Description
Opportunities like this do not come up often in Key West! Prime Mixed Use property on Duval St. for sale. Ready for redevelopment with many potential uses 5 or 6 legal units. There are 4 fully Licensed Residential Units ready for renovation. Plus 1 or 2 Commercial retail spaces on the ground floor. Some Foundation and flooring work done under the COM unit.Large 4,200 sf. lot with a good size backyard. Historic 2 Story frame building has total of 4,173 sf. One apartment has the large balcony overlooking Duval St. There is a grandfathered fixed awning over sidewalk for cover & shade.Rental income is below market value and the COM unit is owner occupied. Potential for redevelopment and future appreciation. Zoning allows many Commercial and Residential uses. Property sits in X Flood Zone. Same family ownership since 2003!
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9BEDS
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0.1ACRES
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5BATHS
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11/2 BATHS
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4,173SQFT
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$899$/SQFT
School Ratings & Info
Description
Opportunities like this do not come up often in Key West! Prime Mixed Use property on Duval St. for sale. Ready for redevelopment with many potential uses 5 or 6 legal units. There are 4 fully Licensed Residential Units ready for renovation. Plus 1 or 2 Commercial retail spaces on the ground floor. Some Foundation and flooring work done under the COM unit.Large 4,200 sf. lot with a good size backyard. Historic 2 Story frame building has total of 4,173 sf. One apartment has the large balcony overlooking Duval St. There is a grandfathered fixed awning over sidewalk for cover & shade.Rental income is below market value and the COM unit is owner occupied. Potential for redevelopment and future appreciation. Zoning allows many Commercial and Residential uses. Property sits in X Flood Zone. Same family ownership since 2003!
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than LoKation Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.