$875,000

1008 White Street

Key West FL, 33040

Description

Price Reduced! Great Investment Potential! This multi-use property features two legal apartments and a licensed commercial space on the desirable White Street corridor. Both residential units have great income potential as the downstairs apartment is approximately 900 sf and includes a large living area and kitchen along with two bedrooms and a bath. It would make a great owners unit as it can also be opened up to the large backyard with a storage building and room for a pool. The upstairs unit is approximately 980 sf and is also a 2BR/1BA with substantial living and kitchen areas. The downstairs front of the building is home to a small grocery/take-out food service shop. Business is not for sale! Residential long term tenants (on month to month leases) are paying below market value

Details

MLS#591938
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1943
Days On Site85

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,527
Story(s)1 Story
Acreage0.13
Water FrontNone

Market Activity 33040

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Area Information
StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-S of Truman
Community NameGwynn Sub (1.0)
Listing VS Median (in Gwynn Sub (1.0))
Price:
$875,000
low | high
Med:
$749,000
64.4% of Average
SqFt:
2,527
low | high
Med:
1,086
100% of Average
$ / SqFt:
$346
low | high
Med:
$690
49.181583793738% of Average
On Site:
85
low | high
Med:
136
62.5% of Average
Listing Updated: 10/26/2020
Michael Spirnak LogoMLS Number: 591938
Listing Provided By:
Michael Spirnak  of  Berkshire Hathaway Knight Gardner Realty