721 South Street, Key West, FL 33040 (MLS# 608227)

721 South Street, Key West, FL 33040

$2,000,000

Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 3,605 Lot Size (sq. ft.): 11,240 Status: Closed

Current Price: $2,000,000 List Date: 1/17/2024 Last Modified: 4/30/2025

Description

Exceptional old town opportunity: 6 apartments, vast 11,240 sq. ft. lot, prime location. Limitless potential awaits, with endless possibilities to transform this property into something truly extraordinary. Building comprises 4 Units with 1 Bedroom and 1 Bathroom each, along with 1 Unit featuring 2 Bedrooms and 1 Bathroom, and another unit boasting 2 Bedrooms and 2 Bathrooms. Apartments are currently occupied by tenants, please refrain from disturbing them and schedule viewings accompanied by the listing agent. Prospective Buyers are encouraged to independently verify property rights.

More Information MLS# 608227

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Current Price: $2,000,000 Listing Date: 2024-01-17 Sold Price: $2,000,000

Location, Tax & Legal

KW Neighborhood: Casa Marina City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 1039012 Parcel #: 00038270-000000 Zoning: HRO - Historic Residential/Office Deed Restrictions: Unknown Legal: KW KW INVESTMENT CO SUB PB1-88 LOT 12 SQR 18 TR 17 OR174-324/25 OR503-910 OR873-286/287 OR1467-2182/84 OR2756-1747/49 Taxes: 14686.65 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 721 Street Name: South 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: Multi-family Waterfront: No Control Depth: 0 Lot Size: 47X120 + 56X100 Lot SqFt: 11240 Pool: No Total Units: 0 Acres: 0.13 SqFt Source: Property Data Card Rentals Allowed: Yes Style: Multi-Units Year Built: 1953 Living Apx SqFt: 3605 Total Bedrooms: 8 Full Baths: 7 Total Baths: 7

Remarks & Misc

Remarks – Consumer: Exceptional old town opportunity: 6 apartments, vast 11,240 sq. ft. lot, prime location. Limitless potential awaits, with endless possibilities to transform this property into something truly extraordinary. Building comprises 4 Units with 1 Bedroom and 1 Bathroom each, along with 1 Unit featuring 2 Bedrooms and 1 Bathroom, and another unit boasting 2 Bedrooms and 2 Bathrooms. Apartments are currently occupied by tenants, please refrain from disturbing them and schedule viewings accompanied by the listing agent. Prospective Buyers are encouraged to independently verify property rights. Directions: Located near the corner of South and William 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

Range: 1 Refrigerator: 1

Cooling

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

Waterfront

None: 1

Waterview

No Waterview: 1

Building Style

Above Flood: No Ground Level: 1 Stories: 2 Stories

Vehicle Storage

Off Street Parking: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

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

Status Change Info

Sold Date: 2024-02-23 Sold Price: $2,000,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Ground Level Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer Appliances: Range; Refrigerator Construction: CBS Land Size: Less Than 1/4 Acre

Documents

721 South Diagram ›

721 South ST Rent - SF Info ›

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: April - 30 - 2025

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.