824-826 Duval Street, Key West, FL 33040
$5,800,000
Property Type:
Commercial
Bedrooms:
6
Baths:
8
Lot Size (sq. ft.):
9,500
Status:
Closed
Current Price:
$5,800,000
List Date:
1/03/2020
Last Modified:
9/09/2024
Overview
Description
Listing Details MLS# 587053
Location, Tax & Legal
- Street #
- 824-826
- 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
- 02 - Key West
- 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 #
- 9085082
- Add'l Parcel #1
- 00017141-000826
- Parcel #
- 00017141-000000
- Add'l Parcel #2
- 00017141-000824
- Zoning
- HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
- Legal
- MAISON SUR DUVAL CONDOMINIUM (F/K/A RE 00017140-000000 AK 1017574) OR2160-2191/2272DEC OR2397-879/882AMD
- Taxes
- 0
- Tax Year
- 0
Contract Information
- Listing Board
- Key West Association
- Limited Representation
- No
- For Sale/Lease
- For Sale
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 9500
- Waterfront
- No
- # Parking Spaces
- 8
- Off Street Parking
- yes
- # Stories
- 2
- Total # Buildings
- Yes
- Building SqFt
- 5200
- SqFt Source
- Property Data Card
- Total Units
- 8
- Year Built
- 1933
- Total Bedrooms
- 6
- Full Baths
- 6
- Half Baths
- 2
- Total Baths
- 8
- Control Depth
- 0
Status Change Info
- Sold Date
- 2022-02-18
License Info
- # of Transient Licns
- 6
- Other/See Remarks
- Yes
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
More Information
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- Strong Investment Opportunity in place with a proven track record, rare opportunity to tap into the existing & growing tourism district of Key West Florida. Premium Old Town location on the famous Duval Street, this mixed-use building has 8 units: 6 one bedroom transiently licensed guest rooms & 2 commercial store front spaces. Off street parking lot with a min of 8 spaces from rear lane leads pass the in-ground pool to main electronic entrance of the 6 upstairs residential units. Remotely managed low maintenance vacation rentals allow auto check in for guests. Exceptional net operating income for a 5200sf CBS building located in the X flood zone, property has been converted to condominium units but all are under common ownership.
Type
- Hotel/Motel
- Yes
- Office Buildings
- Yes
- Other Comrcl Style
- Yes
- Professional Service
- Yes
- Restaurant
- Yes
- Retail
- Yes
Fee Includes
- Other
- Yes
Dockage
- None
- Yes
Cooling
- Central Air
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Interior Features
- Laundry Room
- Yes
Vehicle Storage
- Off Street Parking
- Yes
Construction
- CBS
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Miscellaneous
- High Traffc Location
- Yes
- High Visibility
- Yes
- Pool
- Yes
- Other Miscellaneous
- Yes
Property Features
License Info:
Other/See Remarks
Type:
Hotel/Motel; Office Buildings; Other Comrcl Style; Professional Service; Restaurant; Retail
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Vehicle Storage:
Off Street Parking
Cooling:
Central Air
Utilities:
FKAA; Municipal Sewer
Interior Features:
Laundry Room
Miscellaneous:
High Traffc Location; High Visibility; Pool; Other Miscellaneous
Construction:
CBS
Land Size:
Less Than 1/4 Acre
Fee Includes:
Other
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.