1010 Kennedy Drive Key West, FL 33040
COMMERCIAL - Key West, FL
- Added:
- Jan 6, 2022
- Days on Market:
- 1649
- Last Refresh:
- Jul 13 at 1:06 am
Property Features for 1010 Kennedy Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CG - General Commercial
- Bedrooms
- 1
- Rooms
- Bedroom 1
- Parking features
- Off Street
- Appliances
- No Appliances
- Standard status
- Active
- APN
- 00065650-000303
- Size
- 1,475 SF
Taxes and HOA fees
- Tax Year
- 2021
- Tax Description
- UNIT 303 KENNEDY CENTER CONDOMINIUM OR3015-2332
- Tax Annual Amount
- 2744
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1978
- Flooring type
- Carpet
- Building materials
- Concrete
- Roof type
- Concrete
Listing agent Team Gardner/Langley License #BK612006 (305) 902-2447
Listing office Berkshire Hathaway HomeServices Knight & Gardner Realty 336 Duval St., Key West, FL (305) 294-5155
Listing date Jan 6, 2022
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Central New Town location in the Kennedy Center.
- Approximately 1475 sq. ft. office condo with 6 private offices.
- Features a large conference room, oversized waiting room/workspace, and kitchenette.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.3k | $30.00 |
| − Vacancy | −$7.2k | −$4.86 |
| EGI | $37.1k | $25.14 |
| − OpEx | −$9.3k | −$6.29 |
| NOI | $27.8k | $18.86 |
