721 South Street, Key West, FL 33040
$2,000,000
Property Type:
Residential
Bedrooms:
8
Baths:
7
Square Footage:
3,605
Lot Size (sq. ft.):
11,240
Status:
Closed
Current Price:
$2,000,000
List Date:
1/17/2024
Last Modified:
4/30/2025
Description
Exceptional old town opportunity: 6 apartments, vast 11,240 sq. ft. lot, prime location. Limitless potential awaits, with endless possibilities to transform this property into something truly extraordinary. Building comprises 4 Units with 1 Bedroom and 1 Bathroom each, along with 1 Unit featuring 2 Bedrooms and 1 Bathroom, and another unit boasting 2 Bedrooms and 2 Bathrooms. Apartments are currently occupied by tenants, please refrain from disturbing them and schedule viewings accompanied by the listing agent. Prospective Buyers are encouraged to independently verify property rights.
More Information MLS# 608227
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Current Price: $2,000,000
Listing Date: 2024-01-17
Sold Price: $2,000,000
Location, Tax & Legal
KW Neighborhood: Casa Marina
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 1039012
Parcel #: 00038270-000000
Zoning: HRO - Historic Residential/Office
Deed Restrictions: Unknown
Legal: KW KW INVESTMENT CO SUB PB1-88 LOT 12 SQR 18 TR 17 OR174-324/25 OR503-910 OR873-286/287 OR1467-2182/84 OR2756-1747/49
Taxes: 14686.65
Tax Year: 2023
Pub Sewer HkUp: Yes
Street #: 721
Street Name: South
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-family
Waterfront: No
Control Depth: 0
Lot Size: 47X120 + 56X100
Lot SqFt: 11240
Pool: No
Total Units: 0
Acres: 0.13
SqFt Source: Property Data Card
Rentals Allowed: Yes
Style: Multi-Units
Year Built: 1953
Living Apx SqFt: 3605
Total Bedrooms: 8
Full Baths: 7
Total Baths: 7
Remarks & Misc
Remarks – Consumer: Exceptional old town opportunity: 6 apartments, vast 11,240 sq. ft. lot, prime location. Limitless potential awaits, with endless possibilities to transform this property into something truly extraordinary. Building comprises 4 Units with 1 Bedroom and 1 Bathroom each, along with 1 Unit featuring 2 Bedrooms and 1 Bathroom, and another unit boasting 2 Bedrooms and 2 Bathrooms. Apartments are currently occupied by tenants, please refrain from disturbing them and schedule viewings accompanied by the listing agent. Prospective Buyers are encouraged to independently verify property rights.
Directions: Located near the corner of South and William ST
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Range: 1
Refrigerator: 1
Cooling
Ceiling Fans(s): 1
Wall/Window Unit(s): 1
Waterfront
None: 1
Waterview
No Waterview: 1
Building Style
Above Flood: No
Ground Level: 1
Stories: 2 Stories
Vehicle Storage
Off Street Parking: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Status Change Info
Sold Date: 2024-02-23
Sold Price: $2,000,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Building Style: Ground Level
Vehicle Storage: Off Street Parking
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer
Appliances: Range; Refrigerator
Construction: CBS
Land Size: Less Than 1/4 Acre
721 South Diagram ›
Listing Office:
Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: April - 30 - 2025
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.