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$6,600,000
900 Kennedy Drive
Key West, FL 33040
MLS# 591571
Status: Closed
16 baths  |  22211 sqft


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Property Description
Kennedy Plaza is one of the less than five community shopping centers on the island of Key West. The shopping center is centrally located on the main local business thoroughfare, Kennedy Drive, convenient to local shops and a majority of the local Key West athletic fields and complexes. Variety of 15 Commercial Tenants, ample parking, approximately ~22,211sf finished on a 1.41 acre parcel. Large mixed use shopping centers in Key West are rarely offered for sale because of their better than average occupancy rates, limited competition and captive shopping audience. The shopping center is perfect for a long term investor or a 1031 exchange. Please do not disturb Tenants.

Details
Maps
Contract Information
Current Price: $6,600,000
Listing Date: 2020-07-03
Listing Board: Key West Association
Leased Price Monthly: $6,600,000
Limited Representation: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 900
Street Name: Kennedy
Street Suffix: Drive
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: New Town - Unlisted (2.0)
County: Monroe
Area: 03 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 302X198
Lot SqFt: 61420
Waterfront: No
Building SqFt: 22211
SqFt Source: Tax Records
Living Apx SqFt: 22211
Total Units: 15
Year Built: 1972
Half Baths: 16
Total Baths: 16
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2021-06-01
Leased Date: 2021-06-22
Leased Price Monthly: $6,600,000
Status: Closed
Property Features
License Info: Other/See Remarks
Type: Other Comrcl Style; Retail; Shop/Strip Center; Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Common Parking; Off Street Parking
Utilities: FKAA; Municipal Sewer
Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Other Miscellaneous
Construction: CBS
Land Size: 1 Less Than 2 Acres
Fee Includes: Other

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

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.