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For more information on this property, contact Will Langley at 305-394-9020 or will@keysrealestate.com

824-826 Duval Street
KEY WEST, Florida FL 33040
Sold For: $5,800,000
Listing ID 587053
Status Closed
Bedrooms 6
Full Baths 6
Total Baths 8
Partial Baths 2
SqFt 5,200
Year Built 1933

Property Description:

Strong Investment Opportunity in place with a proven track record, 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

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

Interior

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

External

Construction: CBS
Control Depth: 0
Dockage: None
Flood Zone: x
Land Size: Less Than 1/4 Acre
Lot Size: 9500
Lot SqFt: 9500
Number of Parking Spaces: 8
Off Street Parking: yes
Side: right
Style: Commercial
Total Number of Buildings: 1
Total Units: 8
Vehicle Storage: Off Street Parking
Waterfront: no
Waterfront Type: None
Waterview: No Waterview

Location

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

Additional

Days On Market: 835
Miscellaneous: High Traffc Location, Pool, Other Miscellaneous, High Visibility
Type 2: Hotel/Motel,Retail,Restaurant,Professional Service,Other Comrcl Style,Office Buildings
Utilities: FKAA, Municipal Sewer

Financial

1st Right of Refusal: no
Bank Owned: no
Fee Includes: Other
Financial Status: Bank Owned: no
Financial Status: Potential Short Sale: no
For Sale/Lease: For Sale
HOA: no
License Info: Other/See Remarks
Number of Transient License: 6
Potential Short Sale: no

Zoning Info


Area Info


©2024 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. 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but not guaranteed. Data last updated: Thursday, April 18th, 2024 at 02:57:09 PM.

Contact - Listing ID 587053

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Will Langley

336 DUVAL ST
KEY WEST, FL 33040-6510
United States
Phone: 305-394-9020
Fax: 305-296-0946
http://www.keysrealestate.com/

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