 @ 7.0% cap · market cap 2.88%
Second Best
Apartment 5plus
$418.5K
$366.2K – $488.3K
NOI $29,297 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$759.4K
$664.5K – $886.0K
NOI $53,160 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex property offers direct waterfront access plus an additional buildable vacant lot on deep, clean canals.
Where is this duplex located?
The property is located at 3836-3848 No Name Road Big Pine Key, FL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 140 ft of direct waterfront frontage on a 14,420 sq ft lot; Includes a full duplex plus an additional buildable vacant lot; Concrete dockage with 70 ft of concrete dock
