$1,800,000
Key West, FL 33040
MLS# 119417
Status: Closed
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Property Description
Rare find in Old Town! Mixed-Use Property. Main Building has completed construction of major renovation inside & outside. 4 transient licensed units total, 3 in main building & one in cottage. Main 2 story building has 3 transient licensed units (2 2bd/1ba.apartments & 1 efficiency). One vacant commercial rental space on Truman Ave. Plus Profitable Laundromat Business which is included in sale. Second Building is on Center St. and is a one transient licensed, wood frame cottage (1bd/1ba).Property is in X Flood Zone.Great money-making opportunity to own a vacation rental property with income from a high-demand laundry business. Visible corner location on Truman Ave. between Duval and Simonton St. Surrounded by several Old Town Attractions
Details
Maps
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
For Sale/Lease: For Sale
Current Price: $1,800,000
Listing Date: 2014-02-20
Sold Price: $1,800,000
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Mile Marker: 0
Side: Median
Alternate Key #: 1018228
Bldg Nbr: 0
Taxes: 8506
Tax Year: 2014
Street #: 517
Street Name: Truman
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot SqFt: 4280
Business Name: Old Town Laundry
# Parking Spaces: 0
# Stories: 0
Building Ht. Ft.: 0
Total # Buildings: 0
Building SqFt: 4460
Style: Commercial
Year Built: 1963
Remarks & Misc
Remarks – Consumer: Rare find in Old Town! Mixed-Use Property. Main Building has completed construction of major renovation inside & outside. 4 transient licensed units total, 3 in main building & one in cottage. Main 2 story building has 3 transient licensed units (2 2bd/1ba.apartments & 1 efficiency). One vacant commercial rental space on Truman Ave. Plus Profitable Laundromat Business which is included in sale. Second Building is on Center St. and is a one transient licensed, wood frame cottage (1bd/1ba).Property is in X Flood Zone.Great money-making opportunity to own a vacation rental property with income from a high-demand laundry business. Visible corner location on Truman Ave. between Duval and Simonton St. Surrounded by several Old Town Attractions
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
License Info
# of Transient Licns: 2
Non Trans Rntl Lic: 1
Dockage
None: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Construction
Stucco: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Property Rights
Transient License: 1
Financial Status
Potential Short Sale: No
Status Change Info
Sold Date: 2015-05-05
Sold Price: $1,800,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: Non Trans Rntl Lic
Dockage: None
Utilities: FKAA; Municipal Sewer
Construction: Stucco
Land Size: Less Than 1/4 Acre
Property Rights: Transient License
Listing Office: RE/MAX KEYS CONNECTION
Last Updated: September - 09 - 2024
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