1119 Simonton Street, #A1, A2, B, C1

Key West, FL 33040 / Old Town - Unlisted (1.0)

MLS ID# 606127 Active
Multi-Units

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$3,598,000

4 beds

5 baths

******** Garage

2158 sqft

0.05 acres

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

Description

WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST!! A hidden gem of 4 spacious and beautifully done 1 bedroom condos needing no work! Also included in price is 3200sf of additional buildable area to expand, build 1-2 separate structures, build a pool, and for parking. POTENTIAL TO CONVERT TO UP TO FOUR 2-4 BEDROOM STAND ALONE RENTAL UNITS! These adorable units have charm and character each with its own private porch for people watching and enjoying that morning fresh cup of coffee or evening cocktail! One unit with a private hot tub tucked away in the back. This property sits in the X flood zone so no flood insurance is required. A solid concrete structure with new metal roof installed in 2015 with a 50 yr warranty. Freshly painted with new AC units in each, new electronic door locks, new washers and dryers in each unit, new facia and soffits, new appliances, all new furnishings and decor, new Zinus green tea memory foam mattresses and all fresh new linens and supplies! All conveys with full asking price including the 2 brand new golf carts! Shed for storage and more and plenty of Private off street parking, which in Key West is worth a mint alone! Your guests will never want to leave! Also property is LOCATED IN A TRANSIENT RECEIVING ZONE. THIS PROPERTY HAS THE POTENTIAL TO APPLY FOR TRANSIENT IF OWN OR PURCHASE A TRANSIENT LICENSE WITH UNIT/BPASS. For more explanation please call agent. CURRENT USE IS INCOME PRODUCING MONTHLY VACATION RENTAL FOR ALL UNITS. EXCELLENT INVESTMENT WITH TONS OF OPTIONS FOR CONFIGURING UNITS AND BUILDING ADDITIONAL UNITS. LOCATION LOCATION LOCATION! WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST!! A hidden gem of 4 spacious and beautifully done 1 bedroom condos needing no work! Also included in price is 3200sf of additional buildable... show more

Location, Tax & Legal

• Street # 1119
• Street Name Simonton
• Street Suffix Street
• Unit # A1, A2, B, C1
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• Off Shore Island No
• County Monroe
• Subdivision Old Town - Unlisted (1.0)
• Mile Marker 1
• Area 02 - Key West
• KW Neighborhood Old Town-S of Truman
• Marathon Neighborhood N/A
• Side Median
• Flood Zone X
• Alternate Key # 9102581, 9102580, 9102688, 9104068
• Parcel # 00027460-002000, 001000, 00310
• Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
• Deed Restrictions Unknown
• Legal See agent remarks for multiple legal
• Taxes 18295
• Tax Year 2022
• Pub Sewer HkUp Yes

General Property Description

• Realtor.COM Type Multi-family
• Style Multi-Units
• Waterfront No
• Control Depth 0
• Pool No
• Year Built 1953
• Total Units 4
• Lot Size 3983sf+1216sf+1301sf+1590sf = 8090sf total
• Lot SqFt 8090
• Lot Sqft Source Tax Records
• Acres 0.05
• Living Apx SqFt 2158
• SqFt Source Tax Records
• Total Bedrooms 4
• Full Baths 5
• Half Baths 0
• Total Baths 5
• Rentals Allowed With Restrictions

Details

• Association Info

  Mandatory Home Owners Asc, Condo Doc's, No 1st Right of Refusal, Association Fee $:0

• Fee Includes

  Bldg Exterior Mnt, Common Area Mnt, None

• Tax Exemptions

  None

• License Info

  # of City License:4, Non Trans Rntl Lic

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Building Style

  Above Flood, Ground Level

• Vehicle Storage

  Car(s):4+, Guest Parking, Off Street Parking, RV Parking Open

• Cooling

  Ceiling Fans(s), Ductless, Wall/Window Unit(s)

• Heating

  Ductless, Other

• Porch/Balcony

  Open Porch/Balcony, Patio

• Utilities

  Elect Separate Meter, FKAA, Municipal Sewer, Water Separate Meter

• Interior Features

  Built-in Cabinets, Drapes/Blinds Incl, Smoke Alarms, Storage, Window Treatments

• Pre-Wired

  Cable

• Appliances

  Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer

• Exterior Features

  Fencing, Hot Tub, Shed, Storage

• Accessibility Feat

  Parking

• Construction

  CBS, Concrete

• Windows/Doors

  Double Hung Windows, Glass Doors, Impact Rstnce Doors, Wood Windows

• Shutters

  Accordion

• Floor

  Combo, Tile, Vinyl, Wood

• Roof

  Metal Roof

• Pets

  Pets Allowed

• Security

  No Security

• Land Size

  More than 1 Lot

• Terms

  Cash, Conventional, Seller Finance Psble, VA

• Show

  Call List Agent, LA Must Accompany, Short Notice OK