1075 Duval Street, #C12 & C13

Key West, FL 33040 / Duval Sq PH 1 & 2 (1.0)

MLS ID# 605563 Closed
Commercial

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Closed $1,550,000

0 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

An exceptional investment opportunity in the heart of Key West's commercial corridor. Two commercial condos have been joined to create a popular and successful 150-seat restaurant in Duval Square. The successful tenant just renewed their lease for a five-year term and has another five-year term remaining. After signing a confidentiality agreement, a buyer may review the NNN Lease in place. Investment opportunity is priced just under a 7 Cap rate. An exceptional investment opportunity in the heart of Key West's commercial corridor. Two commercial condos have been joined to create a popular and successful 150-seat restaurant in Duval Square. The successful tenant just renewed their lease for... show more

Location, Tax & Legal

• Street # 1075
• Street Name Duval
• Street Suffix Street
• Unit # C12 & C13
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• Off Shore Island No
• Subdivision Duval Sq PH 1 & 2 (1.0)
• Mile Marker 1
• County Monroe
• Area 02 - Key West
• KW Neighborhood Old Town-S of Truman
• Marathon Neighborhood N/A
• Side N/A
• Flood Zone X,0.2 PCT ANNUAL CHA
• Alternate Key # 8755261
• Parcel # 00027090-000116
• Zoning HRCC - Historic Residential Commercial Core
• Legal UNIT C-13 DUVAL SQUARE PHASE TWO, A CONDOMINIUM OR1153-406 OR1069-907 OR1238-311/12 OR1383-1494/95R/S OR1868-338/40 OR26
• Taxes 3194.05
• Tax Year 2022

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size N/A
• Lot SqFt 0
• Waterfront No
• Control Depth 0
• Building SqFt 2651
• Net Leasable Area 2651
• Total Units 0
• Year Built 1987
• Total Bedrooms 0
• Full Baths 0
• Half Baths 2
• Total Baths 2

Details

• Association Info

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

• Type

  Restaurant

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Utilities

  FKAA, Municipal Sewer

• Appliances

  Other:Kitchen

• Construction

  CBS

• Land Size

  None

• Fee Includes

  None

• Show

  Call List Agent, No Sign on Property, Tenant Occupied

• Financial Status

  No Bank Owned, No Potential Short Sale