218 Whitehead Street, Key West, FL 33040 (MLS# 596184)

218 Whitehead Street, Key West, FL 33040

$3,000,000

Property Type: Commercial Bedrooms: 3 Baths: 5 Square Footage: 7,462 Lot Size (sq. ft.): 6,878 Status: Closed

Current Price: $3,000,000 List Date: 5/21/2021 Last Modified: 9/09/2024

Overview

Description

First time offering of this Triple Net investment building after 32 years of ownership. Fully leased and in good condition. Current Tenant mix is 6 commercial spaces (#5 & #6 are combined) and one 3bd 2ba apartment. ADA access to spaces on 1st floor. Built above flood in the Mallory Square area of Old Town Key West. Adjacent to Mel Fisher Museum and across the street from Audobon House, Custom House and Mallory Square. Duval Loop Stop, Conch Train route and all tourist transportation pass by this location multiple times a day. Do not enter any of the businesses without Listing Agent. If financials are desired, CA is attached. Fill out and return.

Listing Details MLS# 596184

Location, Tax & Legal

Street #: 218
Street Name: Whitehead
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 8732511
Parcel #: 00001630000700
Zoning: HPRD - Hist Planned Redevelopment & Dev Dist
Legal: KW PT SQR 16 OR1005-78/128Q/C OR1017-367/368 OR1079-285/288 OR1152-1022/1023Q/C OR2408-1587/89C
Taxes: 23534.12
Tax Year: 2020

Contract Information

Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 6878
Waterfront: No
# Stories: 2
Building Ht. Ft.: 20
Total # Buildings: Yes
Building SqFt: 7755
SqFt Source: Property Data Card
Living Apx SqFt: 7462
Total Units: 8
Year Built: 1942
Total Bedrooms: 3
Full Baths: Yes
Half Baths: 4
Total Baths: 5
Control Depth: 0

Status Change Info

Sold Date: 2021-09-14

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Remarks & Misc

Remarks – Consumer: First time offering of this Triple Net investment building after 32 years of ownership. Fully leased and in good condition. Current Tenant mix is 6 commercial spaces (#5 & #6 are combined) and one 3bd 2ba apartment. ADA access to spaces on 1st floor. Built above flood in the Mallory Square area of Old Town Key West. Adjacent to Mel Fisher Museum and across the street from Audobon House, Custom House and Mallory Square. Duval Loop Stop, Conch Train route and all tourist transportation pass by this location multiple times a day. Do not enter any of the businesses without Listing Agent. If financials are desired, CA is attached. Fill out and return.
Directions: At the Whitehead and Greene St. intersection

Deed Restrictions

No: Yes

Type

Bar: Yes
Grocery/Convenience: Yes
Professional Service: Yes
Restaurant: Yes
Retail: Yes
Shop/Strip Center: Yes

Fee Includes

Bldg Exterior Mnt: Yes
Building Insurance: Yes
Common Area Mnt: Yes
Sewer: Yes
Water: Yes

Dockage

None: Yes

Appliances

Range: Yes
Refrigerator: Yes

Cooling

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

Waterfront

None: Yes

Electric

220 Volt: Yes
Circuit Breakers: Yes

Waterview

No Waterview: Yes

Floor

Concrete: Yes
Tile: Yes

Interior Features

Cathedral Ceilings: Yes

Windows/Doors

Glass Doors: Yes
Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

Less Than 1/4 Acre: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes
Separate Meters: Yes

Title

Negotiable: Yes

Miscellaneous

Handicap Access: Yes
High Traffc Location: Yes
High Visibility: Yes
Residence on Premise: Yes

Roof

Combo Roof: Yes
Metal Roof: Yes

Tenant Paid

Cable: Yes
Electric: Yes
Sewer: Yes
Taxes: Yes
Water: Yes

Property Features

Deed Restrictions: No Type: Bar; Grocery/Convenience; Professional Service; Restaurant; Retail; Shop/Strip Center Waterfront: None Waterview: No Waterview Dockage: None Cooling: Central Air; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Interior Features: Cathedral Ceilings Appliances: Range; Refrigerator Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Residence on Premise Construction: CBS; Concrete Electric: 220 Volt; Circuit Breakers Floor: Concrete; Tile Roof: Combo Roof; Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Sewer; Water Title: Negotiable Tenant Paid: Cable; Electric; Sewer; Taxes; Water

Documents

First floor footprint ›

Listing Office: Old Town Realty

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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