714 Thomas Street

    Key West, FL 33040
    • $4,999,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 590237
    $4,999,000
    • 11
      BEDS
    • 0.24
      ACRES
    • 5
      BATHS
    • 1
      1/2 BATHS
    • 5,210
      SQFT
    • $960
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1923
    County:

    School Ratings & Info

    Description

    This is a very unique Key West rental property. (5) licensed transient rental houses. Excellent investment opportunity - low operating expenses, positive cash, owner financing possible. Private gated income producing rental compound located (2) blks from center of Duval St. One of the largest residential parcels in Old Town Key West. (5) existing residential transient rental units, approved plans & permit to build a new 2 story, 6th residence on corner of Thomas and Angela Sts.

    Monthly Payment Calculator



    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/104066358

    714 Thomas Street Key West, FL 33040

    • Price: $4,999,000
    • Status: Active
    • MLS #: 590237
    11
    Beds
    5
    Baths
    1
    ½ Baths
    0.24
    Acres
    5,210
    SQFT
    $960
    $/SQFT
    1923
    Built
    Neighborhood:
    Old Town-N Of Truman
    County:
    Monroe
    Area:
    02 - Key West
    Property Description
    This is a very unique Key West rental property. (5) licensed transient rental houses. Excellent investment opportunity - low operating expenses, positive cash, owner financing possible. Private gated income producing rental compound located (2) blks from center of Duval St. One of the largest residential parcels in Old Town Key West. (5) existing residential transient rental units, approved plans & permit to build a new 2 story, 6th residence on corner of Thomas and Angela Sts.
    Exterior Features

    Building Height Ft 0.00 Construction Frame Dockage None Land Size Less Than 1/4 Acre Lot Size 108'X49' + 98'X54' Miscellaneous Hot TubManager On PremisesPoolResidence On PremiseSecurity SystemSprinkler SystemStorage Off Street Parking Yes Parking Spaces 3 Roof Metal Roof Shutters BahamaStorm Shutters Side Median Style Residential Income Vehicle Storage Guest ParkingOff Street Parking Waterfront None Waterfront YN No Waterview No Waterview

    Interior Features

    Appliances DishwasherDisposalDryerRangeRefrigeratorWasher Cooling Heating Ceiling FansCentral A/CHeat Dishwashers 1 Floor CarpetLaminateTile Floor Interior Features Drapes/Blinds InclSmoke Alarms Kitchens 5 Net Leasable Area 5210.00 Range Ovens 5 Refrigerators 5 Washers 3 Windows Doors Double Hung WindowsFrench DoorsGlass DoorsWood Windows

    Property Features

    Assoc Approval Req No Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Bahama GardensLtd. City Key West Commercial Type Apartment 3 Or MoreHotel/MotelOther Comrcl Style Control Depth 0 Deed Restrictions No Dryers 3 Electric 220 VoltCircuit BreakersSingle Phase Electric Meters 5 Fee Includes Bldg Exterior MntBuilding InsuranceCableCommon Area MntSewerWater Fema List Yes Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-N Of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 0.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Info License Included Property Rights Multi-Use/CommercialTranfrble Bldg PrmtTransient License Property Type Rental Sewer Accounts 6 Sq Ft Source La Measured Tax Year 2019 Taxes 18634.78 Terms Seller Finance Psble Title Negotiable Total Units 5.00 Utilities FkaaMunicipal SewerPropane GasSeparate MetersWell Water Meters 6 Year Established 1989-01-01 Zoning Hmdr - Historic Medium Density Residential

    Listing courtesy of Steven A Justi of Saj Investments, Inc (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.
     
    Key West Luxury Real Estate Inc
    619 Eaton Street, #2
    Key West FL, 33040