526 Duval Street, Key West, FL 33040
$4,500,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
5,000
Status:
Closed
Current Price:
$4,500,000
List Date:
8/20/2012
Last Modified:
9/09/2024
Description
This is an incredibly rare building offered for sale in the national tenant district of Duval Street. The current under market tenant's lease will expire in February of 2013. This will leave two prime commercial spaces down stairs perfect for upscale retail or national credit tenancy. The second floor is a huge 4,584 Square foot 3 bedroom, 3.5 bath penthouse apartment with a 198 Square foot balcony that would be perfect for long term or potentially transient rental if the proper license is obtained. This is an outstanding 1031 exchange candidate or rock solid investment real estate on world famous Duval Street.
More Information MLS# 116867
Contract Information
Current Price: $4,500,000
Listing Date: 2012-08-20
Listing Board: Key West Association
Sold Price: $4,500,000
Limited Representation: No
As is Rght to Inspct: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location Tax Legal
Street #: 526
Street Name: Duval
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 5000
Waterfront: No
Business Name: -
Building SqFt: 9036
Year Built: 1924
Status Change Info
Under Contract Date: 2012-12-11
Sold Date: 2012-12-27
Sold Price: $4,500,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: Unknown
Type: Franchise; Franchise; Other Comrcl Style; Retail; Shop/Strip Center; Other Services
Dockage: None
Cooling: Central Air
Utilities: FKAA; Municipal Sewer
Miscellaneous: High Traffc Location; High Visibility
Construction: CBS
Land Size: Less Than 1/4 Acre
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
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