1803-1805 Atlantic Boulevard, Key West, FL 33040
$2,400,000
Property Type:
Residential
Bedrooms:
13
Baths:
12
Square Footage:
6,480
Lot Size (sq. ft.):
9,250
Status:
Closed
Current Price:
$2,400,000
List Date:
10/08/2021
Last Modified:
8/24/2024
Overview
Description
Listing Details MLS# 597772
Location, Tax & Legal
- Street #
- 1803-1805
- Street Name
- Atlantic
- Street Suffix
- Boulevard
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- County
- Monroe
- Subdivision
- New Town - Unlisted (2.0)
- Area
- 03 - Key West
- KW Neighborhood
- Midtown West
- City
- KEY WEST
- Mile Marker
- 2
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- AE,AE
- Alternate Key #
- 1062600
- Add'l Parcel #1
- 1062618
- Parcel #
- 00062200-000000
- Zoning
- MDR-1 - Medium Desnity Residential
- Deed Restrictions
- Unknown
- Legal
- KW DIAG PB 1-13 LOT 1 SQR 1 TR 30 OR137-440/441 OR225-39/40 OR233-543 OR625-178/79 OR765-1643-44 OR1721-116 OR1987-1910/
- Taxes
- 13707.17
- Tax Year
- 2020
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Marathon/Lower Keys
General Property Description
- Realtor.COM Type
- Multi-family
- Style
- Multi-Units
- Waterfront
- No
- Pool
- Yes
- Year Built
- 1975
- Lot SqFt
- 9250
- Acres
- 0.11
- Living Apx SqFt
- 6480
- SqFt Source
- Property Data Card
- Total Bedrooms
- 13
- Full Baths
- 12
- Total Baths
- 12
- Rentals Allowed
- With Restrictions
- Control Depth
- 0
- Total Units
- 0
Status Change Info
- Sold Date
- 2022-02-23
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
Building Style
- Above Flood
- Unknown
More Information
Remarks & Misc
- Remarks – Consumer
- Perfect 1031 Exchange! Priced to Sell! DO NOT MISS this 7 unit apartment complex that is centrally located steps to both Smathers and Higgs Beach and a 5 minutes bike ride to world Famous Duval st. The 3 building complex houses (1) 3bed/2bath, (4) 2bed/2 bath, and (2) 1bed/1bath, with one of the largest residential swimming pools in Key West. Interiors updated with marble countertops, tile floors, and recessed lighting. All master baths have Jacuzzi tubs. Each unit has individual laundry, utility meters and one assigned parking space. This will not last so call today! A pleasure to show, but 48 hour notice needed for inside Current cap rate 4.24% . Projected Cap Rate of 5.12% with simple rent increases. Huge ROI possible by converting to condominium. Gross Income of $192K with $51,244 insurances and $13,707 in taxes.
Fee Includes
- Other
- Yes
Dockage
- None
- Yes
Tax Exemptions
- Homestead
- Yes
Appliances
- Refrigerator
- Yes
- Washer
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Central Air
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Property Condition
- Updated/Remodeled
- Yes
Vehicle Storage
- Assigned Parking
- Yes
Construction
- CBS
- Yes
Land Size
- 1/4 - 1/2 Acre
- Yes
Utilities
- Buyer to Verify
- Yes
- FKAA
- Yes
Porch/Balcony
- Deck
- Yes
- Open Porch/Balcony
- Yes
- Patio
- Yes
Pool Info
- In Ground
- Yes
Roof
- Metal Roof
- Yes
Property Features
Fee Includes:
Other
Tax Exemptions:
Homestead
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Property Condition:
Updated/Remodeled
Vehicle Storage:
Assigned Parking
Cooling:
Central Air
Utilities:
Buyer to Verify; FKAA
Appliances:
Refrigerator; Washer
Pool Info:
In Ground
Construction:
CBS
Roof:
Metal Roof
Pets:
Pets Allowed
Land Size:
1/4 - 1/2 Acre
Documents
1803 1805 Atlantic Offering ›
Listing Office:
Internet Realty of the Florida Keys
Last Updated: August - 24 - 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.