1221 Packer Street 1-5 & # 1220 Grinnell St #1, Key West, FL 33040 (MLS# 604493)

1221 Packer Street 1-5 & # 1220 Grinnell St #1, Key West, FL 33040

$3,150,000

Virtual Tour

https://www.zillow.com/view-3d-home/a16b205e-adcc-41e5-9919-b48b1140be74?setAttribution=mls&wl=true&utm_source=dashboard

Property Type: Commercial Bedrooms: 9 Baths: 9 Lot Size (sq. ft.): 4,078 Status: Closed

Current Price: $3,150,000 List Date: 3/09/2023 Last Modified: 9/09/2024

Overview

Description

Rare 6 unit Old Town property located in the X Zone, made up of a 3/3 Single Family home ( 1728 sqft ) , 1x 2/1 Bed and 4 x 1/1bed. The 6 units are split between 3 buildings. Located in the Turtle Cove Condominium Assoc, all units are turn-key with separate legal descriptions . 5 units are ready to be rented while the single family home is currently rented. This unique fenced property offers 6 electric meters and 3 off-street parking spots, private porches and common area space with coin operated washer and dryer. Perfect for vacation rentals, investors, owner occupiers, or employee housing too. Portfolio or Cash Buyers only!!

Listing Details MLS# 604493

Location, Tax & Legal

Street #: 1221
Street Name: Packer
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: GG Watson Sub (1.0)
County: Monroe
Area: 02 - Key West
KW Neighborhood: Old Town-S of Truman
Unit #: 1-5 & # 1220 Grinnell St #1
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Alternate Key #: 9088731
Parcel #: 00032031-000000
Zoning: HMDR - Historic Medium Density Residential
Legal: TURTLE COVE CONDOMINIUM OF KEY WEST (F/K/A RE 00032030-000000 AK 1032816 AND RE 00032140-000000 AK 1032921) OR2294-1195
Taxes: 21510.75
Tax Year: 2022

Contract Information

Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Multi-Family
Style: Residential Income
Lot SqFt: 4078
Waterfront: No
# Parking Spaces: 3
Off Street Parking: Yes
# Stories: 2
Total # Buildings: 3
Building SqFt: 4642
SqFt Source: Seller
Total Units: 6
Year Built: 1953
Total Bedrooms: 9
Full Baths: 7
Half Baths: 2
Total Baths: 9
Control Depth: 0

Status Change Info

Sold Date: 2023-08-18
Sold Comments: Thank You Meghan

License Info

# of City License: 5

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: No
Association Fee $: 0

More Information

Property Info

# Kitchens: 6
# Range/Ovens: 6
1 Bed/Bath: 4
2 Bed/Bath: Yes

Vehicle Storage

Car(s): 3
Off Street Parking: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Rare 6 unit Old Town property located in the X Zone, made up of a 3/3 Single Family home ( 1728 sqft ) , 1x 2/1 Bed and 4 x 1/1bed. The 6 units are split between 3 buildings. Located in the Turtle Cove Condominium Assoc, all units are turn-key with separate legal descriptions . 5 units are ready to be rented while the single family home is currently rented. This unique fenced property offers 6 electric meters and 3 off-street parking spots, private porches and common area space with coin operated washer and dryer. Perfect for vacation rentals, investors, owner occupiers, or employee housing too. Portfolio or Cash Buyers only!!
Directions: Take US 1 South to Key West. Us 1 will turn into Truman Ave. Turn left onto Packer St and 1221 Packer is on 3rd block on your left, Entrance to 1220 Grinnell St #1 is on Grinnell St same block .

Deed Restrictions

Unknown: Yes

Type

Apartment 3 or more: Yes

Fee Includes

None: Yes

Dockage

None: Yes

Accounts & Meters

# Electric Meters: 6

Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Wall/Window Unit(s): Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Tile: Yes
Wood: Yes

Interior Features

Cathedral Ceilings: Yes
Drapes/Blinds Incl: Yes

Windows/Doors

Aluminum Windows: Yes
French Doors: Yes
Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Construction

CBS: Yes
Combo Construction: Yes
Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes
Municipal Sewer: Yes
Separate Meters: Yes

Miscellaneous

Fencing: Yes
Well & Pump: Yes

Roof

Metal Roof: Yes

Property Features

Deed Restrictions: Unknown Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Utilities: Buyer to Verify; FKAA; Municipal Sewer; Separate Meters Interior Features: Cathedral Ceilings; Drapes/Blinds Incl Appliances: Dishwasher; Range; Refrigerator Miscellaneous: Fencing; Well & Pump Construction: CBS; Combo Construction; Frame Floor: Tile; Wood Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None

Listing Office: Coldwell Banker Schmitt Real Estate Co. (KW)

Last Updated: September - 09 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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