$1,780,000
Key West, FL 33040
MLS# 109045
Status: Closed
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Property Description
Attractive historic three-story building totaling eight residential income producing apartments. Situated on a huge 12,060 Sq Ft Old Town lot with incredible opportunity for development, as existing 4900 sq ft structure sits on the very front of the lot. The historic building currently includes two 2BD/1BA apartments, four 1BD/1BA apt's and two spacious studio apartments. In wonderful shape, with updated electric, new PVC Plumbing & many new windows, stained glass doors, tall ceiling heights, hardwood floors, 3rd story terrace and an enormous amount of off-street parking (26 spaces). Great income producer as is or plans approved for an additional 2 units & pool. Owner is a licensed Florida Realtor.
Details
Maps
Contract Information
Current Price: $1,780,000
Listing Date: 2008-07-29
Listing Board: Key West Association
Leased Price Monthly: $1,780,000
Range Pricing: No
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Location, Tax & Legal
Street #: 316
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Residential Income
Lot Size: 201 x 60
Lot SqFt: 12060
Waterfront: No
Business Name: N/A
# Parking Spaces: 26
Off Street Parking: Yes
# Stories: 3
Total # Buildings: 1
Building SqFt: 4900
Total Units: 8
Year Built: 1933
Association Info
Mandatory Home Owners Asc: No
License Info
# of City License: 8
# of County License: 8
Vehicle Storage
Car(s): 4+
Financial Status
Potential Short Sale: No
Status Change Info
Under Contract Date: 2009-07-06
Leased Date: 2009-07-08
Leased Price Monthly: $1,780,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: Non Trans Rntl Lic
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: Cistern; FKAA; Municipal Sewer
Miscellaneous: Residence on Premise
Construction: Frame
Electric: Circuit Breakers
Floor: Carpet; Vinyl; Wood; Other
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Title: Negotiable
Tenant Paid: Cable; Electric
Show: Pet on Premises
Listing Office: Truman & Co. (KW)
Last Updated: September - 09 - 2024
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Broker Attribution:
305-587-3407