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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
Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $6,600,000
Listing Date: 2020-07-03
Sold Price: $6,600,000
Location, Tax & Legal
KW Neighborhood: New Town
City: KEY WEST
Mile Marker: 2
Marathon Neighborhood: N/A
Side: N/A
Flood Zone: AE
Alternate Key #: 1068527
Parcel #: 00065660-000000
Zoning: CG - General Commercial
Legal: KW PLAT OF SURVEY OF LANDS ON ISLAND OF KEY WEST MONROE COUNTY FLA PT TR 9 PB3-35 (PARCEL LYING SW'LY OF 13TH ST) OR406-
Taxes: 25928.27
Tax Year: 2019
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
Waterfront: No
Control Depth: 0
Lot Size: 302X198
Lot SqFt: 61420
Total Units: 15
SqFt Source: Tax Records
Building SqFt: 22211
Style: Commercial
Living Apx SqFt: 22211
Year Built: 1972
Half Baths: 16
Total Baths: 16
Remarks & Misc
Remarks – Consumer: 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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
Other/See Remarks: 1
Type
Other Comrcl Style: 1
Retail: 1
Shop/Strip Center: 1
Other Services: 1
Fee Includes
Other: 1
Dockage
None: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Vehicle Storage
Common Parking: 1
Off Street Parking: 1
Construction
CBS: 1
Land Size
1 Less Than 2 Acres: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Miscellaneous
Handicap Access: 1
High Traffc Location: 1
High Visibility: 1
Other Miscellaneous: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2021-06-22
Sold Price: $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

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