901 Eisenhower Drive

Key West, FL 33040 / Benj Alburys Subd (2.0)

MLS ID# 604404 Active
Commercial

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$4,975,000

0.36 acres

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

Description

KEY WEST WATERFRONT INVESTMENT OPPORTUNITY!! Once in a lifetime chance to restore and/or redevelop a commercial waterfront property located on the edge of Old Town, Key West. Built prior to 1912 and owned by the same family for over 100 years, 901 Eisenhower Drive is well-sited on an expansive 15,609SF lot and zoned as General Commercial offering endless investment potential. Conditional uses include a restaurant, hotel, or marina. The property is currently set up as a legal five-unit multi-family rental with two structures consisting of a historic main home and a separate cottage. The main residence has 4 units including 5 bedrooms and 4 bathrooms while the separate cottage includes 2 bedrooms and 1 bathroom. Located on Garrison Bight and just a half a block away from Bayview Park, Tennis Courts, and biking distance to the island's best beaches and amenities. Buyer to verify restoration and or development rights. Tenant Occupied/48 hours notice to show - we may not be able to all units on the same day. KEY WEST WATERFRONT INVESTMENT OPPORTUNITY!! Once in a lifetime chance to restore and/or redevelop a commercial waterfront property located on the edge of Old Town, Key West. Built prior to 1912 and owned by the same family for over 100 years, 901 E... show more

Location, Tax & Legal

• Street # 901
• Street Name Eisenhower
• Street Suffix Drive
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• Off Shore Island No
• Subdivision Benj Alburys Subd (2.0)
• Mile Marker 2
• County Monroe
• Area 01 - Key West
• KW Neighborhood The Meadows
• Marathon Neighborhood N/A
• Side Bay/Gulf
• Flood Zone AE,AE
• Alternate Key # 1024015
• Parcel # 00023230-000000
• Zoning CG - General Commercial
• Legal KW BENJ ALBURYS SUBD PB1-3 PT LOT 11 & ALL LOT 12 OF TR 7 Y-586 B3-150 OR393-833/34 OR117-41/42 OR186-490/91 OR771-402/0
• Taxes 12530.8
• Tax Year 2021

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size 76x175
• Lot SqFt 15609
• Waterfront Yes
• Control Depth 4
• # Parking Spaces 5+
• Off Street Parking Yes
• # Stories 2
• Building Ht. Ft. 30
• Total # Buildings 2
• Building SqFt 3788
• SqFt Source Tax Records
• Net Leasable Area 3118
• Total Units 5
• Year Built 1912
• Total Bedrooms 6
• Full Baths 5
• Half Baths 0
• Total Baths 5

Details

• Deed Restrictions

  No

• License Info

  # of City License:5, Non Trans Rntl Lic

• Association Info

  No Mandatory Home Owners Asc, No Voluntary Home Owners Asc, No 1st Right of Refusal, Association Fee $:0

• Misc Property Info

  Recorded Plat

• Accounts & Meters

  # Electric Meters:5

• Property Info

  # Kitchens:5, 1 Bed/Bath:3, 2 Bed/Bath:2, Cash Flow (Pre-Tax):100800

• Type

  Apartment 3 or more, Other Comrcl Style

• Waterfront

  Bay Front

• Waterview

  Bay/Gulf View

• Dockage

  Basin, Other Dockage

• Vehicle Storage

  Car(s):4+, Off Street Parking

• Cooling

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

• Utilities

  Buyer to Verify, FKAA, Municipal Sewer, Separate Meters

• Appliances

  Dishwasher, Dryer, Range, Refrigerator, Washer

• Miscellaneous

  High Traffc Location, High Visibility, Residence on Premise

• Construction

  Frame

• Electric

  Circuit Breakers, Single Phase

• Windows/Doors

  Jalousie Windows, Other Windows/Doors

• Floor

  Tile, Wood

• Roof

  Metal Roof

• Land Size

  1/4 - 1/2 Acre

• Fee Includes

  None

• Terms

  Buyer Obtain Finance, No Seller Finance, Private Financing, Other Financing

• Tenant Paid

  Cable, Electric, Water

• Show

  48 Hour Notice, LA Must Accompany, Tenant Occupied

• Property Rights

  Multi-Use/Commercial, Transfer Bldg Rights

• Auction Info

  No Auction

• Financial Status

  No Bank Owned, No Potential Short Sale