$1,650,000
Key West, FL 33040
MLS# 595069
Status: Closed
8 beds | 4 baths | 3144 sqft
1 / 30
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
Listing Board: Key West Association
As is Rght to Inspct: Yes
Bank Owned: No
Current Price: $1,650,000
Listing Date: 2021-03-08
Sold Price: $1,650,000
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 1032255
Parcel #: 00031470-000000
Zoning: HMDR - Historic Medium Density Residential
Deed Restrictions: Unknown
Legal: KW G G WATSON SUB I-209 PT LOT 7 SQR 4 TR 13 E1-23 OR368-537/38 OR736-38 OR737-210/11 OR750-417 OR758-365/368 OR803-1597
Taxes: 9203
Tax Year: 2019
Pub Sewer HkUp: Yes
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
Waterfront: No
Control Depth: 0
Lot SqFt: 5000
Pool: No
Total Units: 4
Acres: 0.11
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 28
Style: Multi-Units
Year Built: 1933
Living Apx SqFt: 3144
Total Bedrooms: 8
Full Baths: 4
Total Baths: 4
Remarks & Misc
Remarks – Consumer: 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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Range: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Wall/Window Unit(s): 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Tile: 1
Interior Features
Built-in Cabinets: 1
Split Bedroom: 1
Storage: 1
Building Style
Above Flood: Unknown
Stories: 2 Stories
Windows/Doors
Single Hung Windows: 1
Vehicle Storage
Car(s): 2
Off Street Parking: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Fencing: 1
Fruit Tree(s): 1
Privacy Wall/Fence: 1
Storage: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Status Change Info
Sold Date: 2021-07-07
Sold Price: $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
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
Broker Attribution:
305-395-2360