818 Elizabeth Street, Key West, FL 33040
$3,500,000
Property Type:
Commercial
Bedrooms:
13
Baths:
11
Lot Size (sq. ft.):
7,917
Status:
Closed
Current Price:
$3,500,000
List Date:
8/08/2022
Last Modified:
9/09/2024
Description
A very rare offering of a 9-unit, full market rate, multi-family building in Old Town Key West. The nine units are spread over three buildings on a lot of just under 8,000 SF. There are five 1bd/ 1ba units, two 2bd/ 2ba units, and two 2bd/ 1ba unit. All units are significantly below market rent. The property is perfect for employers looking for staff housing, a 1031 Exchange investment opportunity, potential condo conversion or single-family estate. Advanced notice is required to show the units and not all units may be available at once to show. This one won't last! Zoned HHDR
More Information MLS# 602146
Contract Information
Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $3,500,000
Listing Date: 2022-08-08
Sold Price: $3,500,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: N/A
Flood Zone: X
Alternate Key #: 1018830
Parcel #: 00018340-000000
Zoning: HDR - High Density Residential
Legal: KW PT LOT 14 OF TR 5 G70-74/75 OR2499-572 OR2503-1936 OR2582-1047/52
Taxes: 14999.22
Tax Year: 2021
Street #: 818
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-Family
Waterfront: No
Control Depth: 0
Lot Size: 50.8 X 154
Lot SqFt: 7917
Total Units: 9
SqFt Source: Appraisal
Building SqFt: 5317
Style: Residential Income
Year Built: 1928
Total Bedrooms: 13
Full Baths: 11
Total Baths: 11
Remarks & Misc
Remarks – Consumer: A very rare offering of a 9-unit, full market rate, multi-family building in Old Town Key West. The nine units are spread over three buildings on a lot of just under 8,000 SF. There are five 1bd/ 1ba units, two 2bd/ 2ba units, and two 2bd/ 1ba unit. All units are significantly below market rent. The property is perfect for employers looking for staff housing, a 1031 Exchange investment opportunity, potential condo conversion or single-family estate. Advanced notice is required to show the units and not all units may be available at once to show. This one won't last! Zoned HHDR
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
Non Trans Rntl Lic: 1
Type
Apartment 3 or more: 1
Fee Includes
Other: 1
Dockage
None: 1
Cooling
Wall/Window Unit(s): 1
Waterfront
None: 1
Waterview
No Waterview: 1
Construction
CBS: 1
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Miscellaneous
Other Miscellaneous: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2022-12-19
Sold Price: $3,500,000
Status: Closed
Property Features
License Info: Non Trans Rntl Lic
Type: Apartment 3 or more
Waterfront: None
Waterview: No Waterview
Dockage: None
Cooling: Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer
Miscellaneous: Other Miscellaneous
Construction: CBS; Frame
Land Size: Less Than 1/4 Acre
Fee Includes: Other
Documents
Floor Plan ›
Listing Office:
Berkshire Hathaway HomeServices Knight & Gardner Realty
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.