Fantastic high traffic and high visibility corner location on iconic Duval Street. Rare mixed-use opportunity just blocks from the Southernmost Point & the Hemingway Home and Museum. Two prime commercial spaces with large windows fronting on Duval Street and luxury residential spaces above. Built in 1948 and recently renovated! First floor is currently configured with one large retail/cafe space and a second smaller retail space along with offices, storage space and three half baths. The second floor offers a beautiful 3 bedroom, 2 bath apartment plus lockout 1 bedroom/1 bath. Residential space offers large private balcony overlooking Duval,Street perfect for people watching and parade viewing. Third floor level could be additional living space and features a private deck with treetop views. Frontage on Duval Street 64 ft and Catherine St frontage is 81.5 ft. Sale includes 50% interest in the parking lot at the corner of Catherine Street and Thompson Lane providing 6 plus parking spaces. HRCC-3 Zoning is a transient receiver zone. Purchase a transient license for the upstairs apartment to maximize investment potential. Do not disturb tenants, shown by appt. only.
MLS# | 611180 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1948 |
Days On Site | 51 |
Listing Provided By | Bascom Grooms Real Estate (KW) | Bascom L Grooms |
Bed(s) | 4 |
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Bath(s) | 6 Total |
SQ Feet | 7,239 |
Story(s) | 3 |
Building(s) | 1 |
Zoning | HRCC - Historic |
Acreage | 0.12 |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | KEY WEST |
Zip Code | 33040 |
Area | 02 Key West |
Community Name | Old Town Unlisted (1.0) |
Listing VS Median (in Old Town Unlisted (1.0)) | |
Price: $6,500,000 low | high Med: $1,299,000 SqFt: 7,239 low | high Med: 1,188 $ / SqFt: $898 low | high Med: $1,093 On Site: 51 low | high Med: 13.000000 |