218 Whitehead Street, Key West, FL 33040
$3,000,000
Property Type:
Commercial
Bedrooms:
3
Baths:
5
Square Footage:
7,462
Lot Size (sq. ft.):
6,878
Status:
Closed
Current Price:
$3,000,000
List Date:
5/21/2021
Last Modified:
9/09/2024
Description
First time offering of this Triple Net investment building after 32 years of ownership. Fully leased and in good condition. Current Tenant mix is 6 commercial spaces (#5 & #6 are combined) and one 3bd 2ba apartment. ADA access to spaces on 1st floor. Built above flood in the Mallory Square area of Old Town Key West. Adjacent to Mel Fisher Museum and across the street from Audobon House, Custom House and Mallory Square. Duval Loop Stop, Conch Train route and all tourist transportation pass by this location multiple times a day. Do not enter any of the businesses without Listing Agent. If financials are desired, CA is attached. Fill out and return.
More Information MLS# 596184
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: $3,000,000
Listing Date: 2021-05-20
Sold Price: $3,000,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 8732511
Parcel #: 00001630000700
Zoning: HPRD - Hist Planned Redevelopment & Dev Dist
Legal: KW PT SQR 16 OR1005-78/128Q/C OR1017-367/368 OR1079-285/288 OR1152-1022/1023Q/C OR2408-1587/89C
Taxes: 23534.12
Tax Year: 2020
Street #: 218
Street Name: Whitehead
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: irregular
Lot SqFt: 6878
Total Units: 8
# Stories: 2
Building Ht. Ft.: 20
SqFt Source: Property Data Card
Total # Buildings: 1
Building SqFt: 7755
Style: Commercial
Living Apx SqFt: 7462
Year Built: 1942
Total Bedrooms: 3
Full Baths: 1
Half Baths: 4
Total Baths: 5
Remarks & Misc
Remarks – Consumer: First time offering of this Triple Net investment building after 32 years of ownership. Fully leased and in good condition. Current Tenant mix is 6 commercial spaces (#5 & #6 are combined) and one 3bd 2ba apartment. ADA access to spaces on 1st floor. Built above flood in the Mallory Square area of Old Town Key West. Adjacent to Mel Fisher Museum and across the street from Audobon House, Custom House and Mallory Square. Duval Loop Stop, Conch Train route and all tourist transportation pass by this location multiple times a day. Do not enter any of the businesses without Listing Agent. If financials are desired, CA is attached. Fill out and return.
Directions: At the Whitehead and Greene St. intersection
Deed Restrictions
No: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Bar: 1
Grocery/Convenience: 1
Professional Service: 1
Restaurant: 1
Retail: 1
Shop/Strip Center: 1
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Common Area Mnt: 1
Sewer: 1
Water: 1
Dockage
None: 1
Appliances
Range: 1
Refrigerator: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Waterfront
None: 1
Electric
220 Volt: 1
Circuit Breakers: 1
Waterview
No Waterview: 1
Floor
Concrete: 1
Tile: 1
Interior Features
Cathedral Ceilings: 1
Windows/Doors
Glass Doors: 1
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Construction
CBS: 1
Concrete: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Separate Meters: 1
Title
Negotiable: 1
Miscellaneous
Handicap Access: 1
High Traffc Location: 1
High Visibility: 1
Residence on Premise: 1
Roof
Combo Roof: 1
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Tenant Paid
Cable: 1
Electric: 1
Sewer: 1
Taxes: 1
Water: 1
Status Change Info
Sold Date: 2021-09-14
Sold Price: $3,000,000
Status: Closed
Property Features
Deed Restrictions: No
Type: Bar; Grocery/Convenience; Professional Service; Restaurant; Retail; Shop/Strip Center
Waterfront: None
Waterview: No Waterview
Dockage: None
Cooling: Central Air; Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer; Separate Meters
Interior Features: Cathedral Ceilings
Appliances: Range; Refrigerator
Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Residence on Premise
Construction: CBS; Concrete
Electric: 220 Volt; Circuit Breakers
Floor: Concrete; Tile
Roof: Combo Roof; Metal Roof
Land Size: Less Than 1/4 Acre
Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Sewer; Water
Title: Negotiable
Tenant Paid: Cable; Electric; Sewer; Taxes; Water
Documents
First floor footprint ›
Listing Office:
Old Town Realty
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.