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
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!
More Information MLS# 594584
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $3,800,000
Listing Date: 2021-02-08
Sold Price: $3,800,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Multi-Family
Waterfront: No
Control Depth: 0
Lot Size: 100x161.67
Lot SqFt: 16167
Business Name: CASA GATO
Total Units: 9
# Parking Spaces: 0
Off Street Parking: 2
# Stories: 2
SqFt Source: Property Data Card
Total # Buildings: 3
Building SqFt: 8229
Style: Residential Income
Living Apx SqFt: 8229
Year Built: 1911
Total Bedrooms: 12
Full Baths: 12
Half Baths: 2
Total Baths: 14
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
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Apartment 3 or more: 1
Fee Includes
None: 1
Dockage
None: 1
Accounts & Meters
# Water Meters: 9
# Electric Meters: 9
Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Combo: 1
Tile: 1
Wood: 1
Interior Features
Cathedral Ceilings: 1
Windows/Doors
Other Windows/Doors: 1
Wood Windows: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Terms
Seller Finance Psble: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Miscellaneous
Fencing: 1
High Visibility: 1
Patio: 1
Pool: 1
Residence on Premise: 1
Storage: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2021-11-30
Sold Price: $3,800,000
Status: Closed
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.