824-826 Duval Street
KEY WEST, Florida FL 33040
Price: $5,250,000
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Listing ID: 587053
Status: Active
Bedrooms: 6 Bed
Total Baths: 6.2 Bath
Full Baths: 6 Bath
Partial Baths: 2 Bath
SqFt: 5,200 Sq Ft
Year Built: 1933

Rare Opportunity to tap into the existing & growing tourism district of Key West Florida. Premium Old Town location on the famous Duval Street, this mixed-use building has 8 units: 6 one bedroom transiently licensed guest rooms & 2 commercial store front spaces. Off street parking lot with a min of 8 spaces from rear lane leads pass the in-ground pool to main electronic entrance of the 6 upstairs residential units. Remotely managed low maintenance vacation rentals allow auto check in for guests. Exceptional net operating income for a 5200sf CBS building located in the X flood zone, property has been converted to condominium units but all are under common ownership.

Primary Features

Half Baths: 2
Subdivision: Old Town - Unlisted (1.0)
Year Built: 1933
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl

Additional

1st Right of Refusal: no
Control Depth: 0
License Info: Other/See Remarks
Miscellaneous: High Traffc Location, High Visibility, Other Miscellaneous, Pool
Number of Transient License: 6
Total Number of Buildings: 1
Total Units: 8
Type 2: Hotel/Motel,Office Buildings,Other Comrcl Style,Professional Service,Restaurant,Retail
Utilities: FKAA, Municipal Sewer

Location Information

Area: 02 - Key West
Key/Island: Key West
KW Neighborhood: Old Town-N of Truman
Mile Marker: 1
Parcel Number: 00017141-000000

Interior Features

Appliances: Other: YES
Cooling/Heating: Central A/C
Interior Features: Laundry Room
Number of Stories: 2
SqFt Source: Property Data Card

Financial Details

Bank Owned: no
Fee Includes: Other
Financial Status: Bank Owned: no
Financial Status: Potential Short Sale: no
For Sale/Lease: For Sale
HOA: no
Potential Short Sale: no

External Features

Construction: CBS
Dockage: None
Flood Zone: x
Land Size: Less Than 1/4 Acre
Lot SqFt: 9500
Number of Parking Spaces: 8
Off Street Parking: yes
Side: right
Style: Commercial
Vehicle Storage: Off Street Parking
Waterfront: no
Waterfront Type: None
Waterview: No Waterview

Zoning Info


Area Info


©2019 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. Listing courtesy of Berkshire Hathaway Knight & Gardner Realty. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated: Sunday, October 20th, 2019 at 12:14:00 AM.

Contact - Listing ID 587053

Will Langley

336 Duval Street
Key West, FL 33040
USA
Phone: 305-394-9020
Fax: 305-296-0946
http://www.keysrealestate.com/

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