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KEY WEST COMMERCIAL REAL ESTATE - MULTI FAMILY REAL ESTATE

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MLS#: 110189
Original Price: $649,500
Listing Price: $495,000
Address: 504 Catherine St  
City: Key West
Mile Marker: 1.0
Listing Date: 1/30/09
D.O.M. 404
Sq Ft: 1,646
Lot Sq .Ft. 3,456
Price per sq. ft. $300.73
Year Built: 1938
Taxes $7,240.00
Tax Year 2008
Prop Type: Multi Family
Sub Type:
Number of Units: 3

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Super Investment Opportunity! This property consists of 3 units in 2 buildings with common areas and outdoor space. Just steps off Duval street, this could be workforce housing or an extended family compound. 3 legal units, 3 electric/water meters. Total 4 BR/3BA with off street parking for 2 cars. Great income producing potential. Internet Data Exchange


MLS#: 109863
Original Price: $595,000
Listing Price: $535,000
Address: 510 Fleming St  
City: Key West
Mile Marker: 0.0
Listing Date: 12/15/08
D.O.M. 452
Sq Ft: 810
Lot Sq .Ft. 509
Price per sq. ft. $660.49
Year Built: 1994
Taxes $1,979.69
Tax Year 2007
Prop Type: Multi Family
Sub Type: Office Buildings,Mixed Use,Galleries,Retail
Number of Units: 2

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This is a wonderful opportunity to own a prime piece of Old Town Key West commercial real estate. This building was built in 1994 and has 2 units. The first floor unit is licensed for commercial use, and 2nd floor is a small studio apartment. The seller will consider seller financing with qualified buyer Internet Data Exchange


MLS#: 111894
Original Price: $649,000
Listing Price: $649,000
Address: 1214 Catherine St  
City: Key West
Mile Marker: 0.0
Listing Date: 11/8/09
D.O.M. 124
Sq Ft: 3,208
Lot Sq .Ft. 3,682
Price per sq. ft. $202.31
Year Built: 1933
Taxes $6,009.00
Tax Year 2009
Prop Type: Multi Family
Sub Type: Other/See Remarks
Number of Units: 7

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Great investment opportunity! Work Force Housing! This property consists two buildings with 5 Licensened Rental Units and 2 lockouts, with Gross Income of $7,750 per month. There are 5 Electric Meters, and 5 Water Meters. The property is located in Old Town in an X zone, so no flood insurance is required. Internet Data Exchange


MLS#: 111577
Original Price: $1,195,000
Listing Price: $923,000
Address: 812 Baptist Ln  
City: Key West
Mile Marker: 1.0
Listing Date: 9/16/09
D.O.M. 177
Sq Ft: 2,832
Lot Sq .Ft. 6,182
Price per sq. ft. $325.92
Year Built: 1938
Taxes $8,048.78
Tax Year 2008
Prop Type: Multi Family
Sub Type:
Number of Units: 6

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Excellent opportunity to purchase a large Multi-family compound located in Old Town Key West. There are two separate apartment buildings containing six total units. Four plex consiting of four individual separate 1 bedroom, 1 bath renovated apts are located at 812 Baptist Lane. Additional duplex consiting of individual separate 1 bedroom, 1 bath apts are located at 814 Baptist Ln. and are in need of renovation. Property is located on an Old Town lane with plenty of off-street parking. A third structure is also located on the property and is currently being used for storage. One of the owners is a Florida licensed realtor. Internet Data Exchange


MLS#: 111284
Original Price: $995,000
Listing Price: $995,000
Address: 1321 Newton St  
City: Key West
Mile Marker: 1.0
Listing Date: 7/28/09
D.O.M. 227
Sq Ft: 4,011
Lot Sq .Ft. 4,853
Price per sq. ft. $248.07
Year Built: 1929
Taxes $8,281.00
Tax Year 2008
Prop Type: Multi Family
Sub Type:
Number of Units: 0

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Located in The Meadows on a lovely block of Newton Street. This is a classic two story conch house originally built in 1929 with two levels offering over 1100 SF of wrap around porches and approx. 4000 SF of interior space. Currently configured as multi-family income property, it has the potential of a handsome single family conversion or maintiined as an income property. Current gross income is over $50,000 per year. Off street parking for 1 car. 24 hr notice for showings. Internet Data Exchange


MLS#: 112218
Original Price: $995,000
Listing Price: $995,000
Address: 649 William St  
City: Key West
Mile Marker: 2.0
Listing Date: 12/30/09
D.O.M. 72
Sq Ft: 2,475
Lot Sq .Ft. 4,930
Price per sq. ft. $402.02
Year Built: 1933
Taxes $7,579.83
Tax Year 2009
Prop Type: Multi Family
Sub Type:
Number of Units: 6

