1209 Virginia Street, Key West, FL 33040 (MLS# 594584)

1209 Virginia Street, Key West, FL 33040

$3,800,000

Property Type: Commercial Bedrooms: 12 Baths: 14 Square Footage: 8,229 Lot Size (sq. ft.): 16,167 Status: Closed

Current Price: $3,800,000 List Date: 5/20/2021 Last Modified: 9/09/2024

Description

Amazing opportunity in the heart of Key West. 9 Total units. Seller Financing Possible! Main building offers 7 units and there are two detached cottages. Investor opportunity! Could be converted back to a stunning single family or sold as individual condos. Originally constructed as a residence by Eduardo H. Gato and later served as the Mercedes Hospital and is listed on the National Register of Historic Places. Property boasts classic Victorian architecture with Cuban influenced breezeways, atrium, balconies, & courtyard. 9 units, separately metered. Property boasts elegant high ceilings, pocket doors, wood trim, huge light filled spaces, and private outdoor space. Garden courtyard space and pool!

More Information MLS# 594584

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Species List: No Current Price: $3,800,000 Listing Date: 2021-02-08 Sold Price: $3,800,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman City: KEY WEST Mile Marker: 2 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 8792123 Add'l Parcel #1: see agent remarks Parcel #: 00033840-000101 Zoning: HMDR - Historic Medium Density Residential Legal: 9 UNITS-9 LEGALS & 23.8% COMMON ELEMENTS OR1118-1359/1360L/E OR1234-585/86CT(JB) OR1246-1915/18C(CMS)OR12 Taxes: 15881.8 Tax Year: 2020 Street #: 1209 Street Name: Virginia Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Casa Gato (2.0) County: Monroe Area: 03 - Key West

General Property Description

Realtor.COM Type: Multi-Family Waterfront: No Control Depth: 0 Lot Size: 100x161.67 Lot SqFt: 16167 Business Name: CASA GATO Total Units: 9 # Parking Spaces: 0 Off Street Parking: 2 # Stories: 2 SqFt Source: Property Data Card Total # Buildings: 3 Building SqFt: 8229 Style: Residential Income Living Apx SqFt: 8229 Year Built: 1911 Total Bedrooms: 12 Full Baths: 12 Half Baths: 2 Total Baths: 14

Remarks & Misc

Remarks – Consumer: Amazing opportunity in the heart of Key West. 9 Total units. Seller Financing Possible! Main building offers 7 units and there are two detached cottages. Investor opportunity! Could be converted back to a stunning single family or sold as individual condos. Originally constructed as a residence by Eduardo H. Gato and later served as the Mercedes Hospital and is listed on the National Register of Historic Places. Property boasts classic Victorian architecture with Cuban influenced breezeways, atrium, balconies, & courtyard. 9 units, separately metered. Property boasts elegant high ceilings, pocket doors, wood trim, huge light filled spaces, and private outdoor space. Garden courtyard space and pool! Directions: Off White St to 1209 Virginia St- sign on front

Association Info

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

Type

Apartment 3 or more: 1

Fee Includes

None: 1

Dockage

None: 1

Accounts & Meters

# Water Meters: 9 # Electric Meters: 9

Appliances

Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Combo: 1 Tile: 1 Wood: 1

Interior Features

Cathedral Ceilings: 1

Windows/Doors

Other Windows/Doors: 1 Wood Windows: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Seller Finance Psble: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Miscellaneous

Fencing: 1 High Visibility: 1 Patio: 1 Pool: 1 Residence on Premise: 1 Storage: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2021-11-30 Sold Price: $3,800,000 Status: Closed

Property Features

Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Municipal Sewer Interior Features: Cathedral Ceilings Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: Fencing; High Visibility; Patio; Pool; Residence on Premise; Storage Construction: Frame Floor: Combo; Tile; Wood Land Size: Less Than 1/4 Acre Fee Includes: None Terms: Seller Finance Psble

Listing Office: Bascom Grooms Real Estate (KW)

Last Updated: September - 09 - 2024

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