Waterfront Duplex with Income Potential in Big Pine Key! Live the Florida Keys lifestyle while your investment works for you. Welcome to 31032 & 31034 Hollerich Drive, a beautifully maintained waterfront duplex offering the perfect combination of island living and exceptional income potential. Located on a peaceful canal just steps from the Big Pine Community Park, this unique property features two spacious 2-bedroom, 1-bath residences, each with its own private entrance, private outdoor shower, and thoughtfully updated interior. Both units showcase bright, open floor plans with updated kitchens featuring stainless steel appliances, and ample cabinetry, along with renovated bathrooms, comfortable living areas, and spacious bedrooms. Whether you're searching for a primary residence, vacation home, or investment property, this duplex offers endless possibilities. Step outside and enjoy the laid-back Keys lifestyle with tropical landscaping, expansive gravel parking with room for boats and trailers, a detached storage building, and a relaxing canal-front setting perfect for enjoying the ocean breeze. Spend your mornings with a cup of coffee by the water, launch your next boating adventure, or simply unwind in your own tropical oasis.
This versatile property is ideal for:
-Living in one unit while renting the other
-Generating income by leasing both units
-Creating a family compound or multigenerational retreat
-Seasonal or long-term rental opportunities
Conveniently located near the Big Pine Community Park, shopping, dining, world-class boating, fishing, and all the natural beauty the Lower Florida Keys have to offer, this property truly has it all. Whether you're looking to invest, retire, or embrace the island lifestyle full-time, this rare waterfront duplex offers flexibility, charm, and endless possibilities. Own your piece of paradise while letting your investment help pay for it!
For sale
$899,000
31032 Hollerich Dr, Big Pine Key, FL 33043
4beds
1,460sqft
Duplex
Built in 1963
-- sqft lot
$-- Zestimate®
$616/sqft
$-- HOA
What's special
Waterfront duplexPeaceful canalDetached storage buildingPrivate entrancePrivate outdoor showerRenovated bathroomsSpacious bedrooms
- 52 days
- 287
- 16
Zillow last checked:
Listing updated:
Listed by:
Jaime M Caballero 305-797-5252,
Key West Vacation Properties & Realty, LLC (KW),
Alexandria Caballero 305-393-9077,
Key West Vacation Properties & Realty, LLC (KW)
Source: FLKMLS,MLS#: 620607
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Wall/Window Unit(s), Ceiling Fans(s), Ductless
Appliances
- Included: Washer, Dryer, Dishwasher, Range, Microwave, Stainless Steel Appliance(s)
Features
- Flooring: Vinyl, Laminate
Interior area
- Total structure area: 1,460
- Total interior livable area: 1,460 sqft
Video & virtual tour
Property
Features
- Levels: Ground Level
- Patio & porch: Deck, Patio
- Exterior features: Outdoor Shower, Storage
Lot
- Size: 5,227 Square Feet
- Dimensions: 60 X 90
Details
- Parcel number: 00285250000000
- Zoning: IS - Improved Subivision District
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- CBS
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Utilities & green energy
- Utilities for property: Water Separate Meter, Elect Separate Meter
Community & HOA
Community
- Subdivision: Hollerich Sub (31.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Big Pine Key
Financial & listing details
- Price per square foot: $616/sqft
- Tax assessed value: $474,227
- Annual tax amount: $4,216
- Date on market: 7/12/2026
- Listing terms: No Seller Finance,Cash,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
$3,667/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2026 | Listed for sale | $899,000$616/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,007 +9.5% | $296,924 +7.4% |
| 2023 | $3,658 +6.7% | $276,582 +7.2% |
| 2022 | $3,429 +4.9% | $257,896 +7.1% |
| 2021 | $3,268 +0.5% | $240,720 +1.2% |
| 2020 | $3,250 | $237,884 +13.4% |
| 2019 | $3,250 +14% | $209,800 +6.9% |
| 2018 | $2,851 -1.3% | $196,337 -13.6% |
| 2017 | $2,889 -6.5% | $227,273 +8.1% |
| 2016 | $3,089 +3% | $210,228 +7.6% |
| 2015 | $3,000 | $195,403 |
Find assessor info on the county website
Monthly payment
Est. payment




