903-909 Virginia Street, Key West, FL 33040
$3,950,000
Property Type:
Commercial
Bedrooms:
19
Baths:
14.2
Square Footage:
7,411
Lot Size (sq. ft.):
14,352
Status:
Closed
Current Price:
$3,950,000
List Date:
1/17/2019
Last Modified:
9/09/2024
Description
Three buildings make up this rare 12-unit multi-family residential property. Located in the X Flood Zone in Old Town Key West (best zone in Key West), this is the first time in 3 generations this opportunity has been on the market. This is a perfect 1031 exchange property, the buildings and property are in great physical shape and ready for a new investor to take over. Current Owner has clear pride of ownership of this multi-unit property. Property consists of 7- two bedroom units, 4- one bedroom units and 1 studio apartment plus parking and a well landscaped courtyard. Units are fully occupied, please give advanced notice for showings. Three parcels included in compound, see details in report.
More Information MLS# 580091
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $3,950,000
Listing Date: 2018-05-04
Sold Price: $3,950,000
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Side: N/A
Flood Zone: X
Alternate Key #: 1031046
Add'l Parcel #1: 00030280-000000
Parcel #: 00030270-000000
Add'l Parcel #2: 00030290-000000
Zoning: HMDR - Historic Medium Density Residential
Taxes: 17817
Tax Year: 2017
Street #: 903-909
Street Name: Virginia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Multi-Family
Waterfront: No
Control Depth: 0
Lot SqFt: 14352
Total Units: 12
# Stories: 2
SqFt Source: Tax Records
Total # Buildings: 3
Building SqFt: 7411
Style: Residential Income
Living Apx SqFt: 7411
Year Built: 1933
Total Bedrooms: 19
Full Baths: 14
Half Baths: 2
Total Baths: 14.2
Remarks & Misc
Remarks – Consumer: Three buildings make up this rare 12-unit multi-family residential property. Located in the X Flood Zone in Old Town Key West (best zone in Key West), this is the first time in 3 generations this opportunity has been on the market. This is a perfect 1031 exchange property, the buildings and property are in great physical shape and ready for a new investor to take over. Current Owner has clear pride of ownership of this multi-unit property. Property consists of 7- two bedroom units, 4- one bedroom units and 1 studio apartment plus parking and a well landscaped courtyard. Units are fully occupied, please give advanced notice for showings. Three parcels included in compound, see details in report.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Apartment 3 or more: 1
Fee Includes
None: 1
Dockage
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Property Info
# Kitchens: 13
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Vehicle Storage
Common Parking: 1
Off Street Parking: 1
Construction
Combo Construction: 1
Land Size
1/4 - 1/2 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Miscellaneous
Fencing: 1
Patio: 1
Residence on Premise: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2019-04-29
Sold Price: $3,950,000
Status: Closed
Property Features
Type: Apartment 3 or more
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Common Parking; Off Street Parking
Cooling: Ceiling Fans(s); Central Air
Utilities: FKAA; Municipal Sewer
Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer
Miscellaneous: Fencing; Patio; Residence on Premise
Construction: Combo Construction
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Fee Includes: None
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.