PRICE IMPROVEMENT!! WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST!! A hidden gem of 4 spacious and beautifully done 1 bedroom condos needing no work! Also included in price is 3200sf of additional buildable area to expand, build 1-2 separate structures, build a pool, and for parking. POTENTIAL TO CONVERT TO UP TO FOUR 2-4 BEDROOM STAND ALONE RENTAL UNITS! These adorable units have charm and character each with its own private porch for people watching and enjoying that morning fresh cup of coffee or evening cocktail! One unit with a private hot tub tucked away in the back. This property sits in the X flood zone so no flood insurance is required. A solid concrete structure with new metal roof installed in 2015 with a 50 yr warranty. Freshly painted with new AC units in each, new electronic door locks, new washers and dryers in each unit, new facia and soffits, new appliances, all new furnishings and decor, new Zinus green tea memory foam mattresses and all fresh new linens and supplies! All conveys with full asking price including the 2 brand new golf carts! Shed for storage and more and plenty of Private off street parking, which in Key West is worth a mint alone! Your guests will never want to leave!Also property is LOCATED IN A TRANSIENT RECEIVING ZONE. THIS PROPERTY HAS THE POTENTIAL TO APPLY FOR TRANSIENT IF OWN OR PURCHASE A TRANSIENT LICENSE WITH UNIT/BPASS. For more explanation please call agent. CURRENT USE IS INCOME PRODUCING MONTHLY VACATION RENTAL FOR ALL UNITS. EXCELLENT INVESTMENT WITH TONS OF OPTIONS FOR CONFIGURING UNITS AND BUILDING ADDITIONAL UNITS. LOCATION LOCATION LOCATION!
Listing courtesy of Berkshire Hathaway Knight & Gardner.