$950,000

1008 White Street

Key West FL, 33040

Description

Great Investment Potential! This multi-use property features two legal apartments and a licensed commercial space on the desirable White Street corridor. Both residential units have great income potential as the downstairs apartment is approximately 900 sf and includes a large living area and kitchen along with two bedrooms and a bath. It would make a great owners unit as it can also be opened up to the large backyard with a storage building and room for a pool. The upstairs unit is approximately 980 sf and is also a 2BR/1BA with substantial living and kitchen areas. The downstairs front of the building is home to a small grocery/take-out food service shop. Business is not for sale! Residential long term tenants (on month to month leases) are paying below market value.

Details

MLS#591938
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1943
Days On Site46

Features

Bed(s)4
Bath(s)2 Full / 1 Half
SQ Feet2,527
Story(s)1 Story
Acreage0.13
Water FrontNone

Market Activity 33040

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Area Information
StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-S of Truman
Community NameGwynn Sub (1.0)
Listing VS Median (in Gwynn Sub (1.0))
Price:
$950,000
low | high
Med:
$687,000
77.684210526316% of Average
SqFt:
2,527
low | high
Med:
858
100% of Average
$ / SqFt:
$376
low | high
Med:
$841
73.672805402087% of Average
On Site:
46
low | high
Med:
80.5
57.142857142857% of Average
Listing Updated: 09/17/2020
Michael Spirnak LogoMLS Number: 591938
Listing Provided By:
Michael Spirnak  of  Berkshire Hathaway Knight Gardner Realty