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900 Kennedy Drive, Key West, FL 33040

$6,600,000
Property Type: Commercial Baths: 16 Square Footage: 22,211 Lot Size (sq. ft.): 61,420 Status: Closed
Current Price: $6,600,000 List Date: 7/06/2020 Last Modified: 9/09/2024

Description

Kennedy Plaza is one of the less than five community shopping centers on the island of Key West. The shopping center is centrally located on the main local business thoroughfare, Kennedy Drive, convenient to local shops and a majority of the local Key West athletic fields and complexes. Variety of 15 Commercial Tenants, ample parking, approximately ~22,211sf finished on a 1.41 acre parcel. Large mixed use shopping centers in Key West are rarely offered for sale because of their better than average occupancy rates, limited competition and captive shopping audience. The shopping center is perfect for a long term investor or a 1031 exchange. Please do not disturb Tenants.

More Information MLS# 591571

Contract Information

Current Price: $6,600,000 Listing Date: 2020-07-03 Listing Board: Key West Association Sold Price: $6,600,000 Limited Representation: No For Sale/Lease: For Sale Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 900 Street Name: Kennedy Street Suffix: Drive Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: New Town - Unlisted (2.0) County: Monroe Area: 03 - Key West

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 302X198 Lot SqFt: 61420 Waterfront: No Building SqFt: 22211 SqFt Source: Tax Records Living Apx SqFt: 22211 Total Units: 15 Year Built: 1972 Half Baths: 16 Total Baths: 16

Status Change Info

Sold Date: 2021-06-22 Sold Price: $6,600,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

License Info: Other/See Remarks Type: Other Comrcl Style; Retail; Shop/Strip Center; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Off Street Parking Utilities: FKAA; Municipal Sewer Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Other Miscellaneous Construction: CBS Land Size: 1 Less Than 2 Acres Fee Includes: Other
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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