316 Elizabeth Street, Key West, FL 33040 (MLS# 109045)

316 Elizabeth Street, Key West, FL 33040

$1,780,000

Property Type: Commercial Lot Size (sq. ft.): 12,060 Status: Closed

Current Price: $1,780,000 List Date: 7/30/2008 Last Modified: 9/09/2024

Description

Attractive historic three-story building totaling eight residential income producing apartments. Situated on a huge 12,060 Sq Ft Old Town lot with incredible opportunity for development, as existing 4900 sq ft structure sits on the very front of the lot. The historic building currently includes two 2BD/1BA apartments, four 1BD/1BA apt's and two spacious studio apartments. In wonderful shape, with updated electric, new PVC Plumbing & many new windows, stained glass doors, tall ceiling heights, hardwood floors, 3rd story terrace and an enormous amount of off-street parking (26 spaces). Great income producer as is or plans approved for an additional 2 units & pool. Owner is a licensed Florida Realtor.

More Information MLS# 109045

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: $1,780,000 Listing Date: 2008-07-29 Sold Price: $1,780,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Side: Median Flood Zone: X500 Alternate Key #: 1004111 Parcel #: 00003950-000000 Bldg Nbr: 0 Zoning: HMDR - Historic Medium Density Residential Legal: Kw Pt Lot 2 Sqr 23 G9-348/51 G73-410/11 H1-159 Or5 39-866 Or562-204 Or934-2104q/C Or970-146 Or974... Taxes: 20096 Tax Year: 2006 Street #: 316 Street Name: Elizabeth Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unlisted (1.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Lot Size: 201 x 60 Lot SqFt: 12060 Business Name: N/A Total Units: 8 # Parking Spaces: 26 Off Street Parking: Yes # Stories: 3 Building Ht. Ft.: 0 Total # Buildings: 1 Building SqFt: 4900 Style: Residential Income Year Built: 1933

Remarks & Misc

Remarks – Consumer: Attractive historic three-story building totaling eight residential income producing apartments. Situated on a huge 12,060 Sq Ft Old Town lot with incredible opportunity for development, as existing 4900 sq ft structure sits on the very front of the lot. The historic building currently includes two 2BD/1BA apartments, four 1BD/1BA apt's and two spacious studio apartments. In wonderful shape, with updated electric, new PVC Plumbing & many new windows, stained glass doors, tall ceiling heights, hardwood floors, 3rd story terrace and an enormous amount of off-street parking (26 spaces). Great income producer as is or plans approved for an additional 2 units & pool. Owner is a licensed Florida Realtor.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

License Info

# of City License: 8 # of County License: 8 Non Trans Rntl Lic: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Cooling

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

Electric

Circuit Breakers: 1

Floor

Carpet: 1 Vinyl: 1 Wood: 1 Other: 1

Windows/Doors

Other Windows/Doors: 1 Wood Windows: 1

Vehicle Storage

Car(s): 4+ Off Street Parking: 1

Construction

Frame: 1

Land Size

1/4 - 1/2 Acre: 1

Utilities

Cistern: 1 FKAA: 1 Municipal Sewer: 1

Title

Negotiable: 1

Show

Pet on Premises: 1

Miscellaneous

Residence on Premise: 1

Roof

Metal Roof: 1

Financial Status

Potential Short Sale: No

Tenant Paid

Cable: 1 Electric: 1

Status Change Info

Sold Date: 2009-07-08 Sold Price: $1,780,000 Status: Closed

Property Features

Deed Restrictions: Unknown License Info: Non Trans Rntl Lic Dockage: None Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Cistern; FKAA; Municipal Sewer Miscellaneous: Residence on Premise Construction: Frame Electric: Circuit Breakers Floor: Carpet; Vinyl; Wood; Other Roof: Metal Roof Land Size: 1/4 - 1/2 Acre Title: Negotiable Tenant Paid: Cable; Electric Show: Pet on Premises

Listing Office: Truman & Co. (KW)

Last Updated: September - 09 - 2024

Broker Attribution: 305-587-3407

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