417 Southard Street, Key West, FL 33040 (MLS# 598948)

417 Southard Street, Key West, FL 33040

$2,650,000

Property Type: Commercial Bedrooms: 6 Baths: 6 Square Footage: 6,459 Lot Size (sq. ft.): 4,888 Status: Closed

Current Price: $2,650,000 List Date: 3/30/2022 Last Modified: 9/09/2024

Description

Rare investment opportunity perfect for a 1031, tap into the existing & growing tourism district of Key West Florida. Premium Old Town location on Southard Street steps off Duval and Whitehead Street. This mixed-use building has 4 units and is approximately 6,459sq.ft. of space: one 4-bedroom apartment, one 2-bedroom apartment both sharing an oversized sundeck & two commercial store front spaces with Tenants in place. Please do not disturb Tenants.

More Information MLS# 598948

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $2,650,000 Listing Date: 2021-12-23 Sold Price: $2,650,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: N/A Flood Zone: X Alternate Key #: 1010324 Parcel #: 00010040-000000 Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl Legal: KW PT LTS 1 AND 4 SQR 51 G39-230/31 OR292-407/08 OR343-377/78 OR819-2299L/E OR914-905 OR1259-203/18F/J OR1504-887/88 OR2 Taxes: 13994.83 Tax Year: 2021 Street #: 417 Street Name: Southard Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unlisted (1.0) County: Monroe Area: 02 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 97.8X50 Lot SqFt: 4888 Total Units: 4 # Parking Spaces: 2-3 Off Street Parking: yes # Stories: 2 SqFt Source: Tax Records Building SqFt: 6459 Style: Commercial Living Apx SqFt: 6459 Year Built: 1928 Total Bedrooms: 6 Full Baths: 4 Half Baths: 2 Total Baths: 6

Remarks & Misc

Remarks – Consumer: Rare investment opportunity perfect for a 1031, tap into the existing & growing tourism district of Key West Florida. Premium Old Town location on Southard Street steps off Duval and Whitehead Street. This mixed-use building has 4 units and is approximately 6,459sq.ft. of space: one 4-bedroom apartment, one 2-bedroom apartment both sharing an oversized sundeck & two commercial store front spaces with Tenants in place. Please do not disturb Tenants. Directions: On Southard Street between Duval Street & Whitehead Street

Association Info

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

License Info

Other/See Remarks: 1

Type

Apartment 3 or more: 1 Bar: 1 Other Comrcl Style: 1 Professional Service: 1 Retail: 1 Other Services: 1

Fee Includes

Other: 1

Dockage

None: 1

Appliances

Other: Apt Appliances

Cooling

Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Vehicle Storage

Off Street Parking: 1

Construction

CBS: 1

Land Size

None: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Miscellaneous

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

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2022-06-15 Sold Price: $2,650,000 Status: Closed

Property Features

License Info: Other/See Remarks Type: Apartment 3 or more; Bar; Other Comrcl Style; Professional Service; Retail; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility; Residence on Premise Construction: CBS Roof: Metal Roof Land Size: None Fee Includes: Other

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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