$2,670,000
Key West, FL 33040
MLS# 591409
Status: Closed
4 beds | 7 baths | 3105 sqft
1 / 27
Property Description
*Unique Investment opportunity in the heart of Duval St.* Property includes a commercial space downstairs with two Transient units above. Each unit has 2BR and 2.5 BA which can be rented as one large 4 BR penthouse or separately as two 2BR/ 2.5 BA units. Front unit has a balcony that overlooks Duval St and rear unit has its own private balcony.There is one covered parking space in the back of property and additional parking for up to two cars. When you step into the Penthouse, you will be swept away by the unique design - a combination of Caribbean charm and historic architecture. The property has been a successful vacation rental for many years. Located in the X flood zone. Rental units offered furnished.
Details
Maps
Documents
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $2,670,000
Listing Date: 2020-06-24
Sold Price: $2,670,000
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: Ocean
Flood Zone: X
Alternate Key #: 1016489
Parcel #: 00016100-000000
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Legal: KW PT LOT 3 SQR 3 TR 4 G58-294/95 OR477-246/47 OR667-877/78 PROBATE DOCKET #82-223 CASE #82-223-CP-12 OR918-2247RS OR921
Taxes: 7467.12
Tax Year: 2019
Street #: 718
Street Name: Duval
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 02 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: 26.17 x 121
Lot SqFt: 3165
Total Units: 3
# Parking Spaces: 1
Off Street Parking: 1
# Stories: 3
SqFt Source: Appraisal
Total # Buildings: 1
Building SqFt: 3803
Style: Commercial
Living Apx SqFt: 3105
Year Built: 1935
Total Bedrooms: 4
Full Baths: 4
Half Baths: 3
Total Baths: 7
Remarks & Misc
Remarks – Consumer: *Unique Investment opportunity in the heart of Duval St.* Property includes a commercial space downstairs with two Transient units above. Each unit has 2BR and 2.5 BA which can be rented as one large 4 BR penthouse or separately as two 2BR/ 2.5 BA units. Front unit has a balcony that overlooks Duval St and rear unit has its own private balcony.There is one covered parking space in the back of property and additional parking for up to two cars. When you step into the Penthouse, you will be swept away by the unique design - a combination of Caribbean charm and historic architecture. The property has been a successful vacation rental for many years. Located in the X flood zone.
Rental units offered furnished.
Directions: US1 to Truman, right on Duval, property is on left hand side. Parking behind building (enter via Dupree Alley).
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 2
# of County License: 2
# of Transient Licns: 2
Type
Other Comrcl Style: 1
Retail: 1
Fee Includes
None: 1
Dockage
None: 1
Accounts & Meters
# Water Meters: 3
Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Property Info
# Kitchens: 2
# Refrigerators: 2
# Range/Ovens: 2
# Washers: 2
# Dryers: 2
# Dishwashers: 2
License Included: 1
2 Bed/Bath: 2
Cooling
Ceiling Fans(s): 1
Central Air: 1
Wall/Window Unit(s): 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Tile: 1
Other: 1
Interior Features
Cathedral Ceilings: 1
Drapes/Blinds Incl: 1
Furnished: 1
Smoke Alarms: 1
Window Treatments: 1
Windows/Doors
French Doors: 1
Glass Doors: 1
Wood Windows: 1
Vehicle Storage
Car(s): 1
Covered Parking: 1
Off Street Parking: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Terms
Buyer Obtain Finance: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Separate Meters: 1
Title
Negotiable: 1
Property Rights
Multi-Use/Commercial: 1
Transient License: 1
Miscellaneous
High Traffc Location: 1
High Visibility: 1
Residence on Premise: 1
Security System: 1
Sprinkler System: 1
Storage: 1
Roof
Metal Roof: 1
Shingle Roof: 1
Auction Info
Auction: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Shutters
Bahama: 1
Status Change Info
Sold Date: 2021-09-14
Sold Price: $2,670,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Property Info: License Included
Type: Other Comrcl Style; Retail
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Covered Parking; Off Street Parking
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer; Separate Meters
Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Furnished; Smoke Alarms; Window Treatments
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Miscellaneous: High Traffc Location; High Visibility; Residence on Premise; Security System; Sprinkler System; Storage
Construction: Frame
Shutters: Bahama
Floor: Tile; Other
Roof: Metal Roof; Shingle Roof
Land Size: Less Than 1/4 Acre
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Negotiable
Property Rights: Multi-Use/Commercial; Transient License
718 Duval St Sketch and Sq Footage 
Listing Office: Bascom Grooms Real Estate (KW)
Last Updated: September - 09 - 2024
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