Search

721 South Street, Key West, FL 33040

$2,000,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 3,605 Lot Size (sq. ft.): 11,240 Status: Closed
Current Price: $2,000,000 List Date: 1/17/2024 Last Modified: 4/30/2025

Overview

Description

Exceptional old town opportunity: 6 apartments, vast 11,240 sq. ft. lot, prime location. Limitless potential awaits, with endless possibilities to transform this property into something truly extraordinary. Building comprises 4 Units with 1 Bedroom and 1 Bathroom each, along with 1 Unit featuring 2 Bedrooms and 1 Bathroom, and another unit boasting 2 Bedrooms and 2 Bathrooms. Apartments are currently occupied by tenants, please refrain from disturbing them and schedule viewings accompanied by the listing agent. Prospective Buyers are encouraged to independently verify property rights.

Listing Details MLS# 608227

Location, Tax & Legal

Street #
721
Street Name
South
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Old Town - Unlisted (1.0)
Area
02 - Key West
KW Neighborhood
Casa Marina
City
KEY WEST
Mile Marker
1
Marathon Neighborhood
N/A
Side
Median
Flood Zone
0.2 PCT ANNUAL CHANC
Alternate Key #
1039012
Parcel #
00038270-000000
Zoning
HRO - Historic Residential/Office
Deed Restrictions
Unknown
Legal
KW KW INVESTMENT CO SUB PB1-88 LOT 12 SQR 18 TR 17 OR174-324/25 OR503-910 OR873-286/287 OR1467-2182/84 OR2756-1747/49
Taxes
14686.65
Tax Year
2023
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association
As is Rght to Inspct
Yes

General Property Description

Realtor.COM Type
Multi-family
Style
Multi-Units
Waterfront
No
Pool
No
Year Built
1953
Lot SqFt
11240
Acres
0.13
Living Apx SqFt
3605
SqFt Source
Property Data Card
Total Bedrooms
8
Full Baths
7
Total Baths
7
Rentals Allowed
Yes
Control Depth
0
Total Units
0

Status Change Info

Sold Date
2024-02-23

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Building Style

Above Flood
No
Stories
2 Stories
Ground Level
Yes

More Information

Remarks & Misc

Remarks – Consumer
Exceptional old town opportunity: 6 apartments, vast 11,240 sq. ft. lot, prime location. Limitless potential awaits, with endless possibilities to transform this property into something truly extraordinary. Building comprises 4 Units with 1 Bedroom and 1 Bathroom each, along with 1 Unit featuring 2 Bedrooms and 1 Bathroom, and another unit boasting 2 Bedrooms and 2 Bathrooms. Apartments are currently occupied by tenants, please refrain from disturbing them and schedule viewings accompanied by the listing agent. Prospective Buyers are encouraged to independently verify property rights.
Directions
Located near the corner of South and William ST

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Cooling

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

Waterfront

None
Yes

Waterview

No Waterview
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

Buyer to Verify
Yes
Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Ground Level Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer Appliances: Range; Refrigerator Construction: CBS Land Size: Less Than 1/4 Acre
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: April - 30 - 2025
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.