Description
NEW PRICE! UNITS ARE LESS THAN 200K EACH!!!20 Condominium units on the water with great monthly rental income! Rare opportunity to purchase twenty condominiums just minutes from Key West and close to NAS-Key West. Units are 1 bedroom 1 bath with balconies and assigned parking spaces for each unit. Currently all rented long term. This would make great employee housing or possible conversion to vacation rentals. Suburban Commercial zoning permits short term vacation rentals. Building A with sunset views- 6 units, Building B (middle building)- 9 units, and Building C- 5 units. Great opportunity to have controlling interest of Bayside Condominiums as the owner of 20 out of 39 total units. Bayside Condominiums are VA approved making them very marketable for resale individually.
Details
| MLS# | 591780 |
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| Listing Type | For Sale |
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| Style | Industrial |
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| Sub-Type | Resale |
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| Status | Active |
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| Year | 1974 |
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| Days On Site | 217 |
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Features
| Story(s) | 3 |
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| Units | 20 |
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| Zoning | SC - Sub Urban Commercial Distri |
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| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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| Date: Dec 2020 | Sales: 4 | Avg $ Per SqFt: $538.45 | Min Sale Price: $350,000 | Max Sale Price: $924,000 | Med Sale Price: $545,000 |
| Date: Nov 2020 | Sales: 4 | Avg $ Per SqFt: $367.33 | Min Sale Price: $225,000 | Max Sale Price: $459,000 | Med Sale Price: $230,000 |
| Date: Oct 2020 | Sales: 7 | Avg $ Per SqFt: $629.6 | Min Sale Price: $175,000 | Max Sale Price: $1,525,000 | Med Sale Price: $500,000 |
| Date: Sep 2020 | Sales: 13 | Avg $ Per SqFt: $528.47 | Min Sale Price: $42,500 | Max Sale Price: $1,010,000 | Med Sale Price: $555,000 |
| Date: Aug 2020 | Sales: 6 | Avg $ Per SqFt: $519.63 | Min Sale Price: $126,500 | Max Sale Price: $790,000 | Med Sale Price: $483,500 |
| Date: Jul 2020 | Sales: 8 | Avg $ Per SqFt: $498.89 | Min Sale Price: $310,000 | Max Sale Price: $1,307,000 | Med Sale Price: $717,500 |
| Date: Jun 2020 | Sales: 8 | Avg $ Per SqFt: $525.75 | Min Sale Price: $120,000 | Max Sale Price: $1,100,000 | Med Sale Price: $497,500 |
| Date: May 2020 | Sales: 10 | Avg $ Per SqFt: $484.39 | Min Sale Price: $84,000 | Max Sale Price: $975,000 | Med Sale Price: $539,500 |
| Date: Apr 2020 | Sales: 1 | Avg $ Per SqFt: $781.25 | Min Sale Price: $237,500 | Max Sale Price: $237,500 | Med Sale Price: $237,500 |
| Date: Mar 2020 | Sales: 6 | Avg $ Per SqFt: $527.56 | Min Sale Price: $220,000 | Max Sale Price: $894,000 | Med Sale Price: $537,500 |
| Date: Feb 2020 | Sales: 10 | Avg $ Per SqFt: $393.96 | Min Sale Price: $168,500 | Max Sale Price: $790,000 | Med Sale Price: $592,000 |
| Dec 2020 |
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| Sales: | 4 |
| Avg $ Per SqFt: | $538.45 |
| Min Sale Price: | $350,000 |
| Max Sale Price: | $924,000 |
| Med Sale Price: | $545,000 |
| Nov 2020 |
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| Sales: | 4 |
| Avg $ Per SqFt: | $367.33 |
| Min Sale Price: | $225,000 |
| Max Sale Price: | $459,000 |
| Med Sale Price: | $230,000 |
| Oct 2020 |
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| Sales: | 7 |
| Avg $ Per SqFt: | $629.6 |
| Min Sale Price: | $175,000 |
| Max Sale Price: | $1,525,000 |
| Med Sale Price: | $500,000 |
| Sep 2020 |
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| Sales: | 13 |
| Avg $ Per SqFt: | $528.47 |
| Min Sale Price: | $42,500 |
| Max Sale Price: | $1,010,000 |
| Med Sale Price: | $555,000 |
| Aug 2020 |
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| Sales: | 6 |
| Avg $ Per SqFt: | $519.63 |
| Min Sale Price: | $126,500 |
| Max Sale Price: | $790,000 |
| Med Sale Price: | $483,500 |
| Jul 2020 |
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| Sales: | 8 |
| Avg $ Per SqFt: | $498.89 |
| Min Sale Price: | $310,000 |
| Max Sale Price: | $1,307,000 |
| Med Sale Price: | $717,500 |
| Jun 2020 |
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| Sales: | 8 |
| Avg $ Per SqFt: | $525.75 |
| Min Sale Price: | $120,000 |
| Max Sale Price: | $1,100,000 |
| Med Sale Price: | $497,500 |
| May 2020 |
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| Sales: | 10 |
| Avg $ Per SqFt: | $484.39 |
| Min Sale Price: | $84,000 |
| Max Sale Price: | $975,000 |
| Med Sale Price: | $539,500 |
| Apr 2020 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $781.25 |
| Min Sale Price: | $237,500 |
| Max Sale Price: | $237,500 |
| Med Sale Price: | $237,500 |
| Mar 2020 |
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| Sales: | 6 |
| Avg $ Per SqFt: | $527.56 |
| Min Sale Price: | $220,000 |
| Max Sale Price: | $894,000 |
| Med Sale Price: | $537,500 |
| Feb 2020 |
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| Sales: | 10 |
| Avg $ Per SqFt: | $393.96 |
| Min Sale Price: | $168,500 |
| Max Sale Price: | $790,000 |
| Med Sale Price: | $592,000 |
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MLS Number: 591780