Old Town Multi-Use Property Located on Truman Avenue, this distinctive property features five legal long-term rental apartments, making it ideal for steady income or employee housing. Unit 101, a CBS building, offers the potential for commercial conversion (buyer to verify), provided the residential units remain onsite, creating valuable flexibility. Highlights include: 8 bedrooms and 5 bathrooms $11,650 monthly rental income Located in an X flood zone This property presents a unique opportunity to combine income-generating apartments with potential commercial space, all in a prime Old Town location. A investment opportunity in the heart of Key West.
MLS# | 613024 |
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Listing Type | For Sale |
Style | Town House |
Suite Number | 101 |
Sub-Type | Resale |
Status | Active |
Year | 1959 |
Days On Site | 16 |
Listing Provided By | Preferred Properties (KW) | Allison Findlay |
Bed(s) | 8 |
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Bath(s) | 5 Total |
SQ Feet | 1,830 |
Zoning | HNC(1-3) - Hist Nghborhd Comml 1 |
Acreage | 0.09 |
Water Front | None |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | KEY WEST |
Zip Code | 33040 |
Area | 02 Key West |
Community Name | GG Watson Sub (1.0) |
Listing VS Median (in GG Watson Sub (1.0)) | |
Price: $1,800,000 low | high Med: $2,095,000 SqFt: 1,830 low | high Med: 1,600 $ / SqFt: $984 low | high Med: $1,309 On Site: 16 low | high Med: 140.000000 |