824-826 Duval Street, Key West, FL 33040 (MLS# 587053)2018-09-03T18:43:03-07:00

$5,250,000
824-826 Duval Street
Key West, FL 33040
MLS# 587053
6 beds  |  6.2 baths


824-826 Duval Street, Key West, FL 33040
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Property Description
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.

Details
Maps
Contract Information
Current Price: $5,250,000
Listing Date: 2019-08-20
Listing Board: Key West Association
List Price: $5,250,000
Limitd Reprsntation: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
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)
Mile Marker: 1
County: Monroe
Area: 02 - Key West
KW Neighborhood: Old Town-N of Truman
Marathon Neighborhood: N/A
Side: N/A
Flood Zone: x
Alternate Key #: 9085082
Add'l Parcel #1: 00017141-000826
Add'l Parcel #2: 00017141-000824
Parcel #: 00017141-000000
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
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: 1
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: 6.2
Status Change Info
Contingent: None
Status: Active
License Info
# of Transient Licns: 6
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
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/Heating: Central A/C
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 Knight & Gardner Realty

Listing Agent: Team Gardner/Langley

Last Updated: September - 28 - 2020

824-826 Duval Street, Key West, FL 33040 - MLS# 587053

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Tuesday 29th of September 2020 11:01 AM