818 Elizabeth Street

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

MLS ID# 602146 Closed
Residential Income

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Closed $3,500,000

0.18 acres

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

Description

A very rare offering of a 9-unit, full market rate, multi-family building in Old Town Key West. The nine units are spread over three buildings on a lot of just under 8,000 SF. There are five 1bd/ 1ba units, two 2bd/ 2ba units, and two 2bd/ 1ba unit. All units are significantly below market rent. The property is perfect for employers looking for staff housing, a 1031 Exchange investment opportunity, potential condo conversion or single-family estate. Advanced notice is required to show the units and not all units may be available at once to show. This one won't last! Zoned HHDR A very rare offering of a 9-unit, full market rate, multi-family building in Old Town Key West. The nine units are spread over three buildings on a lot of just under 8,000 SF. There are five 1bd/ 1ba units, two 2bd/ 2ba units, and two 2bd/ 1ba uni... show more

Location, Tax & Legal

• Street # 818
• Street Name Elizabeth
• Street Suffix Street
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• Subdivision Old Town - Unlisted (1.0)
• Mile Marker 1
• County Monroe
• Area 02 - Key West
• KW Neighborhood Old Town-N of Truman
• Marathon Neighborhood N/A
• Side N/A
• Flood Zone X
• Alternate Key # 1018830
• Parcel # 00018340-000000
• Zoning HDR - High Density Residential
• Legal KW PT LOT 14 OF TR 5 G70-74/75 OR2499-572 OR2503-1936 OR2582-1047/52
• Taxes 14999.22
• Tax Year 2021

General Property Description

• Realtor.COM Type Multi-Family
• Style Residential Income
• Lot Size 50.8 X 154
• Lot SqFt 7917
• Waterfront No
• Control Depth 0
• Building SqFt 5317
• SqFt Source Appraisal
• Total Units 9
• Year Built 1928
• Total Bedrooms 13
• Full Baths 11
• Half Baths 0
• Total Baths 11

Details

• License Info

  Non Trans Rntl Lic

• Association Info

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

• Type

  Apartment 3 or more

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Cooling

  Wall/Window Unit(s)

• Utilities

  FKAA, Municipal Sewer

• Miscellaneous

  Other Miscellaneous

• Construction

  CBS, Frame

• Land Size

  Less Than 1/4 Acre

• Fee Includes

  Other

• Show

  48 Hour Notice, LA Must Accompany, Other Showing Instr

• Financial Status

  No Bank Owned, No Potential Short Sale