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Approximate 2,500 sq.ft. Old Town apartment blding. (6) varied sized units situated in a 2 1/2 conch house, located just off the corner of William Street & Windsor Lane. Densely landscaped front yard lined with tall palms. Informal plans on file to convert the building back to a large single family home with pool representing the probable highest and best use of the property with the elegantly renovated, highly priced homes lining William St. Currently (3) one bdrm units, (2) efficiencies and (1) two bedroom apartment. Presently used as employee housing for a local restaurant generating approximately $72,000 gross income - $23,000 in expenses producing a net income of approx. $50,000. Possible owner financing with a wrap around mortgage. Internet Data Exchange


MLS#: 112358
Original Price: $1,300,000
Listing Price: $1,300,000
Address: 1100 Margaret St  
City: Key West
Mile Marker: 1.0
Listing Date: 1/21/10
D.O.M. 50
Sq Ft: 3,712
Lot Sq .Ft. 7,907
Price per sq. ft. $350.22
Year Built: 1938
Taxes $9,227.00
Tax Year 2009
Prop Type: Multi Family
Sub Type: Other/See Remarks
Number of Units: 5

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Well maintained 5 Plex in Old Town, Key West. Victorian Mansion with lots of custom tile work, inside and out. 4 rental units and owner's unit make up current use. Warm wood floors and trim, custom bathrooms, private gardens and covered porches are some of the charm of this stately home. Never a vacancy. Large corner lot, off-street parking for 2 cars. Excellent for Owner looking for steady income.. Internet Data Exchange


MLS#: 111056
Original Price: $1,500,000
Listing Price: $1,500,000
Address: 1301 Truman Ave  
City: Key West
Mile Marker: 1.0
Listing Date: 6/18/09
D.O.M. 267
Sq Ft: 3,178
Lot Sq .Ft. 6,246
Price per sq. ft. $472.00
Year Built: 1938
Taxes $10,170.83
Tax Year 2008
Prop Type: Multi Family
Sub Type:
Number of Units: 8

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An 8 unit apartment building located on a prime corner - Truman Avenue and Georgia Street. Building is in very good condition and includes 4 efficiency units and 4 one bedroom units. Recent electrical service upgrade - all units are separately metered for electric. Property is 1.5 lots with great outdoor space including a 15' x 30' pool with water service to pool provided by well. Internet Data Exchange


MLS#: 111971
Original Price: $1,590,000
Listing Price: $1,590,000
Address: 207 Petronia St  
City: Key West
Mile Marker: 1.0
Listing Date: 11/24/09
D.O.M. 108
Sq Ft: 3,600
Lot Sq .Ft. 4,820
Price per sq. ft. $441.67
Year Built: 1997
Taxes $10,532.20
Tax Year 2009
Prop Type: Multi Family
Sub Type: Office Buildings,Restaurant/Bar,Shop/Strip Center,Mixed Use,Galleries,Grocery/Convenience,Professional Service,Retail
Number of Units: 5

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Building was built in 1997. Two commercial spaces on ground floor, one space vacant, other currently leased to Santiagos (one year remaining) and three 2bedroom. 1 bath units on second floor. Mature landscaping, sitting patios up and down. Well maintained. This is the closest restaurant to the Truman Annex waterfront, soon to begin development. Internet Data Exchange


MLS#: 112456
Original Price: $1,750,000
Listing Price: $1,750,000
Address: 309 Louisa St  
City: Key West
Mile Marker: 1.0
Listing Date: 2/4/10
D.O.M. 36
Sq Ft: 3,711
Lot Sq .Ft. 9,430
Price per sq. ft. $471.57
Year Built: 1943
Taxes $11,547.00
Tax Year 2008
Prop Type: Multi Family
Sub Type: Guest Houses/B&B
Number of Units: 0

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Papa's Hideaway is a small, beautifully appointed Old Town Key West guesthouse property offering 2 buildings on a 80x118' lot with large pool and mature landscaping. The two story building has 4 bathrooms. The single story owners' quarters is an architectural gem, 1,000 sq. ft. with 2bd/2ba and a wrap around deck overlooking veautiful pool. Easily manageable as a guesthouse or convert to a transient vacation rental compound with large owner's quarters. Tucked away on Louisa Street, just one block to Duval and two blocks to Southernmost Point. Perfect home to live in and still have a nice income. Internet Data Exchange


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