1211 South Street, Key West, FL 33040

$1,299,000
5
BD
5
BA
3,575
SqFt
List Price
$1,299,000
MLS#
585359
Style
Multi-Units
Status
ACTIVE
Island
Key West
County
Monroe
City
Key West
Area
03 - Key West
Subdivision
Tropical Bldt & Investment Co Sub (2.0)
Bedrooms
5
Bathrooms
5
Living Area
3,575
Acres
0.11
Year Built
1938

Property Description

Superb location. Attractive 2 story multi-family near Casa Marina. 5 separate apartments, 5 electric meters, 5 baths and 5 parking spaces. Property consists of two 1BD/1BA apartments and 3 large studio apartments. Porch, courtyard and fenced. Long term leases, tenants want to stay, all month to month. Keep for investment or convert to condos or masterful single family home. Property has been appraised at value, surveyed, inspected and roof certification in place. Condo conversion documents have been started - see layout in document section. No open permits. 13% cash on cash. No management required. QUALIFIED BUYERS ONLY. Contact agent for more details. Location, Location, Location! Can llve in one unit, income on others. CALL AGENT FOR WEBSITE WITH FINANCIALS, LAYOUT and PHOTOS.

Additional Information

Taxes
$6,409
Appliances
Dryer, Refrigerator, Washer
Waterview Description
No Waterview

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX All Keys Real Estate (Marathon).