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1200-1212 White Street

Key West, FL 33040
  • $3,025,000
  • STATUS: Active
  • ON SITE: 463 Days
  • MLS #: 605794
Price Reduced
$3,025,000
  • 3
    BEDS
  • 0.19
    ACRES
  • 2
    BATHS
  • 4
    1/2 BATHS
  • 6,268
    SQFT
  • $483
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

**BEGINNING AUGUST 15TH, THE LARGEST COMMERCIAL UNIT IN THE BUILDING WILL BE AVAILABLE - GREAT OPPORTUNITY FOR AN OWNER/OCCUPIER OR INVESTOR!**A rare investment opportunity to own a residential mixed-use property located in the heart of Old Town Key West PLUS adjacent vacant lot. Property consists of 2 residential units upstairs (2BD/1BA + 1BD/1BA) & 4 commercial units downstairs, each with a 1/2 bath. All commercial tenants have long term leases in place (except the largest unit which will be vacant on 8/15/24). Recently renovated from 2016-2019 building features all hurricane rated impact doors & windows & is located in the X Flood Zone. White Street is the fastest growing corridor in Key West, acting as a border of Old Town & New Town Key West. Within a a short bike ride or walking distance to many of Key Wests popular restaurants, beaches, museums, hotels & B&B's. This investment opportunity is not to be missed! Lots of possibilities - Live in one of the residential units and collect rent on the other 5 units, open your own business in one of the commercial units or rent out all 6 units! *Owner is a licensed Florida Realtor.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/140955727
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1200-1212 White Street Key West, FL 33040

  • Price: $3,025,000
  • Status: Active
  • On Site: 463 Days
  • MLS #: 605794
3
Beds
2
Baths
4
½ Baths
0.19
Acres
6,268
SQFT
$483
$/SQFT
1923
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
**BEGINNING AUGUST 15TH, THE LARGEST COMMERCIAL UNIT IN THE BUILDING WILL BE AVAILABLE - GREAT OPPORTUNITY FOR AN OWNER/OCCUPIER OR INVESTOR!**A rare investment opportunity to own a residential mixed-use property located in the heart of Old Town Key West PLUS adjacent vacant lot. Property consists of 2 residential units upstairs (2BD/1BA + 1BD/1BA) & 4 commercial units downstairs, each with a 1/2 bath. All commercial tenants have long term leases in place (except the largest unit which will be vacant on 8/15/24). Recently renovated from 2016-2019 building features all hurricane rated impact doors & windows & is located in the X Flood Zone. White Street is the fastest growing corridor in Key West, acting as a border of Old Town & New Town Key West. Within a a short bike ride or walking distance to many of Key Wests popular restaurants, beaches, museums, hotels & B&B's. This investment opportunity is not to be missed! Lots of possibilities - Live in one of the residential units and collect rent on the other 5 units, open your own business in one of the commercial units or rent out all 6 units! *Owner is a licensed Florida Realtor.
Exterior Features

Above Flood Unknown Construction Combo Construction Dockage None Land Size Less Than 1/4 Acre Pool YN No Roof Combo RoofOther Roof Side Median Stories 2 Stories Style Multi-Units Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances WasherMicrowaveOvenRangeRefrigeratorDryer Cooling Heating Central Air Floor TileLaminate Windows Doors Glass DoorsImpact Rstnce WindowImpact Rstnce DoorsAluminum Windows

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY WEST Condition Updated/Remodeled Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone X Flood Zone Key West Neighborhood Old Town-S of Truman Listing Board Key West Association Mile Marker 1.00 Min Rental Days 30.00 Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 22039.00 Terms No Seller FinanceConventionalCash Utilities FKAAElect Separate MeterWater Separate MeterBuyer to VerifyMunicipal Sewer Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of Team Spottswood/Vazquez of Truman & Co. (KW): (305) 292-2244.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Keys Home Network
333 Fleming Street
Key West FL, 33040