718 720 Caroline St, Key West, FL 33040

$1,995,000
3
BA
3,424
SqFt

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List Price
$1,995,000
MLS#
616452
Price Change
▼ $100,000 1784231248
Days on Market
319
Year Built
1918
Bathrooms
3
Half-baths
3
Living Area
3,424
Region
Key West
Neighborhood
Old Town-N of Truman
Subdivision
Old Town - Unrecord (1.0)

Property Description

Introducing a prime investment opportunity at 718-720 Caroline Street, Key West, FL now offered at a 6.7% cap rate. This historic property boasts a 3,424 SF building with three commercial units, offering versatile retail or street retail spaces for savvy investors. Built in 1918 this meticulously-maintained property captures the essence of Key West's rich architectural heritage. With a current 100% occupancy rate, it presents a lucrative prospect for investors seeking a flourishing market with a strong tenant base. Don't miss the chance to own a piece of Key West's history and secure a profitable venture in this sought-after commercial district. Businesses not for sale, please do no disturb the businesses.

Additional Information

Appliances
None

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Knight & Gardner Realty.