1119 Simonton Street Unit B1, B2 and C, Key West, FL 33040
- $1,699,000
- 2
- BD
- 3
- BA
- 1,066
- SqFt
- List Price
- $1,699,000
- MLS#
- 606887
- Status
- ACTIVE
- Days on Market
- 56
- Year Built
- 1953
- Style
- Multi-Units
- Bedrooms
- 2
- Bathrooms
- 3
- Acres
- 0.05
- Living Area
- 1,066
- Region
- Key West
- Neighborhood
- Old Town-S Of Truman
- Subdivision
- Old Town - Unlisted (1.0)
Property Description
WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST AND IN THE X FLOOD ZONE! TWO CONDOS AND 1 VACANT BUILDABLE LOT! This complex is offered for sale in its entirety or split into Two spacious and beautifully done 1 bedroom condos and a 1600sf vacant buildable lot each side. Potential usage, combine the two 1 bedroom condos into 1 large 2-4 bedroom condo, transfer one of the units ROGOA/BPASS to lot and build additional large 2-3 bedroom unit. Or build a pool or continue use for parking. POTENTIAL TO CONVERT TO UP TO TWO 2-4 BEDROOM 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! 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! New Golf carts and scooter will be offered for sale. Plenty of 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!
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Additional Information
- Hoa Includes
- None
- Taxes
- $7,061
- Lot Size
- 3,983
- Mile Marker
- 1
- Roof
- Metal Roof
- Exterior
- Fencing
- Interior Features
- Built-in Cabinets, Window Treatments, Smoke Alarms, Drapes/Blinds Incl
- Utilities
- Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA
- Floors
- Combo, Wood, Vinyl, Tile
- Appliances
- Dishwasher, Microwave, Washer, Refrigerator, Range, Oven, Dryer
- Waterfront Desc
- None
- Waterview Desc
- No Waterview
- Construction
- CBS, Concrete
- Cooling
- Ceiling Fans(s), Wall/Window Unit(s), Ductless
Mortgage Calculator
Listing courtesy of Berkshire Hathaway Knight & Gardner.