$3,395,000

517 Truman Avenue

Key West FL, 33040

Description

Prime Investment property downtown Key West in good condition. Currently 6 units total, each mostly renovated. Total of 4 Transient Licensed units and 2 Commercial Units. Main building is two story CBS plus wood frame Cottage on Center St. There is a lease to the Coffee/Sandwich shop on Truman Ave. Also, a completely renovated Restaurant on the corner is partially equipped with a hood and is Vacant and ready for occupancy. There are 3 transient units in the main building; one transient unit on the ground floor plus two units on the 2nd floor each large 2bd/1ba units with Central AC. In addition there is a private transient 1bd/1ba cottage in the rear of the property. Buildings renovated in 2014/15 and sit in an X Flood Zone. Two off street parking spots and nearby street parking

Details

MLS#595924
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1963
Days On Site10

Features

SQ Feet4,460
Story(s)2
Units6
ZoningHRCC(1 - 4) - Hist Res Comm Core

Market Activity 33040

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Area Information
StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-S of Truman
Listing VS Median (in 33040)
Price:
$3,395,000
low | high
Med:
$715,000
100% of Average
SqFt:
4,460
low | high
Med:
1,771
100% of Average
$ / SqFt:
$761
low | high
Med:
$464
88.991687939105% of Average
On Site:
10
low | high
Med:
79.5
12.578616352201% of Average
Sourced by Back At You
Listing Updated: May 13, 2021 8:11:51 PM PDT
Curtis A Skomp, CCIM LogoMLS Number: 595924
Listing Provided By:
Curtis A Skomp, CCIM  of  RE MAX Keys Connection (KW)
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.