Apartments Governors Lodge Assoc Con

$ 399,000
  • 1 bed
  • 1 bath
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Details
    • Listed on:
      May 01, 2026
    • Days on Market:
      -
    • Maintenance:
      n/a
    • Taxes:
      $ 2,629 per year
    • Year:
      1963
    • Furniture:
      -
    • Floor Description:
      Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Other View
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Other
  • Exterior Features:
    • Other
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
The Best Value in Key Biscayne—your island paradise awaits. Priced at just $399,000, this is the lowest-priced condo on the Key and one of the rare opportunities where short-term rentals are permitted (5-day minimum, no association approval required). Ideal for investors, a pied-à-terre, weekend escape, guest suite, or income-producing rental. Located just one block from the beach via a public path next to the Key Biscayne Beach Club, this light-filled 1BD/1BA residence offers 590 SF of easy living. Features include Saltillo tile floors, a sleek galley kitchen with new appliances, dedicated dining area, open living space, and a versatile sunken sunroom/den with added storage. Freshly painted and move-in ready, the unit is bright, airy, and surrounded by multi-million-dollar homes and condos—delivering exceptional value with upside potential. One assigned parking space (#35). Low HOA at $681/month with no special assessments. Pet-friendly building with a community pool. Governor’s Lodge, a classic 1963 Key Biscayne residence, stands as one of the island’s enduring originals—timeless, charming, and low-maintenance. Enjoy as-is or renovate to your vision.
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