928 Truman Avenue, #101

Key West, FL 33040 / GG Watson Sub (1.0)

MLS ID# 606314 Active
Commercial

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$3,400,000

0.23 acres

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

Description

Explore the exciting prospects of this unique package deal in Key West, where a multi-unit complex seamlessly intertwines with a versatile commercial space. This investment opportunity not only presents the advantages of a multi-unit complex featuring 5 legal units with a total of 8 bedrooms but also includes a strategically located commercial space. Nestled on a corner lot along Truman Ave and falling within the HNC 1 zone, the commercial space offers dual entrances and is equipped with ample parking. What sets this opportunity apart is its potential for adaptation - envision converting the commercial space into additional housing units, expanding the potential for rental income, or creating a unified living and working space. Spanning 9,998 square feet in the heart of Old Town, this package deal is a rare find that caters to both the astute investor and those seeking innovative housing solutions. With the flexibility to accommodate various uses and the convenience of 6 electric meters and 5 water meters, this property emerges as a comprehensive and adaptable investment package in a prime Key West location. Explore the exciting prospects of this unique package deal in Key West, where a multi-unit complex seamlessly intertwines with a versatile commercial space. This investment opportunity not only presents the advantages of a multi-unit complex featuri... show more

Location, Tax & Legal

• Street # 928
• Street Name Truman
• Street Suffix Avenue
• Unit # 101
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• Off Shore Island No
• Subdivision GG Watson Sub (1.0)
• Mile Marker 1
• County Monroe
• Area 02 - Key West
• KW Neighborhood Old Town-S of Truman
• Marathon Neighborhood N/A
• Side Median
• Flood Zone 0.2 PCT ANNUAL CHANC
• Alternate Key # 1031852
• Parcel # 00031070-000000
• Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
• Legal KW G G WATSON SUB I-209 PT LOTS 2 & 3 SQR 2 TR 13 H2-372 OR972-544 OR964-2437 OR981-86 OR992-356 OR992-357/58 OR1056-12
• Taxes 7791.73
• Tax Year 2022

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size 9998
• Lot SqFt 9998
• Waterfront No
• Control Depth 0
• # Parking Spaces 10
• # Stories 2
• Total # Buildings 3
• Building SqFt 2684
• SqFt Source Property Data Card
• Net Leasable Area 1830
• Total Units 0
• Year Built 1959
• Total Bedrooms 8
• Full Baths 5
• Half Baths 1
• Total Baths 6

Details

• License Info

  # of City License:5, Non Trans Rntl Lic

• Association Info

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

• Type

  Apartment 3 or more, Office Buildings, Other Comrcl Style, Retail, Other Services

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Vehicle Storage

  Car(s):4+, Guest Parking

• Utilities

  Buyer to Verify, FKAA, Municipal Sewer, Separate Meters

• Appliances

  Refrigerator

• Construction

  CBS, Combo Construction, Frame

• Roof

  Combo Roof

• Land Size

  Less Than 1/4 Acre

• Fee Includes

  None

• Show

  24 Hour Notice, LA Must Accompany, Tenant Occupied

• Financial Status

  No Bank Owned, No Potential Short Sale