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1075 Duval Street , C12 & C13

Key West, FL 33040
  • $1,649,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 605563
UPDATED: 49 min ago
$1,649,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 2,651
    SQFT
  • $622
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1987
County:

School Ratings & Info

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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.kwrealhomesforsale.com/homes/140249654
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1075 Duval Street , C12 & C13 Key West, FL 33040

  • Price: $1,649,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 49 min ago
  • MLS #: 605563
0
Beds
0
Baths
2
½ Baths
N/A
Acres
2,651
SQFT
$622
$/SQFT
1987
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property 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.
Exterior Features

Construction Cbs Dockage None Land Size None Lot Size N/A Side N/A Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances Other Kitchen Net Leasable Area 2651.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Key West Commercial Type Restaurant Control Depth 0 Fee Includes None Fema List No Flood Zone X0.2 Pct Annual Cha Key West Neighborhood Old Town-S Of Truman Legal Unit C-13 Duval Square Phase TwoA Condominium Or1153-406 Or1069-907 Or1238-311/12 Or1383-1494/95R/S Or1868-338/40 Or26 Listing Board Key West Association Mile Marker 1.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Tax Year 2022 Taxes 3194.05 Total Units 0.00 Utilities FkaaMunicipal Sewer Zoning Hrcc - Historic Residential Commercial Core

Listing courtesy of Team Gardner/Langley of Berkshire Hathaway Knight & Gardner: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Beach Club Brokers
1075 Duval Street
Key West FL, 33040