903-909 Virginia Street
Key West, FL 33040

$4,250,000

Description

Three buildings make up this rare 12-unit multi-family residential property. Located in the X Flood Zone in Old Town Key West (best zone in Key West), this is the first time in 3 generations this opportunity has been on the market. This is a perfect 1031 exchange property, the buildings and property are in great physical shape and ready for a new investor to take over. Current Owner has clear pride of ownership of this multi-unit property. Property consists of 7- two bedroom units, 4- one bedroom units and 1 studio apartment plus parking and a well landscaped courtyard. Units are fully occupied, please give advanced notice for showings. Three parcels included in compound, see details in report.

Details

MLS#580091
StyleIndustrial
Sub-TypeResale
StatusActive
Year1933
Days On Site19

Features

SQ Feet7,411
Story(s)2
Units12
ZoningHMDR - Historic Medium Density R

Loading Form

Loading Form

Area Information

StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-S of Truman
Listing VS Median (in 33040)
Price:
$4,250,000
low | high
Med:
$549,000
100% of Average
SqFt:
7,411
low | high
Med:
0
100% of Average
$ / SqFt:
$573
low | high
Med:
$0
100% of Average
On Site:
19
low | high
Med:
367
5.177111716621% of Average
Nearby Listings (Within 1/2 mile)
Price: $3.187M - $5.312M
SqFt: 5,500 - 9,000
Listing Updated: 05/25/2018
MLS Number: 580091
Listing Provided By:
Team Gardner/Langley  of  Berkshire Hathaway Knight Gardner Realty (KW)