**BEGINNING AUGUST 15TH, THE LARGEST COMMERCIAL UNIT IN THE BUILDING WILL BE AVAILABLE - GREAT OPPORTUNITY FOR AN OWNER/OCCUPIER OR INVESTOR!** A rare investment opportunity to own a residential mixed-use property located in the heart of Old Town Key West PLUS adjacent vacant lot. Property consists of 2 residential units upstairs (2BD/1BA + 1BD/1BA) & 4 commercial units downstairs, each with a 1/2 bath. All commercial tenants have long term leases in place (except the largest unit which will be vacant on 8/15/24). Recently renovated from 2016-2019 building features all hurricane rated impact doors & windows & is located in the X Flood Zone. White Street is the fastest growing corridor in Key West, acting as a border of Old Town & New Town Key West. Within a a short bike ride or walking distance to many of Key Wests popular restaurants, beaches, museums, hotels & B&B's. This investment opportunity is not to be missed! Lots of possibilities - Live in one of the residential units and collect rent on the other 5 units, open your own business in one of the commercial units or rent out all 6 units! *Owner is a licensed Florida Realtor.
MLS# | 605794 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1923 |
Days On Site | 475 |
Listing Provided By | Truman & Co. (KW) | Team Spottswood/Vazquez |
Bed(s) | 3 |
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Bath(s) | 6 Total |
SQ Feet | 6,268 |
Zoning | HNC(1-3) - Hist Nghborhd |
Acreage | 0.19 |
Water Front | None |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | KEY WEST |
Zip Code | 33040 |
Area | 02 Key West |
Community Name | Gwynn Sub (1.0) |
Listing VS Median (in Gwynn Sub (1.0)) | |
Price: $3,025,000 low | high Med: $285,000 SqFt: 6,268 low | high Med: 2,000 $ / SqFt: $483 low | high Med: $143 On Site: 475 low | high Med: 1129.000000 |