700 Elizabeth Street, Key West, FL 33040

$1,600,000
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,588 Lot Size (sq. ft.): 2,652 Status: Closed
Current Price: $1,600,000 List Date: 7/10/2023 Last Modified: 8/25/2024

Description

Step into the rich history of Key West with this 2-story property perched atop the highest point in Key West, Solaris Hill. Located at the corner of Elizabeth and Angela Streets in the heart of Old Town, this rare gem offers charming balcony porches that overlook the vibrant town below. Totaling of 5 bedrooms and 2 baths, the property is currently divided into 2 units, providing versatility for various living arrangements. It features a spacious 3-bedroom, 1-bath unit, as well as a comfortable 2-bedroom, 1-bath unit, making it perfect for 2 families or families with in-laws or adult children seeking their own space, or even as a home and income opportunity. Inside, you'll be greeted by tall ceilings, Pine walls & a mix of hardwood, bamboo, and tile flooring, giving the home a timeless appeal. The potential of this residence is boundless with an enormous attic space and all just waiting for your creative vision to bring it back to its full glory. In addition to the main house, the backyard has two separate buildings, providing storage for all your belongings, as well as space for your all your equipment and tools. You'll also find the convenience of TWO off-street parking spaces, ensuring you never have to worry about finding a spot. Ideally situated just two blocks off Duval Street, it offers a walkable lifestyle to all the galleries, shops, and fine restaurants that Key West has to offer. Licensed for 2 units with 2 water meters and 2 electric meters, it falls within the highly desirable flood zone X providing you with the best in location and peace of mind. Don't miss out on owning a piece of Key West's history!

More Information MLS# 605926

Contract Information

Listing Board: Key West Association Bank Owned: No Current Price: $1,600,000 Listing Date: 2023-07-10 Sold Price: $1,600,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: X Alternate Key #: 1018635 Parcel #: 00018130-000000 Zoning: HHDR - Historic High Density Residential Deed Restrictions: Unknown Legal: KW PT LOTS 1-2 OF TR 5 YY-343 B OR W C-271/72 OR453-79/81 OR996-1717/19 OR998-477/78 OR1006-38/42 OR1011-500 OR1023-710 Taxes: 7741.13 Tax Year: 2022 Pub Sewer HkUp: Yes Street #: 700 Street Name: Elizabeth Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Old Town - Unlisted (1.0) Area: 02 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 2652 Pool: No Lot Sqft Source: Property Data Card Total Units: 0 SqFt Source: Appraisal Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Duplex Year Built: 1923 Living Apx SqFt: 2588 Total Bedrooms: 5 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Step into the rich history of Key West with this 2-story property perched atop the highest point in Key West, Solaris Hill. Located at the corner of Elizabeth and Angela Streets in the heart of Old Town, this rare gem offers charming balcony porches that overlook the vibrant town below. Totaling of 5 bedrooms and 2 baths, the property is currently divided into 2 units, providing versatility for various living arrangements. It features a spacious 3-bedroom, 1-bath unit, as well as a comfortable 2-bedroom, 1-bath unit, making it perfect for 2 families or families with in-laws or adult children seeking their own space, or even as a home and income opportunity. Inside, you'll be greeted by tall ceilings, Pine walls & a mix of hardwood, bamboo, and tile flooring, giving the home a timeless appeal. The potential of this residence is boundless with an enormous attic space and all just waiting for your creative vision to bring it back to its full glory. In addition to the main house, the backyard has two separate buildings, providing storage for all your belongings, as well as space for your all your equipment and tools. You'll also find the convenience of TWO off-street parking spaces, ensuring you never have to worry about finding a spot. Ideally situated just two blocks off Duval Street, it offers a walkable lifestyle to all the galleries, shops, and fine restaurants that Key West has to offer. Licensed for 2 units with 2 water meters and 2 electric meters, it falls within the highly desirable flood zone X providing you with the best in location and peace of mind. Don't miss out on owning a piece of Key West's history! Directions: Corner of Elizabeth St. & Angela St.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

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

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1 Wood: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Vehicle Storage

Car(s): 2 Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 Cistern: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Open Porch/Balcony: 1

Exterior Features

Storage: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No

Status Change Info

Sold Date: 2023-07-26 Sold Price: $1,600,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Cistern; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Storage Construction: Frame Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional
Listing Office: Truman & Co. (KW)
Last Updated: August - 25 - 2024
Broker Attribution: 305-587-3407

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.