900 Kennedy Drive, Key West, FL 33040 (MLS# 591571)

900 Kennedy Drive, Key West, FL 33040

$6,600,000

Property Type: Commercial Baths: 16 Square Footage: 22,211 Lot Size (sq. ft.): 61,420 Status: Closed

Current Price: $6,600,000 List Date: 7/06/2020 Last Modified: 9/09/2024

Description

Kennedy Plaza is one of the less than five community shopping centers on the island of Key West. The shopping center is centrally located on the main local business thoroughfare, Kennedy Drive, convenient to local shops and a majority of the local Key West athletic fields and complexes. Variety of 15 Commercial Tenants, ample parking, approximately ~22,211sf finished on a 1.41 acre parcel. Large mixed use shopping centers in Key West are rarely offered for sale because of their better than average occupancy rates, limited competition and captive shopping audience. The shopping center is perfect for a long term investor or a 1031 exchange. Please do not disturb Tenants.

More Information MLS# 591571

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $6,600,000 Listing Date: 2020-07-03 Sold Price: $6,600,000

Location, Tax & Legal

KW Neighborhood: New Town City: KEY WEST Mile Marker: 2 Marathon Neighborhood: N/A Side: N/A Flood Zone: AE Alternate Key #: 1068527 Parcel #: 00065660-000000 Zoning: CG - General Commercial Legal: KW PLAT OF SURVEY OF LANDS ON ISLAND OF KEY WEST MONROE COUNTY FLA PT TR 9 PB3-35 (PARCEL LYING SW'LY OF 13TH ST) OR406- Taxes: 25928.27 Tax Year: 2019 Street #: 900 Street Name: Kennedy Street Suffix: Drive Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: New Town - Unlisted (2.0) County: Monroe Area: 03 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 302X198 Lot SqFt: 61420 Total Units: 15 SqFt Source: Tax Records Building SqFt: 22211 Style: Commercial Living Apx SqFt: 22211 Year Built: 1972 Half Baths: 16 Total Baths: 16

Remarks & Misc

Remarks – Consumer: Kennedy Plaza is one of the less than five community shopping centers on the island of Key West. The shopping center is centrally located on the main local business thoroughfare, Kennedy Drive, convenient to local shops and a majority of the local Key West athletic fields and complexes. Variety of 15 Commercial Tenants, ample parking, approximately ~22,211sf finished on a 1.41 acre parcel. Large mixed use shopping centers in Key West are rarely offered for sale because of their better than average occupancy rates, limited competition and captive shopping audience. The shopping center is perfect for a long term investor or a 1031 exchange. Please do not disturb Tenants.

Association Info

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

License Info

Other/See Remarks: 1

Type

Other Comrcl Style: 1 Retail: 1 Shop/Strip Center: 1 Other Services: 1

Fee Includes

Other: 1

Dockage

None: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Vehicle Storage

Common Parking: 1 Off Street Parking: 1

Construction

CBS: 1

Land Size

1 Less Than 2 Acres: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Miscellaneous

Handicap Access: 1 High Traffc Location: 1 High Visibility: 1 Other Miscellaneous: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2021-06-22 Sold Price: $6,600,000 Status: Closed

Property Features

License Info: Other/See Remarks Type: Other Comrcl Style; Retail; Shop/Strip Center; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Off Street Parking Utilities: FKAA; Municipal Sewer Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Other Miscellaneous Construction: CBS Land Size: 1 Less Than 2 Acres Fee Includes: Other

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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