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417 Southard Street, Key West, FL 33040

$2,650,000
Property Type: Commercial Bedrooms: 6 Baths: 6 Square Footage: 6,459 Lot Size (sq. ft.): 4,888 Status: Closed
Current Price: $2,650,000 List Date: 3/30/2022 Last Modified: 9/09/2024

Overview

Description

Rare investment opportunity perfect for a 1031, tap into the existing & growing tourism district of Key West Florida. Premium Old Town location on Southard Street steps off Duval and Whitehead Street. This mixed-use building has 4 units and is approximately 6,459sq.ft. of space: one 4-bedroom apartment, one 2-bedroom apartment both sharing an oversized sundeck & two commercial store front spaces with Tenants in place. Please do not disturb Tenants.

Listing Details MLS# 598948

Location, Tax & Legal

Street #
417
Street Name
Southard
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unlisted (1.0)
County
Monroe
Area
02 - Key West
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Mile Marker
1
Marathon Neighborhood
N/A
Side
N/A
Flood Zone
X
Alternate Key #
1010324
Parcel #
00010040-000000
Zoning
HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Legal
KW PT LTS 1 AND 4 SQR 51 G39-230/31 OR292-407/08 OR343-377/78 OR819-2299L/E OR914-905 OR1259-203/18F/J OR1504-887/88 OR2
Taxes
13994.83
Tax Year
2021

Contract Information

Listing Board
Key West Association
Limited Representation
No
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
4888
Waterfront
No
# Parking Spaces
2-3
Off Street Parking
yes
# Stories
2
Building SqFt
6459
SqFt Source
Tax Records
Living Apx SqFt
6459
Total Units
4
Year Built
1928
Total Bedrooms
6
Full Baths
4
Half Baths
2
Total Baths
6
Control Depth
0

Status Change Info

Sold Date
2022-06-15

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Appliances

Other
Apt Appliances

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Rare investment opportunity perfect for a 1031, tap into the existing & growing tourism district of Key West Florida. Premium Old Town location on Southard Street steps off Duval and Whitehead Street. This mixed-use building has 4 units and is approximately 6,459sq.ft. of space: one 4-bedroom apartment, one 2-bedroom apartment both sharing an oversized sundeck & two commercial store front spaces with Tenants in place. Please do not disturb Tenants.
Directions
On Southard Street between Duval Street & Whitehead Street

License Info

Other/See Remarks
Yes

Type

Apartment 3 or more
Yes
Bar
Yes
Other Comrcl Style
Yes
Professional Service
Yes
Retail
Yes
Other Services
Yes

Fee Includes

Other
Yes

Dockage

None
Yes

Cooling

Central Air
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

CBS
Yes

Land Size

None
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Miscellaneous

High Traffc Location
Yes
High Visibility
Yes
Residence on Premise
Yes

Roof

Metal Roof
Yes

Property Features

License Info: Other/See Remarks Type: Apartment 3 or more; Bar; Other Comrcl Style; Professional Service; Retail; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility; Residence on Premise Construction: CBS Roof: Metal Roof Land Size: None Fee Includes: Other
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner 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.