718 Duval Street, Key West, FL 33040 (MLS# 591409)

718 Duval Street, Key West, FL 33040

$2,670,000

Virtual Tour

https://my.matterport.com/show/?m=yArbwK4EGQt

Property Type: Commercial Bedrooms: 4 Baths: 7 Square Footage: 3,105 Lot Size (sq. ft.): 3,165 Status: Closed

Current Price: $2,670,000 List Date: 6/25/2020 Last Modified: 9/09/2024

Description

*Unique Investment opportunity in the heart of Duval St.* Property includes a commercial space downstairs with two Transient units above. Each unit has 2BR and 2.5 BA which can be rented as one large 4 BR penthouse or separately as two 2BR/ 2.5 BA units. Front unit has a balcony that overlooks Duval St and rear unit has its own private balcony.There is one covered parking space in the back of property and additional parking for up to two cars. When you step into the Penthouse, you will be swept away by the unique design - a combination of Caribbean charm and historic architecture. The property has been a successful vacation rental for many years. Located in the X flood zone. Rental units offered furnished.

More Information MLS# 591409

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: $2,670,000 Listing Date: 2020-06-24 Sold Price: $2,670,000

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: Ocean Flood Zone: X Alternate Key #: 1016489 Parcel #: 00016100-000000 Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl Legal: KW PT LOT 3 SQR 3 TR 4 G58-294/95 OR477-246/47 OR667-877/78 PROBATE DOCKET #82-223 CASE #82-223-CP-12 OR918-2247RS OR921 Taxes: 7467.12 Tax Year: 2019 Street #: 718 Street Name: Duval 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: 26.17 x 121 Lot SqFt: 3165 Total Units: 3 # Parking Spaces: 1 Off Street Parking: 1 # Stories: 3 SqFt Source: Appraisal Total # Buildings: 1 Building SqFt: 3803 Style: Commercial Living Apx SqFt: 3105 Year Built: 1935 Total Bedrooms: 4 Full Baths: 4 Half Baths: 3 Total Baths: 7

Remarks & Misc

Remarks – Consumer: *Unique Investment opportunity in the heart of Duval St.* Property includes a commercial space downstairs with two Transient units above. Each unit has 2BR and 2.5 BA which can be rented as one large 4 BR penthouse or separately as two 2BR/ 2.5 BA units. Front unit has a balcony that overlooks Duval St and rear unit has its own private balcony.There is one covered parking space in the back of property and additional parking for up to two cars. When you step into the Penthouse, you will be swept away by the unique design - a combination of Caribbean charm and historic architecture. The property has been a successful vacation rental for many years. Located in the X flood zone. Rental units offered furnished. Directions: US1 to Truman, right on Duval, property is on left hand side. Parking behind building (enter via Dupree Alley).

Deed Restrictions

Unknown: 1

Association Info

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

License Info

# of City License: 2 # of County License: 2 # of Transient Licns: 2

Type

Other Comrcl Style: 1 Retail: 1

Fee Includes

None: 1

Dockage

None: 1

Accounts & Meters

# Water Meters: 3

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Property Info

# Kitchens: 2 # Refrigerators: 2 # Range/Ovens: 2 # Washers: 2 # Dryers: 2 # Dishwashers: 2 License Included: 1 2 Bed/Bath: 2

Cooling

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

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1 Other: 1

Interior Features

Cathedral Ceilings: 1 Drapes/Blinds Incl: 1 Furnished: 1 Smoke Alarms: 1 Window Treatments: 1

Windows/Doors

French Doors: 1 Glass Doors: 1 Wood Windows: 1

Vehicle Storage

Car(s): 1 Covered Parking: 1 Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Buyer Obtain Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Separate Meters: 1

Title

Negotiable: 1

Property Rights

Multi-Use/Commercial: 1 Transient License: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Residence on Premise: 1 Security System: 1 Sprinkler System: 1 Storage: 1

Roof

Metal Roof: 1 Shingle Roof: 1

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Bahama: 1

Status Change Info

Sold Date: 2021-09-14 Sold Price: $2,670,000 Status: Closed

Property Features

Deed Restrictions: Unknown Property Info: License Included Type: Other Comrcl Style; Retail Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Covered Parking; Off Street Parking Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Furnished; Smoke Alarms; Window Treatments Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Miscellaneous: High Traffc Location; High Visibility; Residence on Premise; Security System; Sprinkler System; Storage Construction: Frame Shutters: Bahama Floor: Tile; Other Roof: Metal Roof; Shingle Roof Land Size: Less Than 1/4 Acre Fee Includes: None Terms: Buyer Obtain Finance Title: Negotiable Property Rights: Multi-Use/Commercial; Transient License

Documents

718 Duval St Sketch and Sq Footage ›

718 Duval St. INFO Sheet ›

Listing Office: Bascom Grooms Real Estate (KW)

Last Updated: September - 09 - 2024

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