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900 Kennedy Drive, Key West, FL 33040

$6,600,000
Property Type: Commercial Baths: 16 Square Footage: 22,211 Lot Size (sq. ft.): 61,420 Status: Closed
Current Price: $6,600,000 List Date: 7/06/2020 Last Modified: 9/09/2024

Overview

Description

Kennedy Plaza is one of the less than five community shopping centers on the island of Key West. The shopping center is centrally located on the main local business thoroughfare, Kennedy Drive, convenient to local shops and a majority of the local Key West athletic fields and complexes. Variety of 15 Commercial Tenants, ample parking, approximately ~22,211sf finished on a 1.41 acre parcel. Large mixed use shopping centers in Key West are rarely offered for sale because of their better than average occupancy rates, limited competition and captive shopping audience. The shopping center is perfect for a long term investor or a 1031 exchange. Please do not disturb Tenants.

Listing Details MLS# 591571

Location, Tax & Legal

Street #
900
Street Name
Kennedy
Street Suffix
Drive
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
New Town - Unlisted (2.0)
County
Monroe
Area
03 - Key West
KW Neighborhood
New Town
City
KEY WEST
Mile Marker
2
Marathon Neighborhood
N/A
Side
N/A
Flood Zone
AE
Alternate Key #
1068527
Parcel #
00065660-000000
Zoning
CG - General Commercial
Legal
KW PLAT OF SURVEY OF LANDS ON ISLAND OF KEY WEST MONROE COUNTY FLA PT TR 9 PB3-35 (PARCEL LYING SW'LY OF 13TH ST) OR406-
Taxes
25928.27
Tax Year
2019

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
61420
Waterfront
No
Building SqFt
22211
SqFt Source
Tax Records
Living Apx SqFt
22211
Total Units
15
Year Built
1972
Half Baths
16
Total Baths
16
Control Depth
0

Status Change Info

Sold Date
2021-06-22

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Kennedy Plaza is one of the less than five community shopping centers on the island of Key West. The shopping center is centrally located on the main local business thoroughfare, Kennedy Drive, convenient to local shops and a majority of the local Key West athletic fields and complexes. Variety of 15 Commercial Tenants, ample parking, approximately ~22,211sf finished on a 1.41 acre parcel. Large mixed use shopping centers in Key West are rarely offered for sale because of their better than average occupancy rates, limited competition and captive shopping audience. The shopping center is perfect for a long term investor or a 1031 exchange. Please do not disturb Tenants.

License Info

Other/See Remarks
Yes

Type

Other Comrcl Style
Yes
Retail
Yes
Shop/Strip Center
Yes
Other Services
Yes

Fee Includes

Other
Yes

Dockage

None
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Vehicle Storage

Common Parking
Yes
Off Street Parking
Yes

Construction

CBS
Yes

Land Size

1 Less Than 2 Acres
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Miscellaneous

Handicap Access
Yes
High Traffc Location
Yes
High Visibility
Yes
Other Miscellaneous
Yes

Property Features

License Info: Other/See Remarks Type: Other Comrcl Style; Retail; Shop/Strip Center; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Off Street Parking Utilities: FKAA; Municipal Sewer Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Other Miscellaneous Construction: CBS Land Size: 1 Less Than 2 Acres Fee Includes: Other
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
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