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    201 Coppitt Road

    Big Coppitt, FL 33040
    • $4,800,000
    • STATUS: Active
    • ON SITE: 67 days
    • MLS #: 591780
    UPDATED: 74 min ago
    $4,800,000
    • 20
      BEDS
    • N/A
      ACRES
    • 20
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Description

    JUST LISTED!!! 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.

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.keywestluxuryrealestateinc.com/homes/108108448
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    201 Coppitt Road Big Coppitt, FL 33040

    • Price: $4,800,000
    • Status: Active
    • Updated: 74 min ago
    • MLS #: 591780
    20
    Beds
    20
    Baths
    0
    ½ Baths
    N/A
    Acres
    1974
    Built
    Neighborhood:
    Coppitt Sub Amd (10.0)
    County:
    Monroe
    Area:
    05 - Stock Island To Shark Key
    Property Description
    JUST LISTED!!! 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.
    Exterior Features

    Construction Cbs Dockage Dock Concrete Land Size None Lot Size 0 Miscellaneous Open Water View Off Street Parking Yes Parking Spaces 20 Roof Combo RoofMetal RoofTar/Gravel Roof Side Bay/Gulf Style Residential Income Vehicle Storage Assigned ParkingOff Street Parking Waterfront Bay FrontCanal Front Waterfront YN Yes Waterview Bay/Gulf ViewCanal ViewOpen Water View

    Interior Features

    Appliances RangeRefrigerator Cooling Heating Ceiling FansCentral A/C Floor Tile Floor Kitchens 20 Net Leasable Area 10720.00 Range Ovens 20 Refrigerators 20 Windows Doors Sliding Glass Doors

    Property Features

    Assoc Approval Req Yes Assoc Fee 10000.00 Assoc Hoa YN Yes Assoc Maint Fee Per Monthly Assoc Maintenance Fee 500.00 Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Big Coppitt Commercial Type Apartment 3 Or More Control Depth 0 Electric Meters 20 Fee Includes Bldg Exterior MntBuilding InsuranceCommon Area Mnt Fema List No Flood Zone Ae 10 Listing Board Key West Association Mile Marker 10.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Other/See RemarksTransient License Property Type Commercial Sq Ft Source Property Data Card Tax Year 2019 Taxes 28480.00 Tenant Paid CableWater Terms Buyer Obtain Finance Title Negotiable Total Units 20.00 Utilities FkaaMunicipal SewerSeparate Meters Year Established 1974-01-01 Zoning Sc - Sub Urban Commercial District

    Listing courtesy of Bascom L Grooms of Bascom Grooms Real Estate (Kw).


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
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    Key West Luxury Real Estate Inc
    619 Eaton Street, #2
    Key West FL, 33040