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928 Truman Avenue

Key West, FL 33040
  • $1,890,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 611524
$1,890,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Description

*Prime Old Town Multi-Use Property*This versatile property features five legal long-term apartments, perfect for employee housing or generating steady rental income. The CBS building, Unit 101, may be converted to commercial use, provided the five residential units remain on-site. Located within a transient receivership zone (buyer to verify), the property offers significant flexibility for both commercial and residential purposes.With its prime location and a mix of income-producing apartments and potential commercial space, this property presents an excellent investment opportunity in the heart of Key West.

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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/155522939
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928 Truman Avenue Key West, FL 33040

  • Price: $1,890,000
  • Status: Active
  • On Site: 17 Days
  • MLS #: 611524
8
Beds
5
Baths
0
½ Baths
0.09
Acres
1959
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
*Prime Old Town Multi-Use Property*This versatile property features five legal long-term apartments, perfect for employee housing or generating steady rental income. The CBS building, Unit 101, may be converted to commercial use, provided the five residential units remain on-site. Located within a transient receivership zone (buyer to verify), the property offers significant flexibility for both commercial and residential purposes.With its prime location and a mix of income-producing apartments and potential commercial space, this property presents an excellent investment opportunity in the heart of Key West.
Exterior Features

Construction CBSCombo ConstructionStuccoConcrete Dockage None Land Size Less Than 1/4 Acre Lot Size Buyer to verify Miscellaneous StorageOther MiscellaneousHighway FrontageHigh VisibilityFencing Off Street Parking N/A Roof Metal RoofCombo RoofConcrete Roof Side Median Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances RefrigeratorRange Appliances Other YES Cooling Heating Central AirWall/Window Unit(s) Floor VinylConcreteComboParquet Windows Doors Other Windows/DoorsImpact Rstnce Window

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Building Number 2 City KEY WEST Commercial Type Apartment 3 or moreOther ServicesFranchiseRetailOther Comrcl StyleOffice Buildings Control Depth 0 Deed Restrictions Unknown Electric Meters 5 Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-S of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 1.00 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Tax Year 2023 Taxes 9854.00 Terms Buyer Obtain Finance Total Units 5.00 Utilities FKAABuyer to Verify Water Meters 4 Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of Allison Findlay of Preferred Properties (KW): (305) 294-3040.


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