218 Whitehead Street, Key West, FL 33040 (MLS# 596184)

218 Whitehead Street, Key West, FL 33040

$3,000,000

Property Type: Commercial Bedrooms: 3 Baths: 5 Square Footage: 7,462 Lot Size (sq. ft.): 6,878 Status: Closed

Current Price: $3,000,000 List Date: 5/21/2021 Last Modified: 9/09/2024

Description

First time offering of this Triple Net investment building after 32 years of ownership. Fully leased and in good condition. Current Tenant mix is 6 commercial spaces (#5 & #6 are combined) and one 3bd 2ba apartment. ADA access to spaces on 1st floor. Built above flood in the Mallory Square area of Old Town Key West. Adjacent to Mel Fisher Museum and across the street from Audobon House, Custom House and Mallory Square. Duval Loop Stop, Conch Train route and all tourist transportation pass by this location multiple times a day. Do not enter any of the businesses without Listing Agent. If financials are desired, CA is attached. Fill out and return.

More Information MLS# 596184

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: $3,000,000 Listing Date: 2021-05-20 Sold Price: $3,000,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Off Shore Island: No Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: AE Alternate Key #: 8732511 Parcel #: 00001630000700 Zoning: HPRD - Hist Planned Redevelopment & Dev Dist Legal: KW PT SQR 16 OR1005-78/128Q/C OR1017-367/368 OR1079-285/288 OR1152-1022/1023Q/C OR2408-1587/89C Taxes: 23534.12 Tax Year: 2020 Street #: 218 Street Name: Whitehead Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unrecord (1.0) County: Monroe Area: 01 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: irregular Lot SqFt: 6878 Total Units: 8 # Stories: 2 Building Ht. Ft.: 20 SqFt Source: Property Data Card Total # Buildings: 1 Building SqFt: 7755 Style: Commercial Living Apx SqFt: 7462 Year Built: 1942 Total Bedrooms: 3 Full Baths: 1 Half Baths: 4 Total Baths: 5

Remarks & Misc

Remarks – Consumer: First time offering of this Triple Net investment building after 32 years of ownership. Fully leased and in good condition. Current Tenant mix is 6 commercial spaces (#5 & #6 are combined) and one 3bd 2ba apartment. ADA access to spaces on 1st floor. Built above flood in the Mallory Square area of Old Town Key West. Adjacent to Mel Fisher Museum and across the street from Audobon House, Custom House and Mallory Square. Duval Loop Stop, Conch Train route and all tourist transportation pass by this location multiple times a day. Do not enter any of the businesses without Listing Agent. If financials are desired, CA is attached. Fill out and return. Directions: At the Whitehead and Greene St. intersection

Deed Restrictions

No: 1

Association Info

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

Type

Bar: 1 Grocery/Convenience: 1 Professional Service: 1 Restaurant: 1 Retail: 1 Shop/Strip Center: 1

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Common Area Mnt: 1 Sewer: 1 Water: 1

Dockage

None: 1

Appliances

Range: 1 Refrigerator: 1

Cooling

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

Waterfront

None: 1

Electric

220 Volt: 1 Circuit Breakers: 1

Waterview

No Waterview: 1

Floor

Concrete: 1 Tile: 1

Interior Features

Cathedral Ceilings: 1

Windows/Doors

Glass Doors: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Construction

CBS: 1 Concrete: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Separate Meters: 1

Title

Negotiable: 1

Miscellaneous

Handicap Access: 1 High Traffc Location: 1 High Visibility: 1 Residence on Premise: 1

Roof

Combo Roof: 1 Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Cable: 1 Electric: 1 Sewer: 1 Taxes: 1 Water: 1

Status Change Info

Sold Date: 2021-09-14 Sold Price: $3,000,000 Status: Closed

Property Features

Deed Restrictions: No Type: Bar; Grocery/Convenience; Professional Service; Restaurant; Retail; Shop/Strip Center Waterfront: None Waterview: No Waterview Dockage: None Cooling: Central Air; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Interior Features: Cathedral Ceilings Appliances: Range; Refrigerator Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Residence on Premise Construction: CBS; Concrete Electric: 220 Volt; Circuit Breakers Floor: Concrete; Tile Roof: Combo Roof; Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Sewer; Water Title: Negotiable Tenant Paid: Cable; Electric; Sewer; Taxes; Water

Documents

First floor footprint ›

Listing Office: Old Town Realty

Last Updated: September - 09 - 2024

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