$1,860,000
Key West, FL 33040
MLS# 595032
Status: Closed
5 beds | 3 baths | 2860 sqft
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Property Description
MAJOR OPPORTUNITY ALERT! Very rare legal triplex with lots of Old World charm and perfectly sited on two of the most coveted blocks in the Historic District. The main home, built in 1908, is located at 918 Fleming Street and the expansive lot runs all the way to the adjacent block where the charming guest cottage, 919 Hibiscus Lane, is located with plenty of off street parking. Enter the front gate on Fleming Street and step inside to the 2,260sf duplex. There are endless possibilities here, one could renovate back to a grand single-family home or update each unit to be rented out. The downstairs consists of 2 bedrooms, 1 bathroom, living room, and kitchen. Upstairs unit has 2 bedrooms, 1 bathroom, large kitchen, living room and it's own private wraparound porch.
Details
Maps
Contract Information
Current Price: $1,860,000
Listing Date: 2021-03-08
Listing Board: Key West Association
Leased Price Monthly: $1,860,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 918
Street Name: Fleming
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-family
Style: Single Family
Waterfront: No
Pool: No
Year Built: 1908
Total Units: 3
Lot SqFt: 6941
Living Apx SqFt: 2860
SqFt Source: Tax Records
Total Bedrooms: 5
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 30
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 3
Building Style
Above Flood: Unknown
Vehicle Storage
Car(s): 2
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Status Change Info
Under Contract Date: 2021-04-09
Leased Date: 2021-06-16
Leased Price Monthly: $1,860,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Fixer Upper
Building Style: Conch
Vehicle Storage: Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Sewer Available; Water Separate Meter
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Construction: Frame
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths; Fire Hydrant; Tennis Courts
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable
Supplements
The exterior has plenty of space for entertaining, outdoor dining, and lounging with room to add a swimming pool. 919 Hibiscus Lane has 1 bedroom, 1 bathroom, kitchen and living room. This is a great investment property or potential vacation getaway. Priced well below the appraised value, the homes are not in mint condition and will need to be renovated. There is plenty of opportunity to create a stunning Key West family compound offering complete privacy while remaining close to the island's best restaurants, coffee shops, galleries, and attractions on the island!
Listing Office: Truman & Co. (KW)
Last Updated: August - 26 - 2024
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