517 Truman, Key West, FL 33040

$3,395,000
6
BD
6
BA
544
SqFt
List Price
$3,395,000
MLS#
595924
Days on Market
47
Year Built
1963
Bedrooms
6
Bathrooms
6
Half-baths
2
Living Area
544
Region
Key West
Neighborhood
Old Town-S Of Truman
Subdivision
Old Town - Unrecord (1.0)

Property Description

Prime Investment property downtown Key West in good condition. Currently 6 units total, each mostly renovated. Total of 4 Transient Licensed units and 2 Commercial Units. Main building is two story CBS plus wood frame Cottage on Center St. There is a lease to the Coffee/Sandwich shop on Truman Ave. Also, a completely renovated Restaurant on the corner is partially equipped with a hood and is Vacant and ready for occupancy. There are 3 transient units in the main building; one transient unit on the ground floor plus two units on the 2nd floor each large 2bd/1ba units with Central AC. In addition there is a private transient 1bd/1ba cottage in the rear of the property. Buildings renovated in 2014/15 and sit in an X Flood Zone. Two off street parking spots and nearby street parking

Additional Information

Lot Size
4,280
Lot Dimensions
40 x 107
Utilities
FKAA, Municipal Sewer
Waterfront Desc
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Re/Max Keys Connection (Kw).