316 Elizabeth Street, Key West, FL 33040
$1,780,000
Property Type:
Commercial
Lot Size (sq. ft.):
12,060
Status:
Closed
Current Price:
$1,780,000
List Date:
7/30/2008
Last Modified:
9/09/2024
Description
Attractive historic three-story building totaling eight residential income producing apartments. Situated on a huge 12,060 Sq Ft Old Town lot with incredible opportunity for development, as existing 4900 sq ft structure sits on the very front of the lot. The historic building currently includes two 2BD/1BA apartments, four 1BD/1BA apt's and two spacious studio apartments. In wonderful shape, with updated electric, new PVC Plumbing & many new windows, stained glass doors, tall ceiling heights, hardwood floors, 3rd story terrace and an enormous amount of off-street parking (26 spaces). Great income producer as is or plans approved for an additional 2 units & pool. Owner is a licensed Florida Realtor.
More Information MLS# 109045
Contract Information
Listing Board: Key West Association
Range Pricing: No
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
For Sale/Lease: For Sale
Current Price: $1,780,000
Listing Date: 2008-07-29
Sold Price: $1,780,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 1
Side: Median
Flood Zone: X500
Alternate Key #: 1004111
Parcel #: 00003950-000000
Bldg Nbr: 0
Zoning: HMDR - Historic Medium Density Residential
Legal: Kw Pt Lot 2 Sqr 23 G9-348/51 G73-410/11 H1-159 Or5 39-866 Or562-204 Or934-2104q/C Or970-146 Or974...
Taxes: 20096
Tax Year: 2006
Street #: 316
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot Size: 201 x 60
Lot SqFt: 12060
Business Name: N/A
Total Units: 8
# Parking Spaces: 26
Off Street Parking: Yes
# Stories: 3
Building Ht. Ft.: 0
Total # Buildings: 1
Building SqFt: 4900
Style: Residential Income
Year Built: 1933
Remarks & Misc
Remarks – Consumer: Attractive historic three-story building totaling eight residential income producing apartments. Situated on a huge 12,060 Sq Ft Old Town lot with incredible opportunity for development, as existing 4900 sq ft structure sits on the very front of the lot. The historic building currently includes two 2BD/1BA apartments, four 1BD/1BA apt's and two spacious studio apartments. In wonderful shape, with updated electric, new PVC Plumbing & many new windows, stained glass doors, tall ceiling heights, hardwood floors, 3rd story terrace and an enormous amount of off-street parking (26 spaces). Great income producer as is or plans approved for an additional 2 units & pool. Owner is a licensed Florida Realtor.
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
License Info
# of City License: 8
# of County License: 8
Non Trans Rntl Lic: 1
Dockage
None: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Cooling
Ceiling Fans(s): 1
Wall/Window Unit(s): 1
Electric
Circuit Breakers: 1
Floor
Carpet: 1
Vinyl: 1
Wood: 1
Other: 1
Windows/Doors
Other Windows/Doors: 1
Wood Windows: 1
Vehicle Storage
Car(s): 4+
Off Street Parking: 1
Construction
Frame: 1
Land Size
1/4 - 1/2 Acre: 1
Utilities
Cistern: 1
FKAA: 1
Municipal Sewer: 1
Title
Negotiable: 1
Show
Pet on Premises: 1
Miscellaneous
Residence on Premise: 1
Roof
Metal Roof: 1
Financial Status
Potential Short Sale: No
Tenant Paid
Cable: 1
Electric: 1
Status Change Info
Sold Date: 2009-07-08
Sold Price: $1,780,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: Non Trans Rntl Lic
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: Cistern; FKAA; Municipal Sewer
Miscellaneous: Residence on Premise
Construction: Frame
Electric: Circuit Breakers
Floor: Carpet; Vinyl; Wood; Other
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Title: Negotiable
Tenant Paid: Cable; Electric
Show: Pet on Premises
Listing Office:
Truman & Co. (KW)
Last Updated: September - 09 - 2024
Broker Attribution:
305-587-3407
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.