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3152 Northside Drive L, Key West, FL 33040

$929,000
Property Type: Commercial Sale Bedrooms: 1 Baths: 4 Square Footage: 2,045 Lot Size (sq. ft.): 2,045 Status: Active
Current Price: $929,000 List Date: 10/23/2025 Last Modified: 10/23/2025

Description

This well-maintained two-story CBS structure offers exceptional investment potential with four (4) tenant-occupied office suites, each privately rented and featuring a private half bath and approximately 364 sq.ft. of space. The first-floor units are individually metered and equipped with separate HVAC systems, while the upstairs suites share electricity and central AC. Renovated in 2019, the building boasts luxury commercial vinyl flooring, upgraded bathrooms, and a kitchenette addition in one of the second-floor suites. Total net leasable area is 2,045 sq.ft. Recent improvements include impact-resistant windows, Hardie board siding, and a new roof. Located in the professional hub of Offices at Northside, this property offers excellent visibility, convenient central access, and low-maintenance ownership. Includes Parking and is centrally located to all your business needs. Agent Remarks: HOA $1,626 per month. Covers exterior insurance and maintenance. At the current list price, a new owner could enjoy a 6.8% cap rate. Please email for P&L reports. 2 units are long term leases. 1 downstairs unit is month to month and one upstairs will be availabe for rent 6.1.2025 (tenant will leave earlier for the right replacement) Please contact Bernice Schafer for more details Show: 24 Hour Notice; Call List Agent; LA Must Accompany

More Information MLS# 616996

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $929,000 Listing Date: 2025-10-10 List Price: $929,000

Location, Tax & Legal

KW Neighborhood: New Town Unit #: L City: KEY WEST Off Shore Island: No Mile Marker: 3 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE Alternate Key #: 8785283 Parcel #: 00065780-000212 Zoning: RO - Residential/Office Legal: UNIT L OFFICES AT NORTHSIDE, A CONDO OR1110-1419 OR1881-73 OR2792-521/22 OR2985-420 Taxes: 4726.53 Tax Year: 2024 Street #: 3152 Street Name: Northside Street Suffix: Drive Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Offices At Northside (3.0) County: Monroe Area: 04 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 0 Lot SqFt: 2045 Total Units: 0 Building SqFt: 2045 Style: Commercial Living Apx SqFt: 2045 Year Built: 1991 Total Bedrooms: 1 Half Baths: 4 Total Baths: 4

Remarks & Misc

Remarks – Consumer: This well-maintained two-story CBS structure offers exceptional investment potential with four (4) tenant-occupied office suites, each privately rented and featuring a private half bath and approximately 364 sq.ft. of space. The first-floor units are individually metered and equipped with separate HVAC systems, while the upstairs suites share electricity and central AC. Renovated in 2019, the building boasts luxury commercial vinyl flooring, upgraded bathrooms, and a kitchenette addition in one of the second-floor suites. Total net leasable area is 2,045 sq.ft. Recent improvements include impact-resistant windows, Hardie board siding, and a new roof. Located in the professional hub of Offices at Northside, this property offers excellent visibility, convenient central access, and low-maintenance ownership. Includes Parking and is centrally located to all your business needs. Agent Remarks: HOA $1,626 per month. Covers exterior insurance and maintenance. At the current list price, a new owner could enjoy a 6.8% cap rate. Please email for P&L reports. 2 units are long term leases. 1 downstairs unit is month to month and one upstairs will be availabe for rent 6.1.2025 (tenant will leave earlier for the right replacement) Please contact Bernice Schafer for more details Show: 24 Hour Notice; Call List Agent; LA Must Accompany

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 1626

Type

Office Buildings: 1 Professional Service: 1

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Common Area Mnt: 1

Dockage

None: 1

Appliances

No Appliances: 1

Cooling

Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Vinyl: 1

Windows/Doors

Impact Rstnce Doors: 1

Vehicle Storage

Guest Parking: 1 Common Parking: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

Buyer to Verify: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Electric: 1 Water: 1

Status Change Info

Status: Active

Property Features

Type: Office Buildings; Professional Service Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Guest Parking Cooling: Central Air Utilities: Buyer to Verify Appliances: No Appliances Construction: CBS Floor: Vinyl Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt Tenant Paid: Electric; Water
Listing Office: Vested Palm Real Estate and Home Services
Last Updated: October - 23 - 2025
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