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305 Whitehead Street, Key West, FL 33040

$1,750,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,676 Lot Size (sq. ft.): 3,120 Status: Closed
Current Price: $1,750,000 List Date: 6/07/2022 Last Modified: 8/26/2024

Overview

Description

This is an exceptional property in a great Old Town Key West location with OWNER FINANCING possible. Three legal, separately metered units, in a 1676 square foot building located in the Historic Residential/Office zoning district (HRO). The building can be used for either residential, offices, or be mixed use. The front two units (downstairs and upstairs) are currently used as a combined space with the original historic interior staircase and much of the original trim-work. The building is designated as an historic structure originally built by Bradish W. (Hog) Johnson, Master Wrecker 1846-1914 and owner of Key West Wrecking Company, from ships' timbers salvaged from the reefs off of Key West. For residential use an on-street parking permit can be purchased from the City for approximately $80/year to use in metered parking areas in front of the building. For office use the City requires one reserved parking space for every 300 square feet of building used for offices to be locate ...

Listing Details MLS# 600869

Location, Tax & Legal

Street #
305
Street Name
Whitehead
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Old Town - Unrecord (1.0)
Area
01 - Key West
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Off Shore Island
No
Mile Marker
1
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
AE,0.2 PCT ANNUAL CH
Alternate Key #
1004707
Handicap Access
Yes
Parcel #
00004520-000000
Zoning
HRO - Historic Residential/Office
Deed Restrictions
Unknown
Legal
KW PT LOT 3 SQR 25 OR87-76-77 OR781-854/59 PROB77-272 OR825-1104/09 OR825-1110 OR825-1117 OR868-506 OR1000-2489 OR2738-1
Taxes
7291.52
Tax Year
2021
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association
As is Rght to Inspct
Yes
Species List
No

General Property Description

Realtor.COM Type
Multi-family
Style
Single Family
Waterfront
No
Pool
No
Year Built
1938
Total Units
3
Lot SqFt
3120
Acres
0.07
Living Apx SqFt
1676
SqFt Source
Tax Records
Total Bedrooms
3
Full Baths
3
Total Baths
3
Rentals Allowed
With Restrictions
Min Rental Days
30
Control Depth
0

Status Change Info

Sold Date
2022-06-29

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

License Info

Transient Rntl Licns
No

More Information

Building Style

Above Flood
Unknown

Financial Status

Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
This is an exceptional property in a great Old Town Key West location with OWNER FINANCING possible. Three legal, separately metered units, in a 1676 square foot building located in the Historic Residential/Office zoning district (HRO). The building can be used for either residential, offices, or be mixed use. The front two units (downstairs and upstairs) are currently used as a combined space with the original historic interior staircase and much of the original trim-work. The building is designated as an historic structure originally built by Bradish W. (Hog) Johnson, Master Wrecker 1846-1914 and owner of Key West Wrecking Company, from ships' timbers salvaged from the reefs off of Key West. For residential use an on-street parking permit can be purchased from the City for approximately $80/year to use in metered parking areas in front of the building. For office use the City requires one reserved parking space for every 300 square feet of building used for offices to be located within 500 feet of the building. The building has been completely renovated and updated for its current use as offices in the front of the building (downstairs and upstairs units) and a separate rear centrally air conditioned one bedroom apartment with a private rear yard and deck. All new interior wiring and exterior meter bases. New plumbing lines, water heaters, and modern fixtures throughout. Also recently installed code compliant roofs, shutters, windows and doors. The main levels of the building are ADA compliant with bricked walkways and ramps incorporated into a nicely landscaped yard. A Letter of Map Amendment (LOMA) was obtained from the National Flood Insurance Program (NFIP) classifying the building as being in the equivalent of an X-Zone for flood insurance purposes.
Directions
Located on Whitehead Street diagonally across from Truman Annex Presidential Gates between Eaton and Caroline Streets.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Heat
Yes
Heat Pump
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Wood
Yes

Property Condition

Updated/Remodeled
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Partially
Yes

Terms

Seller Finance Psble
Yes

Utilities

Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes
Water Separate Meter
Yes

Pre-Wired

Cable
Yes

Accessibility Feat

Accessible
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Furnished: Partially Cooling: Heat; Heat Pump Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Pre-Wired: Cable Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer Accessibility Feat: Accessible Construction: Frame Floor: Wood Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Seller Finance Psble
Listing Office: Preferred Properties (KW)
Last Updated: August - 26 - 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.