$1,650,000
Key West, FL 33040
MLS# 595069
Status: Closed
8 beds | 4 baths | 3144 sqft
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Property Description
Investor Alert! Great opportunity to own a well maintained 4 unit building in Old Town with Off Street Parking, plenty of backyard for a pool or entertaining friends and family. Property is also located in the X Flood Zone providing low flood insurance costs! All 4 units are 2 Bedrooms/1 Baths, have open floor plans with lots of windows allowing for plenty of natural light. Current rental income is below market, available upon request and can likely be increased.The 2-story building sits on a 5,000 sq. ft. lot in the heart of Old Town and has 3,100 sq. ft. of total living space. Located only a few blocks to Duval Street, the beaches, wonderful restaurants and many more of Key West attractions! Seller is motivated and says bring offers! 24 Hour notice required to show.
Details
Maps
Contract Information
Current Price: $1,650,000
Listing Date: 2021-03-08
Listing Board: Key West Association
Leased Price Monthly: $1,650,000
As is Rght to Inspct: Yes
Bank Owned: No
Location, Tax & Legal
Street #: 1128
Street Name: Packer
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: GG Watson Sub (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1933
Total Units: 4
Lot SqFt: 5000
Acres: 0.11
Living Apx SqFt: 3144
SqFt Source: Property Data Card
Total Bedrooms: 8
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
# Stories: 2 Stories
Vehicle Storage
Car(s): 2
Financial Status
Bank Owned: No
Status Change Info
Under Contract Date: 2021-04-27
Leased Date: 2021-07-07
Leased Price Monthly: $1,650,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Split Bedroom; Storage
Appliances: Range; Refrigerator
Exterior Features: Fencing; Fruit Tree(s); Privacy Wall/Fence; Storage
Construction: Frame
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable
Listing Office: Truman & Co. (KW)
Last Updated: August - 24 - 2024
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Broker Attribution:
305-395-2360