901 Eisenhower, Key West, FL 33040

$5,299,000
7
BD
5
BA
1,804
SqFt
List Price
$5,299,000
MLS#
598681
Days on Market
48
Year Built
1943
Style
Commercial
Bedrooms
7
Bathrooms
5
Living Area
1,804
Region
Key West
Neighborhood
The Meadows
Subdivision
Benj Alburys Subd (2.0)

Property Description

KEY WEST WATERFRONT INVESTMENT OPPORTUNITY!!! Once in a lifetime chance to restore and/or redevelop a commercial waterfront property located on the edge of Old Town, Key West. Built prior to 1912 and owned by the same family for over 100 years, 901 Eisenhower Drive is well-sited on an expansive 15,609SF lot and zoned as General Commercial offering endless investment potential. Conditional uses include a restaurant, hotel, or marina.The property is currently set up as a legal five-unit multi-family rental with two structures consisting of a historic main home and a separate cottage. The main residence has 4 units including 5 bedrooms and 4 bathrooms while the separate cottage includes 2 bedrooms and 1 bathroom. Located on Garrison Bight and just a half a block away from Bayview Park, Tennis Courts, and biking distance to the island's best beaches and amenities. Buyer to verify restoration and or development rights. Tenant Occupied/48 hours notice to show - we may not be able to all units on the same day.

Additional Information

Lot Size
15,609
Lot Dimensions
76x175
Utilities
Buyer to Verify, FKAA, Municipal Sewer, Separate Meters
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Waterfront Desc
Bay Front

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Truman & Co. (Kw).