721 South Street, Key West, FL 33040 (MLS# 608227)

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

Overview

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.

Listing Details MLS# 608227

Location, Tax & Legal

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

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1953
Lot SqFt: 11240
Acres: 0.13
Living Apx SqFt: 3605
SqFt Source: Property Data Card
Total Bedrooms: 8
Full Baths: 7
Total Baths: 7
Rentals Allowed: Yes

Status Change Info

Under Contract Date: 2024-02-09
Leased Date: 2024-02-23

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Building Style

Above Flood: No
# Stories: 2 Stories

More Information

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

Documents

721 South Diagram ›

721 South ST Rent - SF Info ›

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.