Key West Townhouse Unit
Key West, FL 33040, Key West, FL 33040
COMMERCIAL - Key West, FL
Property size:
750 SFLot size:
0.05 AcresPrice / SF:
$2,800/SF- Added:
- Jul 28, 2024
- Days on Market:
- 664
- Last Refresh:
- May 22 at 6:06 pm
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MDR-1 - Medium Desnity Re
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 8, Bathroom 4
- Appliances
- Range, Washer, Dryer
- Standard status
- Active
- Size
- 750 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- KW KW REALTY CO'S FIRST SUB PB1-43 PT LOT 11 SQR 13 TR 21 A/K/A UNIT 3 & 1/4 INT IN PARCEL 6 & 1/2 INT IN PARCEL 7 OR27-
- Tax Annual Amount
- 14760
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- CBS
Listing agent Raymond J Capas License #171355 (305) 587-3483
Listing office Berkshire Hathaway HomeServices Knight & Gardner Realty 336 Duval St., Key West, FL (305) 294-5155
Listing date Jul 28, 2024
MLS# 610922
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.
HighLights
- Development opportunity: 4 legally subdivided townhouse units on a 10,000 sq ft lot.
- High income potential: Currently operating as a successful rental property with below‑market rents, offering immediate upside.
- Value‑add potential: Opportunity to increase property value by adding a common lap pool/patio area or private pools.
- Well‑maintained property: Continually maintained with recent upgrades including paint, new air conditioners, blinds, curtain rods, and roof screw replacement.
- Ample parking: On‑site parking available for 10 cars.
- Each unit features a private laundry room addition with new washer and dryer.
Overview
This is a development opportunity featuring a four-unit townhouse complex situated on a heavily landscaped 10,000 sq ft parcel. The property comprises two side-by-side duplexes, legally subdivided into four individual units. Each licensed unit offers 750 sq ft of air-conditioned space and has its own legal description, parcel number, insurance policy, and utility meter. Each unit features its own laundry room addition directly off the kitchen with separate exterior screen doors and new washers and dryers. The property has always operated as a successful rental property. Added value could be achieved by installing a lap pool or patio area in the 100' wide backyard as a common amenity. Another option would be to provide a private pool area for each of the rear two units, dividing the large rear yard to increase their sale value. Mature, well-maintained landscaping surrounds the property and separates the units. Oversized covered front porches with high open-beamed ceilings offer additional square footage, and valuable on-site parking is available for 10 cars. The property has been continually well-maintained with paint, new air conditioners, and blinds and curtain rods on all windows. All roof screws have been replaced and new ones added to code standards.
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Key West
- County
- Monroe
- State
- Florida
- Longitude
- -81.6849
- Latitude
- 24.5796
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit townhouse complex on a 10,000 sq ft lot.
Where is this quadplex located?
The property is located at Key West, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Development opportunity: 4 legally subdivided townhouse units on a 10,000 sq ft lot.; High income potential: Currently operating as a successful rental property with below‑market rents, offering immediate upside.; Value‑add potential: Opportunity to increase property value by adding a common lap pool/patio area or private pools.
