423 Duval Street, Key West, FL 33040
$6,800,000
Property Type:
Commercial
Lot Size (sq. ft.):
6,600
Status:
Closed
Current Price:
$6,800,000
List Date:
3/04/2014
Last Modified:
9/09/2024
Overview
Description
Listing Details MLS# 119464
Location, Tax & Legal
- Street #
- 423
- Street Name
- Duval
- Street Suffix
- Street
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- Subdivision
- Old Town - Unlisted (1.0)
- County
- Monroe
- Area
- 01 - Key West
- KW Neighborhood
- Old Town-N of Truman
- City
- KEY WEST
- Mile Marker
- 1
- Side
- Median
- Alternate Key #
- 1006769
- Bldg Nbr
- No
- Legal
- Kw Pt Lot 4 Sqr 37 G7 5-370/371 and as per Monroe County Tax Records
- Taxes
- 19856
- Tax Year
- 2014
Contract Information
- Listing Board
- Key West Association
- Limited Representation
- No
- As is Rght to Inspct
- Yes
- For Sale/Lease
- For Sale
- Potential Short Sale
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 6600
- Waterfront
- No
- Business Name
- n/a
- # Stories
- Yes
- Building Ht. Ft.
- 15
- Total # Buildings
- Yes
- Building SqFt
- 5670
- Total Units
- 4
- Year Built
- 1953
- # Parking Spaces
- No
Status Change Info
- Sold Date
- 2015-06-05
Association Info
- Mandatory Home Owners Asc
- No
- Association Fee $
- 0
Financial Status
- Potential Short Sale
- No
More Information
Remarks & Misc
- Remarks – Consumer
- Prime Income Producing, Investment Property on 400 Block of Duval St. 4 net leased stores, tenants pay all expenses. Base Rent approximately $516,000/yr + NNN. Directly across the street from the Crown Plaza La Concha Hotel. One of the few investment properties available anywhere on Duval St. All tenants have short term leases & rents could be increased along with LL collecting additional key money upon each renewal.
- Directions
- Between Fleming and Eaton Sts. on the east side of Duval St.
Deed Restrictions
- Unknown
- Yes
Type
- Grocery/Convenience
- Yes
- Professional Service
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Shop/Strip Center
- Yes
- Other Services
- Yes
Dockage
- None
- Yes
Property Info
- Gross Annual Expense
- 0
- NOI
- 0
Cooling
- Central Air
- Yes
Electric
- Circuit Breakers
- Yes
Floor
- Tile
- Yes
Windows/Doors
- Glass Doors
- Yes
Construction
- CBS
- Yes
- Stucco
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Title
- Negotiable
- Yes
Miscellaneous
- High Traffc Location
- Yes
- High Visibility
- Yes
Roof
- Shingle Roof
- Yes
Tenant Paid
- Cable
- Yes
- Electric
- Yes
- Garbage
- Yes
- Gas
- Yes
- Insurance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Water
- Yes
Property Features
Deed Restrictions:
Unknown
Type:
Grocery/Convenience; Professional Service; Restaurant; Retail; Shop/Strip Center; Other Services
Dockage:
None
Cooling:
Central Air
Utilities:
FKAA; Municipal Sewer
Miscellaneous:
High Traffc Location; High Visibility
Construction:
CBS; Stucco
Electric:
Circuit Breakers
Floor:
Tile
Roof:
Shingle Roof
Land Size:
Less Than 1/4 Acre
Title:
Negotiable
Tenant Paid:
Cable; Electric; Garbage; Gas; Insurance; Sewer; Taxes; Water
Listing Office:
RE/MAX KEYS CONNECTION
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.