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1114 White Street

Key West, FL 33040
  • $2,495,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 613587
Price Reduced
UPDATED: 50 min ago
$2,495,000
  • 1
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,660
    SQFT
  • $682
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1945
County:

School Ratings & Info

Description

Prime Income-Producing Property in Old Town on White St.An exceptional investment opportunity awaits in Old Town just south of Truman in the Gallery District on White Street. This 3,660 sq. ft. income-producing property features four newly renovated (2023) commercial spaces and a legal leasable renovated residential apartment, offering a diverse and steady revenue stream.Located in the desirable X Flood Zone, this property is built for durability and peace of mind, featuring impact windows and doors throughout. It boasts three separate entrances, providing flexibility for tenants and potential owner-occupants. The 650 SF area in the back of the commercial space makes an excellent location for special events such as parties, receptions and speciality dinners. Additionally, off-street parking adds convenience for residents or businesses. The nearly 1300 SF renovated residential apartment boasts high ceilings, a gorgeous kitchen, bright living space, one large bedroom, two full bathrooms and a bonus room with built in trundle bed that could be used as a second bedroom. A unique live-and-work opportunity, this property is perfect for an investor or business owner looking to reside on-site while generating income. A large storage shed (approximately 180 sq. ft.) on the south side of the building offers additional storage space or covered parking, enhancing the property's functionality.With excellent visibility, high foot traffic, and a strong tenant mix, this is a turnkey investment with long-term appreciation potential. New owners will benefit from the gorgeous entire building renovation. Don't miss this chance to own a versatile, fully renovated, income-generating property!

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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/160155916
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1114 White Street Key West, FL 33040

  • Price: $2,495,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 50 min ago
  • MLS #: 613587
1
Beds
3
Baths
1
½ Baths
0.12
Acres
3,660
SQFT
$682
$/SQFT
1945
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Prime Income-Producing Property in Old Town on White St.An exceptional investment opportunity awaits in Old Town just south of Truman in the Gallery District on White Street. This 3,660 sq. ft. income-producing property features four newly renovated (2023) commercial spaces and a legal leasable renovated residential apartment, offering a diverse and steady revenue stream.Located in the desirable X Flood Zone, this property is built for durability and peace of mind, featuring impact windows and doors throughout. It boasts three separate entrances, providing flexibility for tenants and potential owner-occupants. The 650 SF area in the back of the commercial space makes an excellent location for special events such as parties, receptions and speciality dinners. Additionally, off-street parking adds convenience for residents or businesses. The nearly 1300 SF renovated residential apartment boasts high ceilings, a gorgeous kitchen, bright living space, one large bedroom, two full bathrooms and a bonus room with built in trundle bed that could be used as a second bedroom. A unique live-and-work opportunity, this property is perfect for an investor or business owner looking to reside on-site while generating income. A large storage shed (approximately 180 sq. ft.) on the south side of the building offers additional storage space or covered parking, enhancing the property's functionality.With excellent visibility, high foot traffic, and a strong tenant mix, this is a turnkey investment with long-term appreciation potential. New owners will benefit from the gorgeous entire building renovation. Don't miss this chance to own a versatile, fully renovated, income-generating property!
Exterior Features

Construction Concrete Dockage None Land Size Less Than 1/4 Acre Lot Size 47x111 Off Street Parking Yes Parking Spaces 1 Side N/A Style Residential Income Vehicle Storage Off Street Parking Vehicle Storage Cars 2 Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances RefrigeratorDishwasherDryerWasherDisposalRange Cooling Heating Central AirCeiling Fans(s)Heat Pump Dishwashers 2 Floor Tile Interior Features Furnished Kitchens 1 Net Leasable Area 3660.00 Range Ovens 1 Refrigerators 2 Washers 1 Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Commercial Type Retail Control Depth 0 Deed Restrictions No Dryers 1 Electric Single Phase Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-S of Truman Legal KW GWYNN SUB O-195 PT LOT 6 SQR 2 TR 13 OR446-110 OR237-504 OR446-110 OR653-500 OR840-2292 OR840-2294 OR1206-1855 OR135 License Info Non Trans Rntl Lic 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 Sq Ft Source Property Data Card Tax Year 2023 Taxes 14440.01 Total Units 0.00 Utilities FKAAMunicipal Sewer Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of Kate Green of Old Town Realty: (305) 546-1538.


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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