$3,100,000
Key West, FL 33040
MLS# 595924
Status: Closed
6 beds | 6 baths | 3916 sqft
1 / 30
Property Description
Prime Investment property downtown Key West in good condition. Currently 6 units total, each mostly renovated. Total of 4 Transient Licensed units and 2 Commercial Units. Main building is two story CBS plus wood frame Cottage on Center St. There is a lease to the Coffee/Sandwich shop on Truman Ave. Also, a completely renovated Restaurant on the corner is partially equipped with a hood and is Vacant and ready for occupancy. There are 3 transient units in the main building; one transient unit on the ground floor plus two units on the 2nd floor each large 2bd/1ba units with Central AC. In addition there is a private transient 1bd/1ba cottage in the rear of the property. Buildings renovated in 2014/15 and sit in an X Flood Zone. Two off street parking spots and nearby street parking
Details
Maps
Contract Information
Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $3,100,000
Listing Date: 2021-05-03
Sold Price: $3,100,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X
Alternate Key #: 1018228
Parcel #: 00017770-000000
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Legal: KW PT LOT 4 SQR 8 TR 4 OR304-10 OR401-724/725 OR525-802/803 OR803-292/293 OR808-420 OR818-2026 CASE #79-834-CA-04 OR1480
Taxes: 12868.48
Tax Year: 2020
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
Control Depth: 0
Lot Size: 40 x 107
Lot SqFt: 4280
Total Units: 6
# Parking Spaces: 2
Off Street Parking: 2
# Stories: 2
Total # Buildings: 2
Building SqFt: 4465
Style: Commercial
Living Apx SqFt: 3916
Year Built: 1963
Total Bedrooms: 6
Full Baths: 4
Half Baths: 2
Total Baths: 6
Remarks & Misc
Remarks – Consumer: Prime Investment property downtown Key West in good condition. Currently 6 units total, each mostly renovated. Total of 4 Transient Licensed units and 2 Commercial Units. Main building is two story CBS plus wood frame Cottage on Center St. There is a lease to the Coffee/Sandwich shop on Truman Ave. Also, a completely renovated Restaurant on the corner is partially equipped with a hood and is Vacant and ready for occupancy. There are 3 transient units in the main building; one transient unit on the ground floor plus two units on the 2nd floor each large 2bd/1ba units with Central AC. In addition there is a private transient 1bd/1ba cottage in the rear of the property. Buildings renovated in 2014/15 and sit in an X Flood Zone. Two off street parking spots and nearby street parking
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Other Services: 1
Fee Includes
Other: 1
Dockage
None: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Construction
Stucco: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2021-11-29
Sold Price: $3,100,000
Status: Closed
Property Features
Type: Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA; Municipal Sewer
Construction: Stucco
Land Size: Less Than 1/4 Acre
Fee Includes: Other
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: September - 09 - 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.