517 Truman Avenue, Key West, FL 33040 (MLS# 595924)

517 Truman Avenue, Key West, FL 33040

$3,100,000

Property Type: Commercial Sale Bedrooms: 6 Baths: 6 Square Footage: 3,916 Lot Size (sq. ft.): 4,280 Status: Closed

Current Price: $3,100,000 List Date: 5/04/2021 Last Modified: 9/09/2024

Overview

Description

Prime Investment property downtown Key West in good condition. Currently 6 units total, each mostly renovated. Total of 4 Transient Licensed units and 2 Commercial Units. Main building is two story CBS plus wood frame Cottage on Center St. There is a lease to the Coffee/Sandwich shop on Truman Ave. Also, a completely renovated Restaurant on the corner is partially equipped with a hood and is Vacant and ready for occupancy. There are 3 transient units in the main building; one transient unit on the ground floor plus two units on the 2nd floor each large 2bd/1ba units with Central AC. In addition there is a private transient 1bd/1ba cottage in the rear of the property. Buildings renovated in 2014/15 and sit in an X Flood Zone. Two off street parking spots and nearby street parking

Listing Details MLS# 595924

Location, Tax & Legal

Street #: 517
Street Name: Truman
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West

Contract Information

Listing Board: Key West Association
Limited Representation: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 4280
Waterfront: No
# Parking Spaces: 2
Off Street Parking: 2
# Stories: 2
Total # Buildings: 2
Building SqFt: 4465
Living Apx SqFt: 3916
Total Units: 6
Year Built: 1963
Total Bedrooms: 6
Full Baths: 4
Half Baths: 2
Total Baths: 6

Status Change Info

Under Contract Date: 2021-11-12
Leased Date: 2021-11-29

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Property Features

Type: Other Services Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Municipal Sewer Construction: Stucco Land Size: Less Than 1/4 Acre Fee Includes: Other

Listing Office: RE/MAX Keys Connection (KW)

Last Updated: September - 09 - 2024

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