529 Caroline Street, Key West, FL 33040 (MLS# 583411)

529 Caroline Street, Key West, FL 33040

$2,290,000

Property Type: Commercial Bedrooms: 8 Baths: 6 Lot Size (sq. ft.): 5,650 Status: Closed

Current Price: $2,290,000 List Date: 12/27/2018 Last Modified: 9/09/2024

Overview

Description

Large brick home located on one of the most valuable blocks in Old Town. Over 3,200 sq.ft. of living area, currently used as a rooming house with 8 bedrooms and 5 bathrooms. 7 Transient Licenses and 1 Non-Transient License convey. Lot size is 5,650 sq.ft. with HRCC-1 zoning. Property is priced at appraisal and being offered for sale for the first time in over 30 years. Do not disturb tenants. Off street parking for two cars, (parked in tandem).

Listing Details MLS# 583411

Location, Tax & Legal

Street #: 529
Street Name: Caroline
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
Side: Median
Flood Zone: AE 6
Alternate Key #: 1001244
Parcel #: 00001220-000000
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Legal: KW PT LOT 4 SQR 13 G10-430/431
Taxes: 12439.71
Tax Year: 2018

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: 5650
Waterfront: No
# Parking Spaces: 2 Tandem
Off Street Parking: Yes
# Stories: 2
Total # Buildings: 2
Building SqFt: 3246
SqFt Source: Property Data Card
Total Units: 8
Year Built: 1899
Total Bedrooms: 8
Full Baths: 6
Total Baths: 6
Control Depth: 0

Status Change Info

Sold Date: 2019-03-15

License Info

# of City License: 8
# of Transient Licns: 7
Non Trans Rntl Lic: Yes

Association Info

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

More Information

Property Info

# Kitchens: Yes

Vehicle Storage

Car(s): 2
Off Street Parking: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Large brick home located on one of the most valuable blocks in Old Town. Over 3,200 sq.ft. of living area, currently used as a rooming house with 8 bedrooms and 5 bathrooms. 7 Transient Licenses and 1 Non-Transient License convey. Lot size is 5,650 sq.ft. with HRCC-1 zoning. Property is priced at appraisal and being offered for sale for the first time in over 30 years. Do not disturb tenants. Off street parking for two cars, (parked in tandem).
Directions: Between Duval & Simonton Streets.

Deed Restrictions

No: Yes

Type

Apartment 3 or more: Yes
Hotel/Motel: Yes

Fee Includes

None: Yes

Dockage

None: Yes

Accounts & Meters

# Sewer Accounts: Yes
# Water Meters: Yes

Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Cooling

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

Waterfront

None: Yes

Electric

220 Volt: Yes
Circuit Breakers: Yes

Waterview

No Waterview: Yes

Interior Features

Laundry Room: Yes

Windows/Doors

Single Hung Windows: Yes

Construction

Frame: Yes
Other: Yes

Land Size

Less Than 1/4 Acre: Yes

Terms

Buyer Obtain Finance: Yes
No Seller Finance: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Title

Negotiable: Yes

Property Rights

Transient License: Yes

Miscellaneous

Fencing: Yes
High Visibility: Yes
Storage: Yes
Utility Building: Yes

Roof

Metal Roof: Yes

Tenant Paid

Tnt Pays No Utils: Yes

Property Features

Deed Restrictions: No License Info: Non Trans Rntl Lic Type: Apartment 3 or more; Hotel/Motel Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Interior Features: Laundry Room Appliances: Dryer; Range; Refrigerator; Washer Miscellaneous: Fencing; High Visibility; Storage; Utility Building Construction: Frame; Other Electric: 220 Volt; Circuit Breakers Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None Terms: Buyer Obtain Finance; No Seller Finance Title: Negotiable Tenant Paid: Tnt Pays No Utils Property Rights: Transient License

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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