923 Toppino Drive, Key West, FL 33040 (MLS# 118142)

923 Toppino Drive, Key West, FL 33040

$2,900,000

Property Type: Commercial Lot Size (sq. ft.): 28,183 Status: Closed

Current Price: $2,900,000 List Date: 5/30/2013 Last Modified: 9/09/2024

Description

A rare Key West strip center available for sale. Toppino Drive Shopping Center is home to the Key West Surgery Center, the anchor tenant, which completed a massive renovation of their facility in 2008 which included a new roof for the entire center, new parking lot and major upgrades to the utilities feeding the center. The center contains four units (two of which are occupied by H & R block) and is above flood level making it a perfect medical, office or retail facility. This property is perfect for an investor looking for security or a user that wants to take advantage of historically low interest rates and rental income from the surrounding tenants. This property would also be a perfect 1031 Exchange candidate.

More Information MLS# 118142

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: No Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $2,900,000 Listing Date: 2013-05-30 Sold Price: $2,900,000

Location, Tax & Legal

KW Neighborhood: New Town City: KEY WEST Mile Marker: 3 Side: Bay/Gulf Alternate Key #: 8744218 Bldg Nbr: 0 Zoning: CG - General Commercial Taxes: 28632 Tax Year: 2013 Street #: 923 Street Name: Toppino Street Suffix: Drive Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unlisted (1.0) County: Monroe Area: 03 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Lot SqFt: 28183 Business Name: Toppino Dr. Shopping # Parking Spaces: 0 # Stories: 0 Building Ht. Ft.: 0 Total # Buildings: 0 Building SqFt: 11565 Style: Commercial Year Built: 1990

Remarks & Misc

Remarks – Consumer: A rare Key West strip center available for sale. Toppino Drive Shopping Center is home to the Key West Surgery Center, the anchor tenant, which completed a massive renovation of their facility in 2008 which included a new roof for the entire center, new parking lot and major upgrades to the utilities feeding the center. The center contains four units (two of which are occupied by H & R block) and is above flood level making it a perfect medical, office or retail facility. This property is perfect for an investor looking for security or a user that wants to take advantage of historically low interest rates and rental income from the surrounding tenants. This property would also be a perfect 1031 Exchange candidate.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

Type

Office Buildings: 1 Other Comrcl Style: 1 Professional Service: 1 Retail: 1 Shop/Strip Center: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Cooling

Central Air: 1

Construction

CBS: 1

Land Size

1/2 - Less Than 1 AC: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2015-02-26 Sold Price: $2,900,000 Status: Closed

Property Features

Deed Restrictions: Unknown Type: Office Buildings; Other Comrcl Style; Professional Service; Retail; Shop/Strip Center Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility Construction: CBS Land Size: 1/2 - Less Than 1 AC

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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