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5530 3rd Avenue, Stock Island, FL 33040

$1,400,000
Property Type: Residential Bedrooms: 16 Baths: 12 Square Footage: 8,806 Lot Size (sq. ft.): 14,916 Status: Closed
Current Price: $1,400,000 List Date: 6/09/2008 Last Modified: 8/28/2024

Overview

Description

24 Bedrooms! 12 baths! Best multi-fanily price for square footage, 2 Lots, 3 Buildings, almost 9000 sq.ft. of LIVING space, 15,000 sq.ft. of LAND. 12 Apartments- each 2 bedrooms, 1 bath. Apartments renovated over last 1.5 years- most with new kitchens- appliances, cabinets, counters, flooring/ paint. Downstairs units have small yard area. 12 Electric meters, tenant pays own electric. Parking for all. Over $14,000 gross monthly rent, annual gross over $205k. Close to public transportation, perfect for employee housing.

Listing Details MLS# 108718

Location, Tax & Legal

Street #
5530
Street Name
3rd
Street Suffix
Avenue
Key/Island
Stock Island
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Maloney Sub (5.0)
Area
05 - Stock Island to Shark Key
KW Neighborhood
Outside of Key West
City
KEY WEST
Mile Marker
7
Side
Median
Alternate Key #
1161179
Handicap Access
No
Bldg Nbr
No
Zoning
MU - Mixed Use District
Deed Restrictions
Unknown
Taxes
9328
Tax Year
2007

Contract Information

Listing Board
Key West Association
As is Rght to Inspct
Yes
Potential Short Sale
No

General Property Description

Realtor.COM Type
Residential - Single Family
Waterfront
No
Pool
No
Year Built
1977
Lot SqFt
14916
Acres
0.34
Living Apx SqFt
8806
Total Bedrooms
16
Full Baths
12
Total Baths
12

Status Change Info

Sold Date
2009-03-26

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Assoc Approval Req
No

Building Style

Stories
2 Stories

More Information

Vehicle Storage

Car(s)
4+
Off Street Parking
Yes

Pool Info

Dimensions
0.00 x 0.00

Financial Status

Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
24 Bedrooms! 12 baths! Best multi-fanily price for square footage, 2 Lots, 3 Buildings, almost 9000 sq.ft. of LIVING space, 15,000 sq.ft. of LAND. 12 Apartments- each 2 bedrooms, 1 bath. Apartments renovated over last 1.5 years- most with new kitchens- appliances, cabinets, counters, flooring/ paint. Downstairs units have small yard area. 12 Electric meters, tenant pays own electric. Parking for all. Over $14,000 gross monthly rent, annual gross over $205k. Close to public transportation, perfect for employee housing.
Directions
Stock Island- Maloney Avenue- Right turn at Dolphin Deli, Right turn on 3rd Avenue.

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Cooling

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

Waterview

No Waterview
Yes

Floor

Carpet
Yes
Tile
Yes
Vinyl
Yes

Neighborhood Feature

Other Area Features
Yes

Windows/Doors

Single Hung Windows
Yes

Security

No Security
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Furnished

Unfurnished
Yes

Terms

Owner Consider 2nd
Yes

Utilities

Community Swr Plant
Yes
Elect Separate Meter
Yes
FKAA
Yes
Water Separate Meter
Yes

Title

Negotiable
Yes

Exterior Features

Fencing
Yes

Roof

Shingle Roof
Yes

Property Features

Tax Exemptions: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Community Swr Plant; Elect Separate Meter; FKAA; Water Separate Meter Appliances: Range; Refrigerator Exterior Features: Fencing Construction: CBS Floor: Carpet; Tile; Vinyl Roof: Shingle Roof Neighborhood Feature: Other Area Features Security: No Security Land Size: 1/4 - 1/2 Acre Terms: Owner Consider 2nd Title: Negotiable
Listing Office: Tropical Properties Real Estat (KW)
Last Updated: August - 28 - 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.