A rare investment opportunity to own a residential mixed-use property located in the heart of Old Town Key West. 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. 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.
- Price:
- $3,985,000
- Bedrooms:
- 3
- Full Baths:
- 2
- Half Baths:
- 4
- Square Footage:
- 6,268
- Acreage:
- 0.12
- Year Built:
- 1923
- Listing ID #:
- 603281
- Street Address:
- 1200-1206 White St
- City:
- Key West
- State:
- Florida
- Postal Code:
- 33040
- County:
- Monroe
- Community:
- 02 - Key West
- Subdivision:
- Gwynn Sub (1.0)
- Listing Status:
- Active
- Listing Type:
- Multi-family
- Approximate Total Liveable Area:
- 6268.00
- Building Condition:
- Updated/Remodeled
- Construction Description:
- Combo Construction
- Doors And Windows:
- Aluminum Windows, Glass Doors, Impact Rstnce Doors, Impact Rstnce Window
- Flooring:
- Laminate, Tile
- Number Of Units:
- 6.00
- Square Footage Source:
- Property Data Card
- Stories:
- 2 Stories
- Style:
- Multi-Units
- Type Of Roof:
- Combo Roof, Other Roof
- Year Built:
- 1923
- Conforms To Zoning:
- Hnc(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
- Federal Flood Zone:
- X Flood Zone
- Lot Size:
- Less Than 1/4 Acre
- Lot Square Footage:
- 5442.00
- Days On Market:
- 58
- Minimum Lease Term:
- 30.00
- Terms:
- No Seller Finance
- Property Taxes:
- $11,978
- Tax Year:
- 2021
- Appliances:
- Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Heating And Air:
- Central Air
- Utilities:
- Buyer To Verify, Elect Separate Meter, Fkaa, Municipal Sewer, Water Separate Meter
- Water View Description:
- No Waterview
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Truman & Co. (kw)