1221 Packer Street 1-5 & # 1220 Grinnell St #1, Key West, FL 33040 (MLS# 604493)

1221 Packer Street 1-5 & # 1220 Grinnell St #1, Key West, FL 33040

$3,150,000

Virtual Tour

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Property Type: Commercial Bedrooms: 9 Baths: 9 Lot Size (sq. ft.): 4,078 Status: Closed

Current Price: $3,150,000 List Date: 3/09/2023 Last Modified: 9/09/2024

Description

Rare 6 unit Old Town property located in the X Zone, made up of a 3/3 Single Family home ( 1728 sqft ) , 1x 2/1 Bed and 4 x 1/1bed. The 6 units are split between 3 buildings. Located in the Turtle Cove Condominium Assoc, all units are turn-key with separate legal descriptions . 5 units are ready to be rented while the single family home is currently rented. This unique fenced property offers 6 electric meters and 3 off-street parking spots, private porches and common area space with coin operated washer and dryer. Perfect for vacation rentals, investors, owner occupiers, or employee housing too. Portfolio or Cash Buyers only!!

More Information MLS# 604493

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $3,150,000 Listing Date: 2023-03-09 Sold Price: $3,150,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman Unit #: 1-5 & # 1220 Grinnell St #1 City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Alternate Key #: 9088731 Parcel #: 00032031-000000 Zoning: HMDR - Historic Medium Density Residential Legal: TURTLE COVE CONDOMINIUM OF KEY WEST (F/K/A RE 00032030-000000 AK 1032816 AND RE 00032140-000000 AK 1032921) OR2294-1195 Taxes: 21510.75 Tax Year: 2022 Street #: 1221 Street Name: Packer Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: GG Watson Sub (1.0) County: Monroe Area: 02 - Key West

General Property Description

Realtor.COM Type: Multi-Family Waterfront: No Control Depth: 0 Lot Size: 35x 93.5 and 23x35 Lot SqFt: 4078 Total Units: 6 # Parking Spaces: 3 Off Street Parking: Yes # Stories: 2 SqFt Source: Seller Total # Buildings: 3 Building SqFt: 4642 Style: Residential Income Year Built: 1953 Total Bedrooms: 9 Full Baths: 7 Half Baths: 2 Total Baths: 9

Remarks & Misc

Remarks – Consumer: Rare 6 unit Old Town property located in the X Zone, made up of a 3/3 Single Family home ( 1728 sqft ) , 1x 2/1 Bed and 4 x 1/1bed. The 6 units are split between 3 buildings. Located in the Turtle Cove Condominium Assoc, all units are turn-key with separate legal descriptions . 5 units are ready to be rented while the single family home is currently rented. This unique fenced property offers 6 electric meters and 3 off-street parking spots, private porches and common area space with coin operated washer and dryer. Perfect for vacation rentals, investors, owner occupiers, or employee housing too. Portfolio or Cash Buyers only!! Directions: Take US 1 South to Key West. Us 1 will turn into Truman Ave. Turn left onto Packer St and 1221 Packer is on 3rd block on your left, Entrance to 1220 Grinnell St #1 is on Grinnell St same block .

Status Change Info

Sold Comments: Thank You Meghan Sold Date: 2023-08-18 Sold Price: $3,150,000 Status: Closed

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Condo Doc's: Yes Association Fee $: 0

License Info

# of City License: 5

Type

Apartment 3 or more: 1

Fee Includes

None: 1

Dockage

None: 1

Accounts & Meters

# Electric Meters: 6

Appliances

Dishwasher: 1 Range: 1 Refrigerator: 1

Property Info

# Kitchens: 6 # Range/Ovens: 6 1 Bed/Bath: 4 2 Bed/Bath: 1

Cooling

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

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1 Wood: 1

Interior Features

Cathedral Ceilings: 1 Drapes/Blinds Incl: 1

Windows/Doors

Aluminum Windows: 1 French Doors: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 3 Off Street Parking: 1

Construction

CBS: 1 Combo Construction: 1 Frame: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1 Separate Meters: 1

Miscellaneous

Fencing: 1 Well & Pump: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Deed Restrictions: Unknown Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Utilities: Buyer to Verify; FKAA; Municipal Sewer; Separate Meters Interior Features: Cathedral Ceilings; Drapes/Blinds Incl Appliances: Dishwasher; Range; Refrigerator Miscellaneous: Fencing; Well & Pump Construction: CBS; Combo Construction; Frame Floor: Tile; Wood Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None

Listing Office: Coldwell Banker Schmitt Real Estate Co. (KW)

Last Updated: September - 09 - 2024

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