700-714 Thomas Street
Key West, FL 33040

$4,950,000

Description

5 Licensed Transient Rental Houses.Excellent investment opportunity - low operating expenses, positive cash, owner financing. Private gated income producing rental compound located (2) blks from center of Duval St. One of the largest residential parcels in Old Town Key West. 5 existing residential rental units, approved plans & permit to build a new 2 story, 6th residence on corner.

Details

MLS#583417
StyleIndustrial
Sub-TypeResale
StatusActive
Year1918
Days On Site112

Features

SQ Feet5,210
Story(s)2
Units5
ZoningHMDR - Historic Medium Density R

Market Activity 33040

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Area Information

StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-N of Truman
Listing VS Median (in 33040)
Price:
$4,950,000
low | high
Med:
$575,000
100% of Average
SqFt:
5,210
low | high
Med:
1,724
100% of Average
$ / SqFt:
$950
low | high
Med:
$334
100% of Average
On Site:
112
low | high
Med:
168
66.666666666667% of Average
Listing Updated: 04/19/2019
MLS Number: 583417
Listing Provided By:
Steven A Justi  of  SAJ Investments Inc (KW)