714 Thomas Street

Key West, FL 33040
  • $4,999,000
  • STATUS: Active
  • ON SITE: 17 days
  • MLS #: 590237
UPDATED: 26 min ago
$4,999,000
  • 11
    BEDS
  • 0.24
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 5,210
    SQFT
  • $960
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1923
County:

School Ratings & Info

Description

This is a very unique Key West rental property. (5) licensed transient rental houses. Excellent investment opportunity - low operating expenses, positive cash, owner financing possible. Private gated income producing rental compound located (2) blks from center of Duval St. One of the largest residential parcels in Old Town Key West. (5) existing residential transient rental units, approved plans & permit to build a new 2 story, 6th residence on corner of Thomas and Angela Sts.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.islandhomeskeywest.com/homes/104066358

714 Thomas Street Key West, FL 33040

  • Price: $4,999,000
  • Status: Active
  • Updated: 26 min ago
  • MLS #: 590237
11
Beds
5
Baths
1
½ Baths
0.24
Acres
5,210
SQFT
$960
$/SQFT
1923
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
This is a very unique Key West rental property. (5) licensed transient rental houses. Excellent investment opportunity - low operating expenses, positive cash, owner financing possible. Private gated income producing rental compound located (2) blks from center of Duval St. One of the largest residential parcels in Old Town Key West. (5) existing residential transient rental units, approved plans & permit to build a new 2 story, 6th residence on corner of Thomas and Angela Sts.
Exterior Features

Building Height Ft 0.00 Construction Frame Dockage None Land Size Less Than 1/4 Acre Lot Size 108'X49' + 98'X54' Miscellaneous Hot TubManager On PremisesPoolResidence On PremiseSecurity SystemSprinkler SystemStorage Off Street Parking Yes Parking Spaces 3 Roof Metal Roof Shutters BahamaStorm Shutters Side Median Style Residential Income Vehicle Storage Guest ParkingOff Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DishwasherDisposalDryerRangeRefrigeratorWasher Cooling Heating Ceiling FansCentral A/CHeat Dishwashers 1 Floor CarpetLaminateTile Floor Interior Features Drapes/Blinds InclSmoke Alarms Kitchens 5 Net Leasable Area 5210.00 Range Ovens 5 Refrigerators 5 Washers 3 Windows Doors Double Hung WindowsFrench DoorsGlass DoorsWood Windows

Property Features

Assoc Approval Req No Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Bahama GardensLtd. City Key West Commercial Type Apartment 3 Or MoreHotel/MotelOther Comrcl Style Control Depth 0 Deed Restrictions No Dryers 3 Electric 220 VoltCircuit BreakersSingle Phase Electric Meters 5 Fee Includes Bldg Exterior MntBuilding InsuranceCableCommon Area MntSewerWater Fema List Yes Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-N Of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 0.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Info License Included Property Rights Multi-Use/CommercialTranfrble Bldg PrmtTransient License Property Type Rental Sewer Accounts 6 Sq Ft Source La Measured Tax Year 2019 Taxes 18634.78 Terms Seller Finance Psble Title Negotiable Total Units 5.00 Utilities FkaaMunicipal SewerPropane GasSeparate MetersWell Water Meters 6 Year Established 1989-01-01 Zoning Hmdr - Historic Medium Density Residential

Listing courtesy of Steven A Justi of Saj Investments, Inc (Kw).


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty
336 Duval Street
Key West FL, 33040