1075 Duval St. R15, Key West, FL 33040 (MLS# 603557)

1075 Duval St. R15, Key West, FL 33040

$2,500,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,450 Status: Closed

Current Price: $2,500,000 List Date: 12/29/2022 Last Modified: 8/23/2024

Description

Transiently Licensed, income producing Penthouse in the heart of Old Town is now available to be yours! Conveniently located in sought after Duval Square just steps from Key West's best shops, restaurants and World Famous Duval Street. Upon entering the rooftop from the elevator you are welcomed with beautifully manicured pathways which lead you to the Developers condo, this is the ONLY 4 BR Penthouse in Duval Square. As you enter the home you will be greeted with soaring ceilings and over 2400 Square feet of living space. This Duval Square condo was renovated in 2017 and provides all the modern amenities. On the first floor you will find living room, parlor, full kitchen and the first floor bedroom with en suite bath. Conveniently there is also a half bath for guest use. The living room and parlor open up to your private balcony with lounge area to enjoy a cocktail or watch your favorite sporting event. Take the interior staircase to the second floor where you will find 3 additional bedrooms with en suite baths. The master includes its own private balcony with clawfoot soaking tub that stretches the length of the home. Duval Square provides a beautiful pool, cabana and seating area overlooking Duval Street. The perfect space to enjoy the Key West Sunshine while having a birds eye view of the action on Duval Street. 2 covered parking spaces will convey with the sale. The home comes fully furnished with advance bookings already in place. Gross rental income for 2022 is 280K and 130K + already on the books for 2023. This is your chance to own a beautifully appointed condo with transient license. You have a winner!

More Information MLS# 603557

Contract Information

Listing Board: Key West Association Current Price: $2,500,000 Listing Date: 2022-12-29 Sold Price: $2,500,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman Unit #: R15 City: KEY WEST Off Shore Island: No Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: X Alternate Key #: 8755325 Zoning: HRCC - Historic Residential Commercial Core Deed Restrictions: Unknown Taxes: 15594 Tax Year: 2022 Pub Sewer HkUp: Yes Street #: 1075 Street Name: Duval St. Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Duval Sq PH 1 & 2 (1.0) Area: 02 - Key West

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: No Control Depth: 0 Lot SqFt: 0 Pool: Yes SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 1 Style: Condo Year Built: 1987 Living Apx SqFt: 2450 Total Bedrooms: 4 Full Baths: 4 Half Baths: 1 Total Baths: 5

Remarks & Misc

Remarks – Consumer: Transiently Licensed, income producing Penthouse in the heart of Old Town is now available to be yours! Conveniently located in sought after Duval Square just steps from Key West's best shops, restaurants and World Famous Duval Street. Upon entering the rooftop from the elevator you are welcomed with beautifully manicured pathways which lead you to the Developers condo, this is the ONLY 4 BR Penthouse in Duval Square. As you enter the home you will be greeted with soaring ceilings and over 2400 Square feet of living space. This Duval Square condo was renovated in 2017 and provides all the modern amenities. On the first floor you will find living room, parlor, full kitchen and the first floor bedroom with en suite bath. Conveniently there is also a half bath for guest use. The living room and parlor open up to your private balcony with lounge area to enjoy a cocktail or watch your favorite sporting event. Take the interior staircase to the second floor where you will find 3 additional bedrooms with en suite baths. The master includes its own private balcony with clawfoot soaking tub that stretches the length of the home. Duval Square provides a beautiful pool, cabana and seating area overlooking Duval Street. The perfect space to enjoy the Key West Sunshine while having a birds eye view of the action on Duval Street. 2 covered parking spaces will convey with the sale. The home comes fully furnished with advance bookings already in place. Gross rental income for 2022 is 280K and 130K + already on the books for 2023. This is your chance to own a beautifully appointed condo with transient license. You have a winner! Directions: Located in Duval Square Condos Between Duval and Simonton and Truman & Virginia. Parking area entrance on Simonton St.

Association Info

Mandatory Home Owners Asc: Yes Voluntary Home Owners Asc: No 1st Right of Refusal: Yes Condo Doc's: Yes Assoc Approval Req: Yes Association Fee $: 2357 Assoc/Mnt Fee Per: Monthly

License Info

# of City License: 1 # of County License: 1 Transient Rntl Licns: Yes

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Laminate: 1 Tile: 1

Neighborhood Feature

Community Pool: 1

Interior Features

Built-in Cabinets: 1 Cathedral Ceilings: 1 Drapes/Blinds Incl: 1 Elevator: 1 Pantry: 1 Quartz Countertops: 1 Sky Light(s): 1 Smoke Alarms: 1 Walk-in Closet(s): 1 Window Treatments: 1

Building Style

Above Flood: Yes Stories: 2 Stories Townhouse: 1

Windows/Doors

Aluminum Windows: 1 Impact Rstnce Doors: 1 Single Hung Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Car(s): 2 Carport: 1 Covered Parking: 1 Garage: 1 Assigned Parking: 1 Off Street Parking: 1

Security

Secured Building: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Cable Available: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Negotiable: 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Accessibility Feat

None: 1

GF-Interior Features

Programmable Thermst: 1

Status Change Info

Sold Date: 2023-03-15 Sold Price: $2,500,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Townhouse Vehicle Storage: Garage; Carport; Assigned Parking; Covered Parking; Off Street Parking Furnished: Furnished Cooling: Central Air Heating: Central Utilities: Cable Available; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Elevator; Pantry; Quartz Countertops; Sky Light(s); Smoke Alarms; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer Accessibility Feat: None Pool Info: In Ground; Concrete Construction: Frame Floor: Laminate; Tile Roof: Metal Roof Neighborhood Feature: Community Pool Security: Secured Building Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable GF-Interior Features: Programmable Thermst

Listing Office: Preferred Properties (KW)

Last Updated: August - 23 - 2024

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