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903-909 Virginia Street, Key West, FL 33040

$3,950,000
Property Type: Commercial Sale Bedrooms: 19 Baths: 14.2 Square Footage: 7,411 Lot Size (sq. ft.): 14,352 Status: Closed
Current Price: $3,950,000 List Date: 1/17/2019 Last Modified: 9/09/2024

Description

Three buildings make up this rare 12-unit multi-family residential property. Located in the X Flood Zone in Old Town Key West (best zone in Key West), this is the first time in 3 generations this opportunity has been on the market. This is a perfect 1031 exchange property, the buildings and property are in great physical shape and ready for a new investor to take over. Current Owner has clear pride of ownership of this multi-unit property. Property consists of 7- two bedroom units, 4- one bedroom units and 1 studio apartment plus parking and a well landscaped courtyard. Units are fully occupied, please give advanced notice for showings. Three parcels included in compound, see details in report.

More Information MLS# 580091

Contract Information

Current Price: $3,950,000 Listing Date: 2018-05-04 Listing Board: Key West Association Sold Price: $3,950,000 Limited Representation: No As is Rght to Inspct: Yes For Sale/Lease: For Sale Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 903-909 Street Name: Virginia Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unrecord (1.0) County: Monroe Area: 01 - Key West

General Property Description

Realtor.COM Type: Multi-Family Style: Residential Income Lot SqFt: 14352 Waterfront: No # Stories: 2 Total # Buildings: 3 Building SqFt: 7411 SqFt Source: Tax Records Living Apx SqFt: 7411 Total Units: 12 Year Built: 1933 Total Bedrooms: 19 Full Baths: 14 Half Baths: 2 Total Baths: 14.2

Status Change Info

Under Contract Date: 2019-03-01 Sold Date: 2019-04-29 Sold Price: $3,950,000 Status: Closed

Association Info

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

Property Info

# Kitchens: 13

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Off Street Parking Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Municipal Sewer Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Miscellaneous: Fencing; Patio; Residence on Premise Construction: Combo Construction Roof: Metal Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None
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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