1128 Packer Street, Key West, FL 33040 (MLS# 595069)

1128 Packer Street, Key West, FL 33040

$1,650,000

Property Type: Residential Bedrooms: 8 Baths: 4 Square Footage: 3,144 Lot Size (sq. ft.): 5,000 Status: Closed

Current Price: $1,650,000 List Date: 3/09/2021 Last Modified: 8/24/2024

Description

Investor Alert! Great opportunity to own a well maintained 4 unit building in Old Town with Off Street Parking, plenty of backyard for a pool or entertaining friends and family. Property is also located in the X Flood Zone providing low flood insurance costs! All 4 units are 2 Bedrooms/1 Baths, have open floor plans with lots of windows allowing for plenty of natural light. Current rental income is below market, available upon request and can likely be increased.The 2-story building sits on a 5,000 sq. ft. lot in the heart of Old Town and has 3,100 sq. ft. of total living space. Located only a few blocks to Duval Street, the beaches, wonderful restaurants and many more of Key West attractions! Seller is motivated and says bring offers! 24 Hour notice required to show.

More Information MLS# 595069

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Bank Owned: No Current Price: $1,650,000 Listing Date: 2021-03-08 Sold Price: $1,650,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman City: KEY WEST Off Shore Island: No Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 1032255 Parcel #: 00031470-000000 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: Unknown Legal: KW G G WATSON SUB I-209 PT LOT 7 SQR 4 TR 13 E1-23 OR368-537/38 OR736-38 OR737-210/11 OR750-417 OR758-365/368 OR803-1597 Taxes: 9203 Tax Year: 2019 Pub Sewer HkUp: Yes Street #: 1128 Street Name: Packer Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: GG Watson Sub (1.0) Area: 02 - Key West

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot SqFt: 5000 Pool: No Total Units: 4 Acres: 0.11 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 28 Style: Multi-Units Year Built: 1933 Living Apx SqFt: 3144 Total Bedrooms: 8 Full Baths: 4 Total Baths: 4

Remarks & Misc

Remarks – Consumer: Investor Alert! Great opportunity to own a well maintained 4 unit building in Old Town with Off Street Parking, plenty of backyard for a pool or entertaining friends and family. Property is also located in the X Flood Zone providing low flood insurance costs! All 4 units are 2 Bedrooms/1 Baths, have open floor plans with lots of windows allowing for plenty of natural light. Current rental income is below market, available upon request and can likely be increased.The 2-story building sits on a 5,000 sq. ft. lot in the heart of Old Town and has 3,100 sq. ft. of total living space. Located only a few blocks to Duval Street, the beaches, wonderful restaurants and many more of Key West attractions! Seller is motivated and says bring offers! 24 Hour notice required to show.

Association Info

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

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Range: 1 Refrigerator: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Interior Features

Built-in Cabinets: 1 Split Bedroom: 1 Storage: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Windows/Doors

Single Hung Windows: 1

Vehicle Storage

Car(s): 2 Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Fencing: 1 Fruit Tree(s): 1 Privacy Wall/Fence: 1 Storage: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No

Status Change Info

Sold Date: 2021-07-07 Sold Price: $1,650,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Split Bedroom; Storage Appliances: Range; Refrigerator Exterior Features: Fencing; Fruit Tree(s); Privacy Wall/Fence; Storage Construction: Frame Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable

Listing Office: Truman & Co. (KW)

Last Updated: August - 24 - 2024

Broker Attribution: 305-395-2360

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.