719 South Street, Key West, FL 33040

$7,800,000
16
BD
13
BA
List Price
$7,800,000
MLS#
604204
Status
ACTIVE
Price Change
▼ $400,000 1686769813
Days on Market
221
Year Built
1958
Style
Misc Prop Rights
Bedrooms
16
Bathrooms
13
Region
Key West
Neighborhood
Casa Marina
Subdivision
Old Town - Unlisted (1.0)

Property Description

MLS Listing includes: 719 South ST, 721 South ST, 723/725 South ST, 1318 William ST, and 4 Transient Licenses. Experience the Ultimate Developer's Opportunity in the Enchanting Casa Marina! This extraordinary property encompasses an expansive 30,000 square feet of prime land, accompanied by an impressive package featuring 12 ROGO's, 4 Transient Licenses, 11 apartments, and a small home nestled in the heart of Old Town. Currently, the property offers a diverse range of units, including 4 cozy studio apartments, 4 1-bedroom apartments, 3 spacious 2-bedroom apartments, and a delightful 2-bedroom home. The majority of these units are already occupied by tenants, ensuring immediate income generation. Don't miss this exceptional chance to turn your development dreams into a reality in the highly sought-after Casa Marina neighborhood! Tenant occupied, please do not disturb, must be accompanied by listing agent. Buyers must verify property rights.

Additional Information

Taxes
$10,634
Lot Size
30,000
Lot Dimensions
30000
Mile Marker
1
Utilities
Buyer to Verify, FKAA, Municipal Sewer, Separate Meters
Appliances
Range, Refrigerator
Waterfront Desc
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Knight & Gardner.