517 Truman Avenue, Key West, FL 33040
$1,800,000
Property Type:
Commercial
Lot Size (sq. ft.):
4,280
Status:
Closed
Current Price:
$1,800,000
List Date:
2/20/2014
Last Modified:
9/09/2024
Overview
Description
Listing Details MLS# 119417
Location, Tax & Legal
- Street #
- 517
- Street Name
- Truman
- Street Suffix
- Avenue
- 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-S of Truman
- City
- KEY WEST
- Mile Marker
- 0
- Side
- Median
- Alternate Key #
- 1018228
- Bldg Nbr
- No
- Taxes
- 8506
- Tax Year
- 2014
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
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 4280
- Waterfront
- No
- Business Name
- Old Town Laundry
- Building SqFt
- 4460
- Year Built
- 1963
- # Parking Spaces
- No
- # Stories
- 0
- Building Ht. Ft.
- 0
- Total # Buildings
- 0
Status Change Info
- Sold Date
- 2015-05-05
License Info
- # of Transient Licns
- 2
- Non Trans Rntl Lic
- Yes
Association Info
- Mandatory Home Owners Asc
- No
- Association Fee $
- 0
More Information
Financial Status
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- Rare find in Old Town! Mixed-Use Property. Main Building has completed construction of major renovation inside & outside. 4 transient licensed units total, 3 in main building & one in cottage. Main 2 story building has 3 transient licensed units (2 2bd/1ba.apartments & 1 efficiency). One vacant commercial rental space on Truman Ave. Plus Profitable Laundromat Business which is included in sale. Second Building is on Center St. and is a one transient licensed, wood frame cottage (1bd/1ba).Property is in X Flood Zone.Great money-making opportunity to own a vacation rental property with income from a high-demand laundry business. Visible corner location on Truman Ave. between Duval and Simonton St. Surrounded by several Old Town Attractions
Deed Restrictions
- Unknown
- Yes
Dockage
- None
- Yes
Property Info
- Gross Annual Expense
- 0
- NOI
- 0
Construction
- Stucco
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Property Rights
- Transient License
- Yes
Property Features
Deed Restrictions:
Unknown
License Info:
Non Trans Rntl Lic
Dockage:
None
Utilities:
FKAA; Municipal Sewer
Construction:
Stucco
Land Size:
Less Than 1/4 Acre
Property Rights:
Transient License
Listing Office:
RE/MAX KEYS CONNECTION
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.