3032 N Roosevelt Boulevard, Key West, FL 33040 (MLS# 112684)

3032 N Roosevelt Boulevard, Key West, FL 33040

$2,280,000

Property Type: Commercial Lot Size (sq. ft.): 24,900 Status: Closed

Current Price: $2,280,000 List Date: 3/16/2010 Last Modified: 9/09/2024

Description

Approximately 1.5 years remaining on current 5 year option term. Five additional 5 year option terms potentially. 4% increases every November. AAA rated tenant already in place for the past 23 years. Parent company, Tasco, a fortune 500 company. Strong monthy income with absolute net rent. Owner need not be conerned about maintenance, repairs, painting, etc. No management needed, check is in the mail. Tenant has the Right of First Refusal.

More Information MLS# 112684

Contract Information

Listing Board: Key West Association Range Pricing: No Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No For Sale/Lease: For Sale Current Price: $2,280,000 Listing Date: 2010-03-16 Sold Price: $2,280,000

Location, Tax & Legal

KW Neighborhood: New Town City: KEY WEST Mile Marker: 2.5 Side: Bay/Gulf Alternate Key #: 1068535 Bldg Nbr: 0 Legal: see listing office Taxes: 10950.01 Tax Year: 2009 Street #: 3032 Direction: N Street Name: Roosevelt Street Suffix: Boulevard Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: New Town - Unlisted (2.0) Area: 03 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Lot Size: 150 x 201.25 Approx. Lot SqFt: 24900 Business Name: Circle K Year Established: 1987-01-01 # Parking Spaces: 0 # Stories: 1 Building Ht. Ft.: 0 Total # Buildings: 1 Building SqFt: 2549 Style: Commercial Year Built: 1961

Remarks & Misc

Remarks – Consumer: Approximately 1.5 years remaining on current 5 year option term. Five additional 5 year option terms potentially. 4% increases every November. AAA rated tenant already in place for the past 23 years. Parent company, Tasco, a fortune 500 company. Strong monthy income with absolute net rent. Owner need not be conerned about maintenance, repairs, painting, etc. No management needed, check is in the mail. Tenant has the Right of First Refusal.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Waterview

Bay/Gulf View: 1

Floor

Vinyl: 1

Construction

CBS: 1

Land Size

1/2 - Less Than 1 AC: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Seller: 1

Miscellaneous

Highway Frontage: 1

Financial Status

Potential Short Sale: No

Tenant Paid

Electric: 1 Garbage: 1 Insurance: 1 Sewer: 1 Taxes: 1 Water: 1

Status Change Info

Sold Date: 2011-04-01 Sold Price: $2,280,000 Status: Closed

Property Features

Deed Restrictions: Unknown Waterview: Bay/Gulf View Dockage: None Utilities: FKAA; Municipal Sewer Miscellaneous: Highway Frontage Construction: CBS Floor: Vinyl Land Size: 1/2 - Less Than 1 AC Title: Title Ins - Seller Tenant Paid: Electric; Garbage; Insurance; Sewer; Taxes; Water

Listing Office: SBX Real Estate, LLC (KW)

Last Updated: September - 09 - 2024

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