$825,000

1008 White Street

Key West FL, 33040

Description

Price reduced! 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#591961
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1943
Days On Site115

Features

SQ Feet2,527
Units3
ZoningHNC(1-3) - Hist Nghborhd Comml 1

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:
$825,000
low | high
Med:
$683,750
67.121212121212% of Average
SqFt:
2,527
low | high
Med:
1,468
91.907400079145% of Average
$ / SqFt:
$326
low | high
Med:
$525
10.68333421861% of Average
On Site:
115
low | high
Med:
201.5
57.071960297767% of Average
Listing Updated: November 26, 2020 8:11:42 PM PST
Michael Spirnak LogoMLS Number: 591961
Listing Provided By:
Michael Spirnak  of  Berkshire Hathaway Knight Gardner Realty