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1209 Virginia Street, Key West, FL 33040

$3,800,000
Property Type: Commercial Bedrooms: 12 Baths: 14 Square Footage: 8,229 Lot Size (sq. ft.): 16,167 Status: Closed
Current Price: $3,800,000 List Date: 5/20/2021 Last Modified: 9/09/2024

Overview

Description

Amazing opportunity in the heart of Key West. 9 Total units. Seller Financing Possible! Main building offers 7 units and there are two detached cottages. Investor opportunity! Could be converted back to a stunning single family or sold as individual condos. Originally constructed as a residence by Eduardo H. Gato and later served as the Mercedes Hospital and is listed on the National Register of Historic Places. Property boasts classic Victorian architecture with Cuban influenced breezeways, atrium, balconies, & courtyard. 9 units, separately metered. Property boasts elegant high ceilings, pocket doors, wood trim, huge light filled spaces, and private outdoor space. Garden courtyard space and pool!

Listing Details MLS# 594584

Location, Tax & Legal

Street #
1209
Street Name
Virginia
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Casa Gato (2.0)
County
Monroe
Area
03 - Key West
KW Neighborhood
Old Town-S of Truman
City
KEY WEST
Mile Marker
2
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
0.2 PCT ANNUAL CHANC
Alternate Key #
8792123
Add'l Parcel #1
see agent remarks
Parcel #
00033840-000101
Zoning
HMDR - Historic Medium Density Residential
Legal
9 UNITS-9 LEGALS & 23.8% COMMON ELEMENTS OR1118-1359/1360L/E OR1234-585/86CT(JB) OR1246-1915/18C(CMS)OR12
Taxes
15881.8
Tax Year
2020

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Multi-Family
Style
Residential Income
Lot SqFt
16167
Waterfront
No
Business Name
CASA GATO
Off Street Parking
2
# Stories
2
Total # Buildings
3
Building SqFt
8229
SqFt Source
Property Data Card
Living Apx SqFt
8229
Total Units
9
Year Built
1911
Total Bedrooms
12
Full Baths
12
Half Baths
2
Total Baths
14
Control Depth
0
# Parking Spaces
No

Status Change Info

Sold Date
2021-11-30

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Amazing opportunity in the heart of Key West. 9 Total units. Seller Financing Possible! Main building offers 7 units and there are two detached cottages. Investor opportunity! Could be converted back to a stunning single family or sold as individual condos. Originally constructed as a residence by Eduardo H. Gato and later served as the Mercedes Hospital and is listed on the National Register of Historic Places. Property boasts classic Victorian architecture with Cuban influenced breezeways, atrium, balconies, & courtyard. 9 units, separately metered. Property boasts elegant high ceilings, pocket doors, wood trim, huge light filled spaces, and private outdoor space. Garden courtyard space and pool!
Directions
Off White St to 1209 Virginia St- sign on front

Type

Apartment 3 or more
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Accounts & Meters

# Water Meters
9
# Electric Meters
9

Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Combo
Yes
Tile
Yes
Wood
Yes

Interior Features

Cathedral Ceilings
Yes

Windows/Doors

Other Windows/Doors
Yes
Wood Windows
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Terms

Seller Finance Psble
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Miscellaneous

Fencing
Yes
High Visibility
Yes
Patio
Yes
Pool
Yes
Residence on Premise
Yes
Storage
Yes

Property Features

Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Municipal Sewer Interior Features: Cathedral Ceilings Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: Fencing; High Visibility; Patio; Pool; Residence on Premise; Storage Construction: Frame Floor: Combo; Tile; Wood Land Size: Less Than 1/4 Acre Fee Includes: None Terms: Seller Finance Psble
Listing Office: Bascom Grooms Real Estate (KW)
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.